The Chilean retailer Cencosud said on Friday (12/1), which plans to invest 400 million dollars this year and predicted revenue of 16.5 billion dollars in 12 months. One of the largest retailers in South America, Cencosud said that your investment plan can increase depending on the sale of non-strategic assets.
"The investment for 2018 includes a plan of 400 million base investment dollars, which could be revised upwards as the plan of disposal of non-core assets of up to 1 billion dollars to run," the company said in a statement.
The company has operations in Brazil, Chile, Argentina, Colombia and Peru. "The following investments focused on strengthening our value proposition and competitiveness, innovation, improvements in logistics and technological capabilities, developing the omni channel, selective store openings and remodeling plan," said the group in the statement.
Supermercado Moderno - 15/01/2018
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