Chile contender shakes up Mexico retail market

Mexico’s retail market is getting a jolt as Chile-based retail giant SACI Falabella reaches northward to grab a piece of an expanding consumer market. South America’s largest department store chain, which sells everything from power tools to women’s clothes and treadmills, is making headway in Mexico as consumption drives a better-than-expected expansion in the country.

http://www.bloomberg.com/news/articles/2016-06-16/a-new-contender-from-chile-shakes-up-mexico-s-hot-retail-market

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