Face with the declining demands, Falabella of Chile - one of Latin America's top diversified retails, has clipped two thirds of investment plan for this year with $305 million compared to the investment forecast last March 2008 which have $914 million.
The company is laying low this year to brace with the effect of the global economic crisis but still have plans of aggressive expansion with investment plan amounting to $2.02 billion for new stores and mall within this year up to 2012.
Thinking about making a comment on this blog post? Great! But please remember that this space is for just that, comments about this blog post. It is not a place to post random thoughts about other stuff. We found that most of the "comments" posted here are not comments at all and should have really been posted in our forum. So:
If you are just planning to spam... go away as all the comments are premoderated
Have something to actually say about this blog post, please submit your comment here:
Leave a comment:
We welcome your comments on this post in the Chile English News Blog. That means a comment on this post, not something about some other topic.
Name: (required)
Email: (required, not published)
Comment:
Note: Your comment will be immediately submitted and you will have no opportunity to review to edit it.
It is recommend that you register on Chile English News Blog and login so you can include full html (ie: links). We don't have a chapta because we think we're smarter than the spambots.
Please view original source for complete details on items digested here.
