Falabella Looks To Focus On Food

Chile-based retailer Falabella, which currently derives the bulk of its revenues from non-food sales, is making moves to expand its share of the Chilean food market. This revelation comes after its proposed merger with Chilean supermarket chain D&S was blocked by the country's antitrust authorities. This strategy indicates that despite this setback the firm is still anxious to gain ground in the lucrative food market, which is growing rapidly thanks to Chile's buoyant economy and the rapid consumer acceptance of organised

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