Cencosud Commits To Investment Program

Chile-based retailer Cencosud has insisted that it will stick with its US$3bn investment plan, despite a slowdown in consumer spending in its domestic market. The firm's Chief Executive Officer, Laurence Golborne, has said that "The company's investment horizon is much longer term than one year" and that "Cencosud is a company that has been investing steadily and consistently in both lean times and boom times."

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