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Third quarter

Cencosud's Easy stores only up in Chile

Easy is Cencosud's main channel in its home improvement business.(Source: Cencosud)
Easy is Cencosud's main channel in its home improvement business.
04.12.2024
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In the third quarter, the Chilean retail group Cencosud achieved an increase in sales with its home improvement division only in its domestic market. In Chile, the Group's DIY stores, which operate under the Easy brand, exceeded the previous year's level by 7.7 percent, or 7.8 percent on a like-for-like basis. In the inflation-plagued neighbouring country of Argentina, where Cendosud also operates the Blaisten sales line, sales in the local currency rose by 171.7 percent, but in Chilean pesos (CLP) they fell by 2.7 percent. The Group's Colombian DIY stores lost 12.7 percent of their sales in local currency, while the drop in CLP terms amounted to 5.5 percent.

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