Falabella announces closure of its last 3 stores in Argentina

Member News
 |  
Apr 2021
 |  
Fashion United, Punto Biz

What: The Chilean fashion retail group Falabella has confirmed that it will close the doors of all its physical establishments in Argentina.


Why is it important: Industry experts approve the move, key in Falabella's omni-channel strategy.


In September 2020, Falabella revealed their intention to sell all operations in Argentina and reported they were searching for a strategic partner.


Last February, Falabella decided to close its stores in Mendoza, Cordoba and San Juan. E-commerce operations will continue.


The market nods to Falabella's departure from Argentina


las causas que derivaron en la salida de Falabella del pais