In the Chilean home market, Cencosud's Easy stores increased their sales in 2016 by 5.1 per cent to CLP 520 bn. Here there was an increase in same stores sales of 7.9 per cent in the fourth quarter. In Columbia the group reports a rise at Easy stores of 0.4 per cent to CLP 63 bn. In the fourth quarter, sales in local currency here grew by 5.4 per cent, in same stores sales by 5.3 per cent.
South America
Devaluation is corroding Cencosud’s sales increase
In the Chilean home market, Cencosud's Easy stores increased their sales in 2016 by 5.1 per cent to CLP 520 bn. Here there was an increase in same stores sales of 7.9 per cent in the fourth quarter. In Columbia the group reports a rise at Easy stores of 0.4 per cent to CLP 63 bn. In the fourth quarter, sales in local currency here grew by 5.4 per cent, in same stores sales by 5.3 per cent.