Cencosud grows DIY business

In the first six months Cencosud, the Chilean retail group, recorded sales of CLP 513.734 bn, or some 16 per cent more than in the same period last year. The most important market for this business is Argentina, where sales saw an increase of 23.7 per cent to CLP 296.065 bn. On the home market in Chile the group’s DIY division recorded sales of CLP 185.294 bn, an increase of 5.9 per cent. The volume of sales in Columbia saw growth of 16.2 per cent to CLP 18.397 bn. Cencosud also has a trade-oriented brand, Blaisten, in the marketplace in addition to its main “Easy” DIY sales channel.