Santiago, Chile, December 2, 2013 - CENCOSUD (NYSE: CNCO; BCS: CENCOSUD) a leading South American retailer with operations in Chile, Argentina. Brazil, Peru and Colombia, today announced the opening of one Paris Department Store.
CENCOSUD is pleased to announce the opening of a new Paris Department Store on November 30 in Peru. The Paris store is located in the city of Lima, as an anchor store to Mega Plaza Norte, with 7,970 m2 of selling space. While being the largest store in the country under the brand, this is Cencosud´s 6th store in the country, 2nd in Lima. The opening follows the company´s plan to open 15 stores by 2015 while exceeding initial expectations to open 5 yearly. With this latest addition Cencosud comes to operate 83
Department Stores in the region.
CENCOSUD is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The company operates in supermarkets, home improvement, shopping centers and department stores, always aiming to deliver the right product at the right price to Latin America's growing middle class. In 2012 the company listed American Depositary Receipts (ADRs) on the New York Stock Exchange.