Business

Falabella records 60% drop in sales in the second quarter in Argentina

Falabella’s Argentine operation recorded a 60% drop in sales in the second quarter and announced the closure of four locations, two of Falabella’s stores and two of Sodimac’s stores, where it sells construction materials. Falabella shares lost 43.85% in the last 12 months, and yesterday recorded a 2.86% decline after the news about Argentina.

Source: Ámbito

Categories: Business