Chile: Equivalenza partners with Walmart for 80 new store openings
The low cost Spanish perfumery chain Equivalenza has announced that has secured an in-store agreement to open 80 stores in Chile in Walmart’s commercial centres, America Economia reports.
While some of the stores will be located in Walmart shopping centres, Espacio Urbano, many will be located in Lider hypermarkets and Lider Express stores. According to the perfumery company’s strategy, the first 60 stores will be opened within 3 years.
The Spanish chain, which already has 610 stores in over 30 countries in Europe, Africa and America, started its activities in Chile last July. It now has seven outlets in major chain such as Mall Plaza, Cencosud, Grupo Vivo, Mall Open Plaza and Lider.
Source: America Economia