- Stores in Argentina were the ones that remained closed the longest in the region;
- Falabella will serve Argentina only via e-commerce.
South American retail giant Falabella is closing all its stores in Argentina, operating in the country only with e-commerce. Since September 2020, the retailer announced it was reducing its local structure in Argentina to sustain the business amid the COVID-19 crisis.
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Sources close to the company informed El Cronista that in the next 60 days the company will shut the three remaining department stores that were left standing in the country.
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Stores in Argentina were the ones that remained closed the longest in the region as a result of the restrictions imposed to prevent COVID-19 infection, according to Diario Financiero.