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Cencosud to invest USD 600 million in new stores and expansions in 2026

#Hospitality & Retail#Chile
Last Updated : 19th Jan, 2026
Synopsis

Cencosud plans to invest USD 600 million in 2026, focusing on new store openings, shopping center expansions, and real estate projects. About 20 outlets are expected to launch this year, primarily supermarkets, including 17 traditional stores and seven Fresh Market outlets in the U.S. Investments will also support digital transformation, e-commerce growth, retail media, and logistics. The company anticipates revenue of USD 18.41 billion and adjusted EBITDA of USD 1.82 billion, with strong margins in Chile, Peru, and the U.S., driven by operational improvements and strategic expansion.

Chilean retail group Cencosud has announced plans to invest about USD 600 million this year, with the funds directed toward new store openings, shopping center expansions, and real estate developments. The company intends to open around 20 new stores across different formats, with most being supermarkets. This includes 17 traditional supermarkets and seven Fresh Market outlets in the United States, reflecting the company's focus on expanding its North American presence.


In addition to physical retail expansion, Cencosud will allocate part of the investment to digital transformation, enhancing e-commerce operations, developing retail media businesses, and strengthening logistics capabilities. These initiatives are expected to improve operational efficiency and customer experience across all markets.

The company projects annual revenue of USD 18.41 billion and an adjusted EBITDA of USD 1.82 billion for the year. Cencosud expects double-digit margins in Chile, Peru, and the United States, supported by ongoing improvements in store operations and strategic market expansion. The retailer has historically invested in modernizing its store portfolio and integrating digital solutions, which has contributed to steady growth across its regions.

Source Reuters

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