Chile has a sophisticated retail sector. The trend over recent years has been towards consolidation and local companies dominate the market. Key players include D&S, Cencosud and Ripley.
The retail sector caters to all levels of Chilean society, having a small luxury goods market for Chile’s upper class, a wealth of shopping malls and department stores catering for Chile’s growing middle class, as well as traditional street markets appealing to the tighter budget of the lower classes.
A briefing by the British Embassy Santiago on the Retail sector in Chile can be found in Related Documents. The briefing includes information on the characteristics of the market, key methods of doing business, events, contacts and where the opportunities are in the market. Research is critical when considering new markets. UKTI provides market research services which can help UK companies doing business overseas including:
Overseas Market Introduction Service (OMIS). Bespoke research into potential markets, and support during your visits overseas.
Export Marketing Research Scheme. In depth subsidised research service administered by the British chambers of Commerce on behalf of UKTI
Contact your local International Trade Advisor if you are interested in accessing these services, or for general advice in developing your export strategy.