Sodimac Closes Seven Stores, Reduces Network in Brazil by Almost 14% and Makes Layoffs

Globo

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The sodimac construction material retailer, from the Chilean group Falabella, closed seven stores in the country in the second quarter, in the largest reduction of sales points in Brazil since it began its expansion more rapidly in the national market in 2013. This volume of closures represents almost 14% of the total number of stores in the country. The staff table, affected by layoffs, also decreased as a reflection of this movement. Exclusive…

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Factuality

Ownership

Sodimac, a retailer of construction material belonging to the Chilean group Falabella, closed seven shops in Brazil during the second quarter of 2026. The measure represents the largest reduction of brand sales points in the country since 2013 and amounts to almost 14% of its entire operation in national territory. The information was [...]