The “Argentine effect” benefited retail A more than retail B - La Tercera

The figures of retail in the first quarter will benefit from an unexpected effect: the avalanche of Argentine tourists, which boosted the figures of the local trade.But it will not be the same for everyone.This week the financial statements of some companies that reflect that effect were released.Hites companies, for example, scored a slight decrease of their retail sales of 1.3%, to $55.050 million. The firm explained that this was due to its f…