Cencosud, a Chilean multinational retail company, has announced the appointment of Dolores Fernández Lobbe as its new general manager in Argentina. This move follows the unexpected departure of Diego Marcantonio. Fernández Lobbe, who previously spent four years in Mexico, is set to return to Argentina where she will assume her role on March 1. In her new position, she will report directly to Rodrigo Larraín, the group's CEO, and is expected to steer local strategies amidst a challenging consumption environment.

Fernández Lobbe has an extensive background in retail management, having honed her skills at Walmart and brought over 20 years of experience to her new role. She holds a degree in Business Administration from the Universidad Católica Argentina, which adds to her credentials as she prepares to tackle the evolving landscape of the Argentine market. The company aims to not only stabilize in a weakened consumption context but also to focus on growth and innovation with Fernández Lobbe at the forefront.

Cencosud is recognized for its significant investments in the retail sector, operating popular brands such as Jumbo, Disco, Easy, and Unicenter. The appointment of a seasoned executive like Fernández Lobbe signals the company's intent to leverage her expertise to navigate challenging market conditions and enhance its competitive edge in Argentina. Her leadership is anticipated to play a crucial role in contributing to the company's performance and future expansions in the region.