Tag: La Polar

• Friday, July 15th 2011 - 13:36 UTC

  Charges against 18 executives and British auditor in major Chilean retail scandal

  

  The Chilean Securities and Insurance Supervisor (SVS) announced on Wednesday that it would be pressing charges against more than a dozen executives at Chilean retail giant La Polar.

• Thursday, June 23rd 2011 - 13:23 UTC

  Chile’s fourth retail chain collapses under 1bn USD debt; super manager contracted

  

  La Polar, Chile’s fourth largest retail chain is in deep water. Company stock has fallen 80% in the last two weeks and the entire board of directors has offered to resign.