CLThe article discusses how mid-sized retail companies in Chile, including Tricot, Hites, and ABC, have shifted their credit strategies toward lower-risk customers during a challenging economic environment. ABC reported losses of $12.789 million in the first half of 2026, compared to -$9.054 million in the previous year, while revenue decreased by 9.4%. The company attributed this decline to the retail sector, which saw a 12.5% drop, but noted that the financial services segment remained stable at $28.245 billion. ABC explained that reorienting its portfolio toward higher-quality customers with greater average debt has helped maintain income levels despite a smaller active account base. The firm’s operational results in the financial segment rose by 32.2% compared to the same period last year. Hites also reported a 9% decrease in EBITDA, though its financial services segment showed strong growth, driven by new products like assistance, insurance, and guaranteed cards.
Bias read (Center): The article presents factual data and strategic decisions made by private-sector companies without overt ideological framing. While the economic challenges mentioned could have broader political implications, the focus remains on corporate strategy rather than partisan agendas. The reporting doesnot
