Oechsle (retail chain)

Oechsle (pronounced [ˈøkslə]) is a Peruvian retail chain owned by Tiendas Peruanas S.A., a subsidiary of conglomerate Intercorp.

Oechsle and best known for its Art Nouveau building at the Plaza Mayor, designed by French architect Claude Sahut.

The business expanded and gained a lot of prestige throughout the city as a result of an exclusive offer, made up of imported products, among which textiles, perfumes, decorative items and even toys stood out.

However, as a result of the economic crisis that Peru experienced in the second half of the eighties and early nineties, to which was added terrorist violence, the chain had to declare bankruptcy and closed its doors in 1993. thus passing their establishments to new owners.

[4] After several years, Intercorp bought the Oechsle brand and opened a chain of stores with that name as part of its diversification plan in the retail sector.

Former Oechsle building façade.