Mexican Retail Giant Elektra Posts 418M Peso Loss for 3Q 2009

Citing weakness in the country's consumer goods sector, Mexican retail giant Elektra S.A. (BMV:ELEKTRA) which reported total sales of MXP 42.2 billion (US$3.2 billion) in 2008, reported a third quarter loss of MXP 418 million, down from a profit of MXP 673 million a year ago.