Falabella

Falabella is a retail group which has been established in the year 1889 by Salvatore Falabella. The headquarters is based in Santiago, Chile. The firm operates in the following countries: Chile, Argentina, Peru, Colombia, Brazil and Uruguay. 

Falabella Retail is a chain of stores operating Chile, Peru, Argentina and Columbia. In 1999, the store launched its online shop in Chile. 

Falabella employs 54472 people in Chile and the company achieved a turnover of € 11.6 billion in 2018, indicating that its revenue has grown by 1.6% as compared to 2017. 

Falabella gained market recognition through the award of “Best managed company overall in Latin America” by Euromoney.

The business provides a diversified collection of goods under the following categories:

• Personal care

• Bazar

Falabella also launched the brand Sybilla that offers a range of women apparel and also operates 5 stores in Chile under the banner Sybilla. 

Falabella acquired other store chains in different sectors and diversified its activities.

The company owns Sodimac Homecenter, a department store chain consisting of 254 shops in various parts of South America. 

Falabella also manages the chain of supermarkets, Tottus which now operates 134 stores in Chile and Peru.

Falabella also took over the regional marketplace, Linio in 2018. The firm uses the marketplace to offer products from Falabella Retail, Sodimac and Tottus. 

Falabella has entered the financial services industry and offers insurance, baking, credit card facilities in Chile, Peru, Colombia, Argentina and Mexico. 

Furthermore, the company is also involved in the real estate business and develops shopping centers in Chile, Peru and Colombia. 

In 2018, Falabella started Digital Factory, a division which is involved in finding digital solutions for the company. 

Falabella operates 14 distribution centres in Chile.