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History. The company was founded by Salvatore Falabella, an Italian Chilean immigrant, in 1889. It was originally a tailor's shop, but today has become the largest retailer in South America. The expansion of the company began in the 1960s, with the first store outside Santiago opened in Concepción. In 1980 Falabella created CMR, a credit card ...
US$14.6 billion (2017) Net income. US$828.9 million (2017) Number of employees. 113,378 (2017) Website. www .falabella .com /inversionistas. Falabella is a Chilean multinational company. It is the largest retail company in Chile followed by Cencosud and one of the largest in Latin America.
This page was last edited on 31 October 2019, at 16:01 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply.
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Became Saga hen renamed Falabella Puerto Rico 1961 n/a Operated 14 full-line department stores and various other formats over its lifespan. One full-line store remains open as of end 2023. Spain: 1967 (1970: 2) 1970–1983: Barcelona, Madrid: 1983 Opened in Barcelona 30 March 1967, opened in Madrid 8 April 1970.
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