- The company detailed its growth plans across all its businesses, focusing on continuing to transform its physical assets to enhance the experience, alongside the opening of 17 new Falabella, Tottus, and Sodimac stores.
- The planned technology spending will see an increase of around 60% compared to what was announced for 2025, with investments aimed at enhancing digital banking and e‑commerce.
Santiago, Chile – January 19, 2026. Grupo Falabella announced its investment plan of US$ 900 million for 2026, aimed at strengthening the growth of its physical–digital ecosystem, continuing to improve customer experience, and enhancing digital capabilities in the markets where it operates in Latin America.
The Group will invest nearly 40% more than the US$ 650 million considered in the plan announced for 2025, and the three main focuses are:
- Transforming physical spaces to enhance customer experience through store and mall remodeling and expansion (US$ 500 million)
- Continuing to strengthen the Group’s technological capabilities with an emphasis on platforms and advancing AI initiatives (US$ 265 million)
- Opening new stores (US$ 113 million)
In detail, the announcement includes growth through the opening of 17 new stores: Falabella Retail (5) in Chile and Peru, Tottus (7) in Peru, and Sodimac (5) in Mexico and Chile.
On the occasion, the company highlighted that these growth pillars will continue to improve the Group’s value proposition, operational and technological capabilities, leveraging continuous improvement in profitability.
“This plan reflects the growth momentum of our omnichannel ecosystem, strengthening both the physical experience of our customers —through the transformation and opening of new spaces— and the digital experience —enhancing our banking and e‑commerce capabilities. We are investing with discipline and focusing where we generate the greatest value for our more than 37 million customers in the region,” said Grupo Falabella’s CEO, Alejandro González.
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In this framework, Mallplaza will focus on the expansion and evolution of its urban centers, aligned with its recently announced strategy, strengthening its position as a key platform in the region.
Banco Falabella enfocará sus inversiones en continuar fortaleciendo capacidades tecnológicas y desarrollar nuevas funcionalidades, destacando que en México buscará ofrecer productos innovadores una vez concluido el proceso de transformación en Sociedad Financiera Popular (SOFIPO).
Banco Falabella will focus its investments on continuing to strengthen technological capabilities and develop new functionalities, highlighting that in Mexico it will seek to offer innovative products once the transformation into a Popular Financial Society (SOFIPO) is completed.
Sodimac will continue its growth in Mexico and Chile with new openings and expansions, and will continue progressing in the transformation of Maestro stores into the Sodimac format in Peru.
Falabella Retail will drive the opening of express-format stores in Peru and Chile —with a focus on apparel— strengthening its omnichannel offering and multi-specialist strategy.
Lastly, Tottus will open 7 new stores, highlighting growth in Peru with the Precio Uno format, where significant potential is seen, in addition to continuing to improve the in‑store experience.
