Who We Are

We are a business group focused around on retail, driven by a common purpose: helping people to make life simpler and more enjoyable.

Our main brands are Banco Falabella, Sodimac, Falabella Retail, Mallplaza, and Tottus. Together, they create an ecosystem of shopping, financing, services, and entertainment options that are currently preferred by over 35 million people across Latin America. Our interaction with them is omnichannel: we offer the best of the physical and digital world.

We operate in 9 countries —Chile, Peru, Colombia, Brazil, Mexico, Uruguay, Argentina, China, and India— with a history of over 130 years, constantly adapting to the environmental challenges and customer preferences. To achieve this, we rely on the talent of more than 80.000 people and a culture rooted in innovation and sustainability.

A Story of Passion for Transformation

What began as a family business 135 years ago has become a pioneering proposal for the retail industry in Latin America. In 1889, Salvatore Falabella opened the first major tailor shop on Ahumada Street in Santiago, Chile, which was the starting point of a great dream that is now a reality.

Today, Grupo Falabella is one of the leading companies in the region, offering its customers a unique shopping experience. What has been the key to our growth? A team that places the customer at the center and is committed to the success of the business.

Discover our milestones

  1. Salvatore Falabella opens the first major tailor shop in Santiago, Chile
  2. The CMR credit card is launched in Chile
  3. The first Mallplaza shopping center opens in Chile
  4. Sodimac begins operations in Argentina
  5. Operations begin in Peru
  6. Falabella is listed on the Santiago Stock Exchange
  7. Banco Falabella is established in Chile
  8. Falabella launches its e-commerce platform in Chile
  9. Tottus opens in Peru
  10. Falabella and Sodimac merge
  11. Falabella Retail and CMR enter Colombia
  12. The financial business expands to Peru
  13. Banco Falabella and CMR are integrated
  14. We launch falabella.com as a Marketplace in Chile, Peru, and Colombia
  15. We open the first IKEA store in Chile and Colombia