Owns and operates department stores, drugstore chains, home improvement stores and supermarkets
S.A.C.I. Falabella SA engages in the retail and wholesale of clothing and accessories, construction and home improvement products, electronics, beauty, and food products.
It operates through the following segments: Department Stores, Home Improvement, Supermarkets, Promotora, Real Estate, Other Businesses and Eliminations Chile, Argentina, Colombia, Peru, and Banking Business.
The Department Stores segment involves the retail sales of clothing, accessories, and products for the home, electronics, beauty products, and others under the Falabella brand.
The Home Improvement segment includes the sale of building and home improvement products such as building materials, hardware, tools, and accessories for the kitchen, bathroom, and garden and decoration under the Sodimac brand.
The Supermarkets segment operates hypermarkets and supermarkets, which offers food and non-food products under the Tottus brand.
The Promotora segment operates in the business of granting loans to individuals through the CMR credit card.
The Real Estate segment involves the construction of leasing of malls.
The Other Businesses and Eliminations Chile segment includes the rest of the companies of the group.
The Argentina segment includes the activities in the department store, home improvement, and financial services areas.
The Colombia segment involves the department stores and financial services activities of Banco Falabella S.A. The Peru segment comprises the operations of Banco Falabella Peru.
The Banking Business segment includes information on all banking business in Chile and abroad.
The company was founded on March 19, 1937 and is headquartered in Santiago, Chile.