The first tailoring store was opened by Salvatore Falabella on Ahumada Street in Santiago, Chile

The next generation transforms the business and takes it to the next level as Alberto Solari joins the company, making the tailoring store into a renowned clothing store.

To grow stronger and spread its wings wider, the business diversifies into household products, laying the foundation for the first department store in Chile. Ahumada Street gains recognition and earns the name “Falabella Street”.

The expansion fervor continues as the first store was opened outside Santiago in Concepcion. 

Diving into finance, Falabella launched the first-of-its-kind, credit card, ‘CMR’, in chile.

Moving to the next level from department stores, the next step was opening its own mall. Mallplaza, the first shopping mall was launched in Chile, Mallplaza Vespucio, in La Florida.

The vision kept getting bigger as the brand fiercely spread its wings. Falabella entered Argentina and Sodimac entered Colombia.

The reigning streak continued as Falabella entered Peru by acquiring Saga.

The giant leap to going Public, as Falabella began trading its shares on the Santiago Stock Exchange.

Viajes Falabella and Seguros Falabella were created. Falabella also entered a partnership with Home Depot in Chile and acquired it 4 years later.

The banking business was added to the legacy by acquiring a license from ING Bank, Chile to form Banco Falabella.

Keeping up with the changing times, Falabella established its digital presence through e-commerce as Falabella.com launched internet sales in Chile.

Tottus supermarket was started in Lima, Peru, enlarging the Falabella empire and family.

Falabella struck another profitable partnership as it merged with Sodimac to launch the first regional home improvement chain in Latin America.

Adding to the streak of mergers and acquisitions, Falabella acquired the San Francisco supermarket chain in Chile.

Falabella retail opened its first department store in Bogota, marking its territory in Colombia.

Growing the Falabella brand presence in Peru, Banco Falabella and Aventura Plaza were launched

Adding to the list of acquisitions and bolstering the Falabella brand and family, Sodimac acquired 60% of the Imperial home improvement chain in Chile

More feathers were added to the hat as CMR formed a partnership with Visa in Peru and Chile, following which, CMR formed a partnership with MasterCard in Argentina and Colombia in 2011

Homy was launched in Chile

Banco Falabella came to Colombia

Continuing the expansion in Colombia, Mallplaza opened the first shopping mall in Colombia

Falabella entered Brazil as it acquired 50.1% of the Dicio home improvement chain

Movil Falabella was launched in Chile

Another acquisition came along to strengthen the brand further as Sodimac Acquired the Maestro home improvement chain in Peru

Hiperbodega Precio Uno was launched in Peru

Aggressively expanding across countries, Sodimac was launched in Uruguay with the opening of its first 2 stores

The first 2 Sodimac Stores were opened in Brazil

A proud achievement as Falabella was admitted into the Dow Jones Sustainability World Index

Dissolution and separation of the Aventura Plaza S.A, in Peru

Adding to its verticals and branches in Mexico, Falabella signed a contract with Soriana to jointly develop Home Improvement (Sodimac) and Financial Services (CMR) businesses in Mexico

The first Falabella Soriana credit card was issued in Mexico and the company acquired 50% of Servicios Financieros Soriana S.A.P.I de C.V.

Falabella India office was started to accelerate innovation and digital integration across Falabella businesses and market channels with the most advanced technical support.

Strengthening its hold in the eCommerce market and bringing the products of Sodimac, Tottus and Falabella brands into the limelight, Falabella acquired Linio, a regional marketplace with a strong positioning in Mexico, Colombia and Peru.

CMR and Banco Falabella join hands in operations to increase their value proposition, adding to the simplicity and convenience for customers and providing an enhanced digital infrastructure.

Extending its niche into the furniture market, Falabella partners with the globally leading and most popular furniture brand, IKEA to open 9 stores in Chile, Colombia and Peru over the coming 10 years.

Falabella agreed to sell Viajes Falabella to Despegar, forming a long-term strategic alliance

Fazil, an on-demand delivery app with a supermarket format, was launched in Chile, extending its presence from Peru where it was piloted in 2019

FPay and Fazil app launched in Chile and Peru

100% digital CMR card was launched in Chile and Colombia

Falabella.com, our integrated e-commerce and marketplace platform launched in Chile.

Falabella.com launched in Peru

IKEA arrived in Chile