Jump to content

S.A.C.I. Falabella: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
mNo edit summary
 
(38 intermediate revisions by 23 users not shown)
Line 1: Line 1:
{{short description|Chilean retail company}}
{{Use dmy dates|date=October 2019}}
{{More citations needed|date=October 2019}}
{{Infobox company
{{Infobox company
| name = S.A.C.I. Falabella
| name = Falabella S.A.
| logo = Grupo_Falabella_logotipo.png
| logo = [[File:Logo SACI.jpg|thumb|S.A.C.I. Falabella]]
| type = [[S.A. (corporation)|Sociedad Anónima]]
| type = [[Public company|Public]]
| traded_as = {{bcs|FALABELLA}} |
| traded_as = {{bcs|FALABELLA}}
| foundation = 1889<ref>{{cite web |title=Corporate Information |url=https://www.falabella.com/falabella-cl/static/staticContentWithHeader.jsp?title=Inversionistas-EN-Home}}</ref>
| foundation = {{start date and age|1889}}<ref>[https://www.falabella.com/static/staticContent/content/minisitios/Inversionistas/images/contenidoDescargable/reporteAnual/2017/Libro_Falabella_SVS_ing_7.pdf ''Información Corporativa - Corporate Information''] fallabella.com, retrieved 8 February 2019 (Spanish)</ref>
| location_city = [[Santiago, Chile|Santiago]]
| location_city = [[Santiago, Chile|Santiago]]
| location_country = [[Chile]]
| location_country = Chile
| key_people = Carlo Solari Donaggio, <small>([[Chairman]])</small> <br> Gaston Bottazzini, <small>([[CEO]])</small>
| key_people = Carlo Solari Donaggio ([[chairman]])<br />Alejandro González Dale ([[CEO]])
| industry = [[Retail]] [[E-commerce]]
| industry = Retail
| products = [[Malls]]<br>[[Supermarket]]s<br>[[Banking]]<br>[[Fashion]]<br>[[Home Improvement]]<br>[[Travel]]<br>
| products = [[Shopping mall|Mall]]s<br />Supermarkets<br />Banking<br />Clothing
| [[Total assets]] =
| market value =
| market value =
| market cap =
| market cap =
| revenue = {{profit}} [[United States dollar|US$]] 14.5 billion <small>(2017)</small>
| revenue = {{profit}} US$14.6 billion (2017)
| title =
| title =
| work =
| work =
| accessdate =
| access-date =
| net_income = {{profit}} [[United States dollar|US$]] 829 million <small>(2017)</small>
| net_income = {{profit}} US$828.9 million (2017)
| num_employees = 113,378
| num_employees = 113,378 (2017)
| parent = |
| parent =
| subsid =
| subsid =
| homepage = [http://www.falabella.com www.falabella.com]}}
| homepage = {{url|www.falabella.com/inversionistas}}
}}
'''Falabella S.A.''' is a Chilean [[Multinational corporation|multinational company]]. It is the largest retail company in Chile followed by [[Cencosud]] and one of the largest in Latin America. It operates its flagship [[Falabella (retail store)|Falabella]] [[department store]]s in addition to [[Mallplaza|Mall Plaza]] [[Shopping mall|shopping centers]], [[Tottus]] [[hypermarket|hyper]] & [[supermarket]]s, [[Banco Falabella]] [[bank]]s, and [[Sodimac]] [[Home improvement| home improvement centers]]. The company has 491 stores and 42 shopping malls. The stores are divided into 111 department stores branded as Falabella, 251 home improvement stores under the brand [[Sodimac]] and 129 supermarkets branded as [[Tottus]]. In Peru the company owned the '''Saga Falabella''', listed in the [[Lima Stock Exchange]]. It was renamed to Falabella in 2018.


Falabella Department Stores division has been a member of the [[International Association of Department Stores]] since 2009.<ref>{{Cite web|title=Falabella|url=https://www.iads.org/web/home-public/2311-falabella.php|access-date=2021-06-20|website=www.iads.org}}</ref><ref>{{Cite web|title=News releases - www.stockmanngroup.com|url=http://www.stockmanngroup.com/en/news-releases/-/stock/showDisclosure/93093/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA|access-date=2021-06-20|website=www.stockmanngroup.com}}</ref>
SACI Falabella is one of the largest multinational retail corporations headquartered in Latin America. The company owns diverse categories retail services (banking, consumer credit, insurance, and travel), retail product businesses (department stores, home improvement, supermarkets, furniture, and electronics), as well as real estate. SACI Falabella has been delivering world-class customer experiences for 129 years and has operations in Chile, Peru, Colombia, Argentina, Brazil, Uruguay, and Mexico.

Founded as a tailor shop in 1889, the Empresas Falabella has grown to become one of the top retailers in the world (88 in 2017) with total sales exceeding USD $14.5 billion and online sales of nearly USD $800 million. The company has 491 stores, 41 shopping centers, 27 transactional sites, 261 bank branches, and 113,378 employees.

With more than 5 million active customer accounts, every year it processes more than 300 million transactions, and its shopping centers receive more than 390 million visits. The company has developed the digital channel for all the retail services and businesses and is investing heavily in the future platforms and services necessary to continue to give their customers the most comprehensive and valuable omnichannel experiences.

SACI Falabella's leadership is based upon its ability to attract and retain world-class talent, its commitment to maintaining a collaborative work environment, and its strong focus on innovation and business results.


==Description==
The company is a leading Chilean retailer of apparel, accessories and household products distribution through department stores, specialty stores and malls; the company distributes food through hyper and supermarkets. In addition, the company manufactures textile fabrics and offers financial services (issuance of credit cards, insurance brokerage, bank and travel agency) through CMR (credit cards) and through Banco Falabella. The company primarily operates in markets outside of Chile such as Argentina, Peru and Colombia. It is headquartered in [[Santiago (Chile)|Santiago]].<ref>[https://www.falabella.com/static/staticContent/content/minisitios/Inversionistas/images/contenidoDescargable/reporteAnual/2017/Libro_Falabella_SVS_ing_7.pdf ''Annual Report 2017''] fallabella.com, retrieved 8 February 2019 (Spanish)</ref>


==History==
==History==
Line 66: Line 66:
* 2016: Separation of Aventura Plaza S.A. in Peru. S.A.C.I.
* 2016: Separation of Aventura Plaza S.A. in Peru. S.A.C.I.
* 2016: S.A.C.I. Falabella and Soriana signed final contracts to jointly develop Home Improvement (Sodimac) and Financial Services (CMR) businesses in Mexico.
* 2016: S.A.C.I. Falabella and Soriana signed final contracts to jointly develop Home Improvement (Sodimac) and Financial Services (CMR) businesses in Mexico.
* 2017: 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.
* 2017: 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.<ref>[https://www.falabella.com/static/staticContent/content/minisitios/Inversionistas/images/contenidoDescargable/reporteAnual/2017/Libro_Falabella_SVS_ing_7.pdf ''Annual Report 2017''] fallabella.com, retrieved 8 February 2019 (Spanish)</ref>
* 2018: in Peru the name "Saga Falabella" was deleted and the denomination changes simply to "Falabella" just like in the other countries.
* 2021: Falabella left Argentina.


== References ==
== References ==
Line 81: Line 83:
[[Category:Retail companies of Chile]]
[[Category:Retail companies of Chile]]
[[Category:Falabella (retail store)]]
[[Category:Falabella (retail store)]]
[[Category:Companies based in Santiago]]
[[Category:Companies based in Santiago, Chile]]
[[Category:Chilean brands]]
[[Category:Companies listed on the Santiago Stock Exchange]]
[[Category:Companies in the Índice de Precio Selectivo de Acciones]]
[[Category:Companies in the S&P Latin America 40]]

Latest revision as of 10:09, 16 November 2024

Falabella S.A.
Company typePublic
BCS: FALABELLA
IndustryRetail
Founded1889; 135 years ago (1889)[1]
Headquarters
Santiago
,
Chile
Key people
Carlo Solari Donaggio (chairman)
Alejandro González Dale (CEO)
ProductsMalls
Supermarkets
Banking
Clothing
RevenueIncrease US$14.6 billion (2017)
Increase US$828.9 million (2017)
Number of employees
113,378 (2017)
Websitewww.falabella.com/inversionistas

Falabella S.A. is a Chilean multinational company. It is the largest retail company in Chile followed by Cencosud and one of the largest in Latin America. It operates its flagship Falabella department stores in addition to Mall Plaza shopping centers, Tottus hyper & supermarkets, Banco Falabella banks, and Sodimac home improvement centers. The company has 491 stores and 42 shopping malls. The stores are divided into 111 department stores branded as Falabella, 251 home improvement stores under the brand Sodimac and 129 supermarkets branded as Tottus. In Peru the company owned the Saga Falabella, listed in the Lima Stock Exchange. It was renamed to Falabella in 2018.

Falabella Department Stores division has been a member of the International Association of Department Stores since 2009.[2][3]

Description

[edit]

The company is a leading Chilean retailer of apparel, accessories and household products distribution through department stores, specialty stores and malls; the company distributes food through hyper and supermarkets. In addition, the company manufactures textile fabrics and offers financial services (issuance of credit cards, insurance brokerage, bank and travel agency) through CMR (credit cards) and through Banco Falabella. The company primarily operates in markets outside of Chile such as Argentina, Peru and Colombia. It is headquartered in Santiago.[4]

History

[edit]
  • 1889: Salvatore Falabella opened his first great tailoring store on Ahumada Street, Santiago, Chile.
  • 1937: Alberto Solari joined the company, transforming it into an important clothing store.
  • 1958: Household products were introduced, laying the foundations for the first department store in Chile, and Ahumada Street became known as "Falabella Street".
  • 1962: The first store outside Santiago was opened in Concepción.
  • 1980: Falabella launched CMR, its own credit card and the first of its kind in Chile.
  • 1990: Mallplaza opened its first shopping mall in Chile, Mallplaza Vespucio, in La Florida.
  • 1993: Falabella entered Argentina and Sodimac entered Colombia.
  • 1995: Falabella entered Peru by acquiring Saga.
  • 1996: S.A.C.I. Falabella goes public and its shares begin to trade on the Santiago Stock Exchange.
  • 1997: Viajes Falabella and Seguros Falabella created.
  • 1997: S.A.C.I. Falabella formed a partnership with Home Depot in Chile, and acquired it four years later.
  • 1998: Banco Falabella was formed, by acquiring a license from ING Bank Chile.
  • 1999: Falabella.com launched internet sales in Chile.
  • 2002: S.A.C.I. Falabella opened the first Tottus supermarket in Lima, Peru.
  • 2003: S.A.C.I. Falabella and Sodimac merged, launching the first regional home improvement chain in Latin America.
  • 2004: S.A.C.I. Falabella acquired the San Francisco supermarket chain in Chile.
  • 2006: Falabella Retail entered Colombia with its first department store in Bogotá.
  • 2007: Banco Falabella was launched in Peru.
  • 2007: Aventura Plaza was launched in Peru.
  • 2007: Sodimac acquired 60% of the Imperial home improvement chain in Chile.
  • 2008-09: CMR formed a partnership with Visa in Peru and Chile. Then formed a partnership with MasterCard in Argentina and Colombia in 2011.
  • 2009: Homy was launched in Chile.
  • 2011: Banco Falabella was launched in Colombia.
  • 2012: Mallplaza opened its first shopping mall in Colombia.
  • 2013: S.A.C.I. Falabella entered Brazil by acquiring 50.1% of the Dicico home improvement chain.
  • 2013: Móvil Falabella was launched in Chile.
  • 2014: Sodimac acquired the Maestro home improvement chain in Peru.
  • 2014: Hiperbodega Precio Uno was launched in Peru
  • 2015: Sodimac entered Uruguay by opening its first two stores.
  • 2015: S.A.C.I. Falabella opened its first two Sodimac stores in Brazil.
  • 2016: S.A.C.I. Falabella was admitted into the Dow Jones Sustainability World Index.
  • 2016: Separation of Aventura Plaza S.A. in Peru. S.A.C.I.
  • 2016: S.A.C.I. Falabella and Soriana signed final contracts to jointly develop Home Improvement (Sodimac) and Financial Services (CMR) businesses in Mexico.
  • 2017: 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.[5]
  • 2018: in Peru the name "Saga Falabella" was deleted and the denomination changes simply to "Falabella" just like in the other countries.
  • 2021: Falabella left Argentina.

References

[edit]
  1. ^ Información Corporativa - Corporate Information fallabella.com, retrieved 8 February 2019 (Spanish)
  2. ^ "Falabella". www.iads.org. Retrieved 20 June 2021.
  3. ^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 20 June 2021.
  4. ^ Annual Report 2017 fallabella.com, retrieved 8 February 2019 (Spanish)
  5. ^ Annual Report 2017 fallabella.com, retrieved 8 February 2019 (Spanish)
Retrieved from "https://en.wikipedia.org/w/index.php?title=S.A.C.I._Falabella&oldid=1257725367"