Falabella is a Chilean retail firm with a presence throughout the Americas. Falabella was founded in 1889 as a tailor and has since expanded into several fields, including retail, home improvement, supermarkets, furniture and finance. Their presence in a variety of industries has made them a member of the Forbes Global 2000 at number 695.
One critical aspect of Falabella’s success that is setting it apart from competition is their digital market presence. Their online retail presence has them leading the market segment of their field in Latin America. Their online strength positions them well for the future of their industry.
Falabella currently employs over 110,000 people in several regions. As of 2019, their yearly revenue is pegged at US$14.4 billion. In 2017, Falabella made an aggressive move by entering the Mexican credit market with the joint Falabella-Soriana credit card.
- Family name: Solari family
- Sector: Consumer Products & Retail
- Founded: 1889
- Country: Chile
- Company headquarters: Santiago, Chile
- Managers:
- Revenue: 11.8
- Employees: 97,304
- Website: investors.falabella.com
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