Falabella S.A.

Falabella S.A. is a Chilean multinational retail company headquartered in Santiago and the second largest retailer in Chile after Cencosud, and one of the largest in Latin America. It was founded in 1889 when Salvatore Falabella opened his first tailoring store on Ahumada Street in Santiago. As of 2017 the company reported revenue of 14.6 billion US dollars and 113,378 employees across 491 stores and 42 shopping malls, organized into three main retail divisions: department stores under the Falabella brand, home improvement centers under Sodimac, and supermarkets under Tottus, with additional financial services through Banco Falabella and shopping centers under the Mall Plaza brand across Peru, Colombia and Argentina.