Mall Plaza Mall Plaza malls operated in South America by Falabella .History There are 11 locations in Chile, 4 in Peru , and 1 in Colombia . They are large regional shopping malls anchored by multiple department stores and hypermarkets. This includes the parent company's Falabella department stores and Tottus hypermarkets. The company's mottos are "Hay vida en tu plaza Más vida a tu vida " - "More life to your life", and "Dale vida a tu plaza " - "Give life to your plaza. Falabella plans on opening 40 new locations within 2011 including expansion in Peru and into Colombia and Argentina. In September 2017 , Falabella launched its 45th store in the Mall Plaza.
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