S.A.C.I. Falabella

Description

History

• 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 and Financial Services 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.
• 2018: in Peru the name "Saga Falabella" was deleted and the denomination changes simply to "Falabella" just like in the other countries.