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Falabella is a multinational chain of department stores owned by Chilean multinational company S.A.C.I. Falabella. It is the largest South American department store , [ 6 ] and a member of the International Association of department stores (since 2006).
Falabella – largest and oldest department store in Chile; La Polar; Ripley; Abcdin; Defunct: J. C. Penney – two stores in Santiago area (one in Alto Las Condes as a full-store, one in Parque Arauco as an only-furniture store); closed because of poor sales in 1999; converted to Almacenes París and Casa&Ideas stores.
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.
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