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Falabella is a department store retailer founded by Salvatore Falabella in Santiago, Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
. In its original form, it was a tailor shop but today has become one of the largest retailers in Latin America. Falabella department stores can be found in Argentina
Argentina

Argentina, officially the Argentine Republic , is a country in South America, constituted as a federation of 23 provinces and an autonomous city....
, Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
, Colombia
Colombia

Colombia , officially the Republic of Colombia , is a country in north-western South America. Colombia is bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the north west by Panama; and to the west by the Pacific Ocean....
 and Peru
Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
. Falabella Department stores sell a wide variety of merchandise including apparel, home furnishings, electronics and sporting goods. Falabella is a multi-channel retailer selling by web, phone, catalog, and television.

In addition to the department stores, S.A.C.I.






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Falabella is a department store retailer founded by Salvatore Falabella in Santiago, Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
. In its original form, it was a tailor shop but today has become one of the largest retailers in Latin America. Falabella department stores can be found in Argentina
Argentina

Argentina, officially the Argentine Republic , is a country in South America, constituted as a federation of 23 provinces and an autonomous city....
, Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
, Colombia
Colombia

Colombia , officially the Republic of Colombia , is a country in north-western South America. Colombia is bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the north west by Panama; and to the west by the Pacific Ocean....
 and Peru
Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
. Falabella Department stores sell a wide variety of merchandise including apparel, home furnishings, electronics and sporting goods. Falabella is a multi-channel retailer selling by web, phone, catalog, and television.

In addition to the department stores, S.A.C.I. Falabella, the holding company also owns and operates Sodimac Homecenter home improvement stores in Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
, Colombia
Colombia

Colombia , officially the Republic of Colombia , is a country in north-western South America. Colombia is bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the north west by Panama; and to the west by the Pacific Ocean....
 and Peru
Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
. Other substantial business units include the CMR credit card
Credit card

A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holders promise to pay for these goods and services....
, Hipermercados Tottus (Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
 and Peru
Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
), Supermercados San Francisco (Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
), Viajes Falabella, Falabella Pro, Banco Falabella and FalabellaTV (Chile
Chile

Chile, officially the Republic of Chile , is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean....
 and Peru
Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
).

On May 17 2007, Falabella signed a merger agreement with D&S
Distribución y Servicio

Distribuci?n y Servicio is a Chilean company that operates several businesses, including L?der hypermarkets and Ekono supermarkets....
 company that would convert the company into the second largest retailer in Latin America
Latin America

Latin America is a region of the Americas where Romance languages ? particularly Spanish language and Portuguese language, and variably French language ? are primarily spoken....
. But in 2008, the Chilean Superintendence of Values and Insurance (Superintendencia de Valores y Seguros in Spanish
Spanish language

Spanish or Castilian is a Romance languages that originated in northern Spain, and gradually spread in the Kingdom of Castile and evolved into the principal language of government and trade....
) rejected the merger due to presumed monopoly.

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