Falabella SA engages in the retail and wholesale of clothing and accessories, construction and home improvement products, electronics, beauty, and food products. It operates through the following segments: Department Stores, Home Improvement, Supermarkets, Promoter CMR, Real Estate, Other Businesses and Eliminations, and Banking Business. The Department Stores segment operates under the Falabella brand, which retails clothing, accessories, and products for home, electronics, and beauty products. The Home Improvement segment operates under the Sodimac brand, which sells products for construction... Read More
Falabella SA engages in the retail and wholesale of clothing and accessories, construction and home improvement products, electronics, beauty, and food products. It operates through the following segments: Department Stores, Home Improvement, Supermarkets, Promoter CMR, Real Estate, Other Businesses and Eliminations, and Banking Business. The Department Stores segment operates under the Falabella brand, which retails clothing, accessories, and products for home, electronics, and beauty products. The Home Improvement segment operates under the Sodimac brand, which sells products for construction and home improvement. The Supermarkets segment comprises of hypermarkets and supermarkets operating under the Tottus brand, which offers food and non-food products. The Promoter CMR segment is involved in granting credit to people through the CMR credit card. The Real Estate segment is refers to the construction and leasing of commercial centers. The Other Businesses and Eliminations segment comprises of Linio, the industrial sector, Falabella Móvil, Viajes Falabella, Corredora of Seguros de Chile, and CF Seguros de Vida, and investments in Uruguay and Mexico. The Banking Business segment consists of all banking businesses in Chile and other foreign countries. The company was founded by Salvatore Falabella in 1889 and is headquartered in Santiago, Chile. Read Less
