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  September 5, 2001
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Home > Company Index > Retail > Department Stores > S.A.C.I. Falabella

S.A.C.I. Falabella
 PROFILE
S.A.C.I. Falabella is spreading its wings after more than 100 years in business. The largest retailer in Chile, with a commanding 40% market share, Falabella operates about 30 department stores in its home market and has a handful of stores in both Argentina and, under the Saga name, Peru. To counter a slow Chilean economy, Falabella is expanding into new areas. Falabella owns a 20% stake in the Farmacias Ahumada chain of drugstores in Argentina and Chile, develops shopping centers, offers consumer credit through Banco Falabella, and manufactures sheets and towels through its Textil Vina unit. Through its 33% stake in a joint venture with Home Depot, Falabella has also launched several Home Depot stores in Chile.

 COMPETITION
Carrefour SA (CA)
Distribucion y Servicio D&S S.A. (DYS)
Santa Isabel S.A. (ISA)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 654.50
1-Yr. Sales Growth: (3.2)%

 KEY PEOPLE
• Pablo Turner
    CEO
• Jaime Durruty Ortuzar
    CFO

 CONTACT INFO
Rosas 1665
Santiago, Chile
Phone: 56-2 3-2000
Fax: 56-2 3-2077
Online: Web Site

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