What is Falabella? Falabella Review

introduce

Falabell is currently the most important department store in South America, with more than 65,000 employees and operations in Chile, Argentina, Peru and Colombia.

Falabella Shopping Advantages

1. Wide variety of products

Falabella.com has a wide product category with a wide variety of models, prices and brands.

2. Convenient prices and promotions

Permanently monitor offers in the retail market to maintain convenient prices and outstanding promotions.

3. On-time delivery

The diversity of its delivery options and high standards in terms of product delivery dates are available nationwide.

4. Safety during purchase

Falabella.com uses the SSL (Secure Sockets Layer) system, one of the strictest data protection standards in the world, to guarantee the security of its customers' transactions. See the security policy. amz123

5. All the information you need before purchasing

Since a smart purchase is a wise purchase, Falabella.com helps you choose the product you want through various buying guides and information pages, complete with useful tips.

Seller onboarding process

1. Register a company account on the seller link platform.

2. In the product module of the seller link, create products to sell and manage prices and inventory.

3. Manage product sales through seller links.

Seller Services

1. Manage through seller links

2. Brand positioning

3. Falabella issues ballot papers

4. Customer service and after-sales

Development History

The origins of Falabella date back to 1889, when Salvatore Falabella opened the first large tailor shop in Chile. Later, with the participation of Alberto Solari, the store was further strengthened by introducing new products related to clothing and home, transforming itself into a department store and expanding its coverage through new points of sale.

In the 1960s, Falabella began a phase of expansion in Santiago de Chile and other parts of the southern part of the country.

In the 90s, Falabella begins its internationalization process, expanding its operations to Argentina and then Peru. Likewise, it continues to expand its service portfolio with the creation of Viajes y Seguros Falabella.

In 2003, the group merged with Sodimac SA, which a few years later entered important markets such as Colombia.

In March 2016, Chilean department store Falabella released its 2015 financial report, showing that the company's full-year net profit increased by 12% to US$73.2 million; earnings before interest and taxes increased by 9.8% to US$1.6 billion; and thanks to good sales performance, the company's full-year revenue increased by 10.4% to US$11.8 billion.

On August 1, 2018, Linio was acquired by Latin American retailer Falabella.

References

• 1. Chile's Falabella department store revenue reached US$11.8 billion in 2015: Yien [cited on 2016-03-03T16:00:00.000Z]