Internationalization: exporting the business model

Falabella begins its internationalization process, exporting its business model and working with good partners in each country. Falabella opens its first store in Mendoza, Argentina, and enters Colombia with Sodimac.

Falabella enters Peru with the acquisition of Saga, a Company that had two department stores in Lima. Today, the department stores are known as SagaFalabella.

 

 

Sodimac Peru is launched, thus consolidating the presence of the Group in Peru, with all business units operational there.

By launching Falabella department stores and CMR in Colombia, the Group extends its presence in the country.

 

Falabella enters Brazil with the acquisition of Dicico, a home improvement chain. The Company also announces the construction of two Homecenter stores in Montevideo, Uruguay, adding a new Latin American market in 2015.