Falabella: annual revenue 2015-2023
An overview of S.A.C.I. Falabella
Headquartered in the Chilean capital of Santiago, S.A.C.I. Falabella operates a diverse range of businesses ranging from retail to financial services and real estate, with a significant footprint in Latin America. The company’s portfolio includes home improvement business Sodimac, supermarket chain Tottus, and its eponymous Falabella department store chain, which is the largest department store in the region. The company also reached a franchise agreement with IKEA in 2018, which kick-started the introduction of the Swedish furniture retailer’s presence in Latin America.In 2022, Falabella recorded a net profit of approximately 90 billion Chilean pesos and had over 91,000 people under its employment. The majority of these employees were part of the company’s home improvement sector, which employed over 23,400 people that year, while operating a total of 259 Sodimac home improvement stores across Latin America. The largest share of stores was located in Chile, with Peru and Brazil following in second and third place, respectively.