Who Is One Of The Most Consolidated Companies In Latin America

Global companies that are able to maintain successful in their homeland and in the rest of the country have been able to surpass a numerous amount of challenges. For this reason, I have researched into the company Falabella and their development of becoming “one of the largest and most consolidated companies in Latin America” (Our Company). Their mission statement consists of “creat[ing] an innovative offer of good quality products and services, with convenient prices and tailor made solutions for every market where we are, for the people and their homes, in each part of their life cycles, being leaders with a sustainable development” (Farabella Investors). The values they have emphasized in their management style of assuring a good relationship with their employees, suppliers and investors.

As a whole since September of 2015, they operate 99 department store, 244 home improvement stores and a large amount of supermarkets, mall plaza and shopping center places. Fallabella recently opened 7 new store in regions that will benefit their sales. With their expansion, they have located their consolidated trade office in India and since have increased their automation in the distribution center located in Chile (Department Stores). They also have over 106 thousand employees and have a list of senior management in their team. For example, their chief executive officer is Sandro Solari and is a civil engineer while their chief legal officer and corporate governance is a lawyer called Gonzalo Smith Ferrer. As of April 18 of 2017, Farabella’s stock price is at $26.2 price per earnings according to the Morningstar website. They have had a revenue growth in a 3 year average of 12.2 of stock. Currently their day change has increased 0.03%, where this emphasizes that overall this company is doing okay and had declared dividends earlier this year in March with a yield of