Saga Falabella
SAGA Falabella is a department store
Department store
A department store is a retail establishment which satisfies a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice of multiple merchandise lines, at variable price points, in all product categories...

 chain in Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

, formed in 1996 through the acquisition by the Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...

an Falabella
Falabella is a Chilean department store retailer owned by the Falabella company-Locations and products:Falabella department stores can be found in Argentina, Chile, Colombia and Peru. Falabella Department stores sell a wide variety of merchandise including apparel, home furnishings, electronics and...

 chain of the former SAGA (Sociedad Andina de los Grandes Almacenes, S. A.) chain.

SAGA was formed in 1953 under the name Sears Roebuck del Perú S. A. In 1988 it was renamed to the SAGA initials, as Sears began abandoning its South American operations. The legal name became Saga Falabella in 1996; the new Chilean owners decided to keep the SAGA name to better establish themselves in the Peruvian market.

External links

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