Tottus

A Tottus location in Puente Alto, Chile.

Tottus is a chain of Chilean supermarkets that competes with Líder, Jumbo, and Santa Isabel supermarkets.[1]

History

The company was established in Peru in 2002, and was acquired by Chilean retailer Falabella in 2004. The company has twenty-six locations with over a dozen in the Santiago Metropolitan Area and others throughout the remainder of the country, as well as in Peru.[1] Tottus has announced plans to further expand within Peru, and into Colombia and Argentina, with as many as forty new locations in 2011.[1] The company follows the hypermarket model and currently has 6.5% of market share in Chile.[1] The company's goal is to reach ten percent in 2011.[1] The company competes with Líder supermarkets.

Notes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 Retail Chile Falabella To Open 40 Stores Regionally In 2011 - Report, by Anthony Esposito, Dow Jones News, November 12, 2010

External links

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