Then in 1958, Falabella was transformed into a department store, and few years later, a new store was opened in Argentina. Soon, the company was expanding into other cities and locations. Today, the company has become a Latin powerhouse with more than 80,000 employees in Chile, Peru, Argentina, and Columbia. Holding a degree in commerce and engineering sciences from Pontificia Universidad Catolica de Chile, Juan Cuneo Solari serves as the Chairman of Fillabella, and shares the stakes with his daughters Giorgianna Cuneo Queirolo and Paola Cuneo Queirelo.