And the winner is… Oracle selects technology executive at Chile’s top department store chain for ultimate honor.
The average American has never heard of the Falabella chain of department stores, but the company dominates its home market of Chile and is regarded as a leader in the use of technology. So much so that when Oracle held its annual Retail Excellence Awards recently, it named Falabella’s VP technology and development, Julius Odian, as its Retailer Executive of the Year.
The award recognizes the retail executive who most effectively uses Oracle Retail Solutions to transform key business processes that enable the company’s overall growth strategy in the areas of planning, merchandising, store, e-commerce, supply chain, or other lines of business.
In addition to Odian, Oracle recognized 47 award nominees across five different categories, and recognized the winners in each category for their excellence in solving the most complex challenges in the retail industry.
Falabella opened its first department store in 1958 and today operates 40 upscale department stores throughout Chile and an additional 39 Falabella stores in Peru, Argentina and Colombia. The department stores are part of the S.A.C.I. Falabella conglomerate which also owns Mall Plaza shopping centers, Sodimac home improvement centers, Tottus supermarkets and Banco de Falabella.