Gala-Sears (Grandes ALmacenes de América-Sears) was the subsidiary of Sears Roebuck in Chile, which formally began operations on April 2, 1982, the day after the opening of Mall Parque Arauco.
was constituted, formed by "Sociedad Comercial Fontana Limitada" (linked to the businessman Manuel Ibáñez Ojeda, owner of the supermarket chain Almac and later founder of Distribución & Servicio),[6] "Compañía de Inversiones Golfo Pérsico S.A.", and Jaime Francos Ringer (who subsequently would form the company "Importadora y Comercializadora Francos Limitada").
[10] Among the novelties presented by Gala-Sears at the time of its opening in Parque Arauco was the distribution of its sections inside the store, generating a hexagonal arrangement that contained the storage spaces in the 4 corners generated by said form within the enclosure built in order to favor a quick replacement of the products;[11] it also introduced the mail order catalog through the possibility that customers acquired the US catalog of Sears to make their purchases at home,[12] and presented one of the first department store credit cards in Chile.
[14] The store —from May 1983 called simply "Gala", after Sears decided to withdraw from the commercial society— closed its doors definitively on September 16, 1983 because it went bankrupt and did not capture the taste and custom of the Chilean consumer in those years;[15][16] also, the company was in retreat from the Latin American market.
[17] In October of that year Gala disappeared from the retail scene and replaced by Falabella, which acquired the department store chain as a strategy to reach upper-class.