During this expansion the company went public and entered the Chilean capital region, Peru, and Paraguay under the subsidiary Supermercados Stock.
During September of said year Santa Isabel acquired ten Marmentini Letelier stores in the Metropolitana Region and San Antonio areas.
Towards the end of the 1990s the company operated 63 branches in Chile under the Santa Isabel name, and also Hipermercados Stock in Peru and Ecuador.
Santa Isabel locations were used to complement and not compete with the corporation's existing Jumbo Hypermarkets as neighborhood markets.
Later the company bought out Las Brisas, Extra and Monte Carlo supermarkets in 2004 rebranding them Santa Isabels.