Where is the closest Fallas?

Fallas is a family-owned chain of stores that sells merchandise of high quality and affordable price. It is a subsidiary of National Stores Inc., a family business that Joseph Fallas founded in 1962. The headquarters of Fallas is based in Los Angeles, California, from where the company happens to run around 350 stores in various US states and Puerto Rico. The company has 9,800 employees and offers branded and private-label household items and clothing & shoes for men, women, and children.

Fallas Company History

Joseph Fallas started the parent company of Fallas, National Stores Inc. as Fallas Parades in 1962 in a downtown store in Los Angeles.FallasIt bought Factory 2-U Stores Inc. after it filed for bankruptcy. One year later, Fallas also acquired Conway Stores, followed by the takeover of Anna's Linens. There was a requirement that some of the stores would still be operating under Anna’s Linens brand.

In order to get a more centralized location, Fallas Stores signed a 10-year lease in 2016 worth $26 million. With this, the company relocated its distribution center to Perris, California, from its previous location Otay Mesa.

Fallas is running three subsidiaries such as FP Stores, Factory 2-U, and J&M Sales Inc. All of the subsidiaries can be found in more than 200 locations that are spread across different US states of Florida, New Mexico, Nevada, Arizona, Illinois, and Texas. The stores are conveniently located downtown, specialty centers, and power strips and serve the small communities.

Mission and vision

The logo of Fellas Company is 'First Place to Shop! First Place to Save!' The company's primary goal is to offer affordable and high-quality goods to its customers. This is helpful for the communities to shop the items while also sticking to their budgets. Therefore, the company aims at providing customer satisfaction and fulfill their expectations.

The brand aims to grow the business and help people explore career opportunities. The company prides itself on strong work ethics, a passion for exceeding the customer's expectations, and dedicated workforce. Fallas considers its employees to be the cornerstone of its success, while its high-energy and exciting business continues to offer great growth potential.

Summary

Fallas Company is a subsidiary of National Stores Inc. that retails apparel for men, women, girls, boys, and toddlers. It is also popular for providing high-quality household items, shoes, and lingerie. Because of the high approval rating, Fallas has been able to stand up to the competition and has raised a total of $20 million in funding.

FAQs

What is the current number of Fallas Stores?

At present, Fellas has more than 300 stores and nearly 10,000 employees in 22 US states, including Florida, Arizona, Texas, and Puerto Rico. 

How much revenue is generated by the Fallas Company?

The primary investor of Fallas Company is Second Avenue Capital Partners, and Fallas has been able to generate around $250 million in revenue.

Who are the competitors of Fallas Stores?

Fallas was founded in 1962 by Joseph Fallas, and the store has been able to survive and expand since then. The top competitors of Fallas Stores are Big Lots, Five Below, and Ross Stores.

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