The company was established in Peru in 2002, and was acquired by Chilean retailer Falabella in 2004. The company has twenty-six locations with over a dozen in the Santiago Metropolitan Area and others throughout the remainder of the country, as well as in Peru. Tottus has announced plans to further expand within Peru, and into Colombia and Argentina, with as many as forty new locations in 2011. The company follows the hypermarket model and currently has 6.5% of market share in Chile. The company's goal is to reach ten percent in 2011. The company competes with Líder supermarkets.