Trisha Shetty (Editor)

GPA (company)

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Type
  
Sociedade Anônima

Founded
  
1948

Area served
  
Brazil

Parent organization
  
Groupe Casino

Industry
  
Retail

Number of locations
  
2,089

Founder
  
Valentim Diniz

GPA (company) conteudoimguolcombrcnoticias20130913nova

Traded as
  
BM&F Bovespa: PCAR3, PCAR4 NYSE: CBD

CEO
  
Ronaldo Iabrudi (24 Apr 2014–)

Headquarters
  
São Paulo, São Paulo, Brazil

Stock price
  
PCAR4 (BVMF) R$ 55.20 0.00 (0.00%)8 Mar, 6:07 PM GMT-3 - Disclaimer

Profiles

Companhia Brasileira de Distribuição trading as CBD (formerly known as Grupo Pão de Açúcar) is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products from its supermarkets, hypermarkets and home appliance stores. Its headquarters are in São Paulo city.

Contents

The company is the second biggest retail company in Latin America by revenue and the second largest online retailer in Brazil. The company operates its e-commerce through Cnova Brasil , a subsidiary of its subsidiary Viavarejo.

For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions.

In September 2013, Abílio Diniz, the son of the company's founder, has stepped down as chairman of the company.

Business units

GPA operates through different store concepts (and different banner logos):

  • Pão de Açúcar
  • Extra
  • Assaí
  • Casas Bahia
  • Ponto Frio
  • Barateiro.com
  • Partiu Viagens
  • GPA Malls and Properties
  • Ownership structure

    Currently, GPA is owned by:

  • Grupo Éxito - 18.7%
  • Grupo Casino - 22.8%
  • Board of Executive Officers and Board of Directors - 0.01%
  • Treasury stock - 0.1%
  • Free float - 58.3%
  • References

    GPA (company) Wikipedia