Type Sociedade Anônima Founded 1948 | Number of locations 2,089 Founder Valentim Diniz | |
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Traded as BM&F Bovespa: PCAR3, PCAR4NYSE: CBD CEO Ronaldo Iabrudi (24 Apr 2014–) 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.
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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):
Ownership structure
Currently, GPA is owned by: