Type Private Number of employees 40,000 CEO Flávio Rocha (May 2005–) Headquarters Natal | Industry Department store Website riachuelo.com.br Revenue 1.3 billion USD (2012) Parent organization Grupo Guararapes | |
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Key people Flávio Rocha (Chairman and CEO) Founded 1947, Natal, Rio Grande do Norte, Brazil Profiles | ||
Lojas Riachuelo (English: Riachuelo Stores) is a Brazilian department store company founded in 1947 in the city of Natal, Brazil. Currently, the company has 258 stores countrywide.
The company its headquartered in Natal, a central office in São Paulo and has 2 distribution centers, in Natal and Guarulhos (São Paulo).
In 1979, the company was purchased by the Grupo Guararapes, the largest textile group in Latin America which also controls the Natal shopping center Midway Mall and the financial company Midway Financeira.
The Riachuelo's major competitors are Marisa, Lojas Renner, Cia. Hering and C&A
The company owns and operates an Embraer Legacy 650 aircraft (as of August 2016).
References
Lojas Riachuelo Wikipedia(Text) CC BY-SA