Type Sociedade Anônima Headquarters São Paulo, Brazil Founded 2010 Number of locations 1,100 | Industry Retail Products Furniture, Electronics Revenue 5 billion USD (2012) | |
 | ||
Key people Richard Saunders, (CEO)
Erivelto Gasques, (Chairman)
Martin Herrera, (Counsel) Net income - US$ 33.1 million (2012) | ||
A m quina de vendas online 3 0 funciona minha opini o sincera sobre o curso e o tiago bastos
Máquina de Vendas is the fourth largest Brazilian retail company, after GPA, Viavarejo and Lojas Americanas. The company was founded in 2010 through the merges of two retail companies, being the Belo Horizonte-based Ricardo Eletro and Salvador-based Insinuante.
Contents
- A m quina de vendas online 3 0 funciona minha opini o sincera sobre o curso e o tiago bastos
- Operations
- Brands
- References
Currently the company has more than 1.100 stores in 442 cities in all Brazilian states. The company offers through its subsidiaries 4,5 thousand items in their stores and over 50 thousand items through their websites for electronic commerce. The company's control is divided equally between Ricardo Nunes, former owner of Ricardo Eletro and Luiz Carlos Batista, former owner of Insinuante. The company competitors includes Viavarejo a subsidiary of GPA, Magazine Luíza, Lojas Americanas and others.
Operations
The company has 10 distribution centers and 1.060 stores divided through its 6 brands: Ricardo Eletro, Insinuante, City Lar, Eletro Shopping, Salfer and MV Conect. Máquina de Vendas also operates as online retailer through the sales sites their brands.