GPA (company)

Companhia Brasileira de Distribuição
GPA
Public
Traded as
Industry Retail
Founded 1948 (1948)
Founder Valentim Diniz
Headquarters São Paulo, SP, Brazil
Number of locations
 2,089
Key people
Brands
Revenue Increase US$ 13.4 billion (2017)
Increase US$ 186.0 million (2017)
Number of employees
 91,000 (2016)
Parent Groupe Casino
Subsidiaries
  • Assaí Atacadista
  • GPA Malls
  • Multivarejo
  • Via Varejo
Website gpabr.com
Footnotes / references
[1][2][3]

Companhia Brasileira de Distribuição, doing business as GPA (formerly 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 owned by the French conglomerate retail group Casino. Its headquarters are in São Paulo city.[4]

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.[5]

In September 2013, Abílio Diniz, the son of the company's founder, has stepped down as chairman of the company.[6]

Business units

GPA operates through different store concepts (and different banner logos):[7]

  • Pão de Açúcar
  • Extra
  • Assaí
  • Casas Bahia
  • Pontofrio

Ownership structure

Currently, GPA is owned by:[8]

See also

References

  1. ↑ "Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
  2. ↑ "CIA BRASILEIRA DE DISTRIBUICAO", BM&FBOVESPA. 14 March 2017. Retrieved 14 March 2017.
  3. ↑ "Fourth Quarter and Full Year 2016 Results", Grupo Pão de Açúcar. Retrieved 7 March 2017.
  4. ↑ "Contact IR." Grupo Pão de Açúcar. Retrieved on July 2, 2011. "Av. Brigadeiro Luís Antônio, 3142 Jardim Paulista ZIP Code 01402-901 São Paulo SP Brazil"
  5. ↑ Zacks.com (24 July 2013). "CBD's 2Q Earnings Fall Y/Y". NASDAQ (New York). Retrieved 24 July 2013.
  6. ↑ Cowley, Matthew & Winterstein, Paulo (6 September 2013). "Brazil Businessman Diniz to Step Down as Pão de Açucar Chairman". The Wall Street Journal. Retrieved 17 September 2013.
  7. ↑ "Our Stores". GPA. Retrieved 16 August 2016.
  8. ↑ "Ownership Structure", GPA. Retrieved on 7 March 2017.
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