Magazine Luiza

Magazine Luiza S.A.
Sociedade Anônima
Traded as B3:MGLU3
Ibovespa Component
Industry Retail
Founded 1957
Headquarters Franca, São Paulo, Brazil
Number of locations
 880
Key people
 Frederico Trajano
(CEO)
Luiza Helena Trajano
(Chairwoman)
Products Furniture, Electronics, Cosmetics, Clothes
Revenue Increase US$ 3.5 billion (2017)
Increase US$ 118. 0 million (2017)
Number of employees
 26,370
Website www.magazineluiza.com.br

Magazine Luiza is one of the largest Brazilian retail companies together with GPA, Viavarejo, Lojas Americanas and others. The company was founded in 1957 in Franca. The company is owned by Brazilian billionaire Luiza Trajano and family.[1]

Currently the company has more than 880 and 9 distribution centers. The company offers 10 thousand items in their stores and over 50 thousand items through their websites for electronic commerce. The company is also one of the largest e-commerce companies of Brazil, competing with B2W and Via Varejo.

References

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