Walmart Chile

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Logo of Walmart Chile.

Walmart Chile, previously named Distribución y Servicio (D&S), is a Chilean company that operates several supermarkets, including Líder, Express de Lider, Ekono, SuperBodega aCuenta and Central Mayorista.

Since 2009, the main controller is Wal-Mart Stores, Inc., which own 99.93% of stocks as of March 2014.[1]

History[edit]

In December 2008, Walmart Stores reached an agreement with the controlling group to acquire a majority stake (75%) in the company, which was then known as D&S. In January 2009, the operation took place, and after a series of public offerings to acquire stocks, Walmart owned 99.93% of the company as of March 2014.[2] The company opened its first supermarket on April 27, 1957, under the Almac banner.[3] This is considered the first supermarket in Chile and South America. Later, the company added other banners to diversify its value proposition: Ekono (1984), Lider (1995), Super Bodega aCuenta (2007), Express de Lider (2007), and Central Mayorista (2013).[4]

The company changed its name from D&S to Walmart Chile on November 22, 2010.[5]

References[edit]

  1. ^ Company financial results
  2. ^ [1] Company financial results ]
  3. ^ El Mercurio (Santiago), 23 de septiembre de 2003, p.B5
  4. ^ [2] History of Walmart Chile ]
  5. ^ Essential fact published by the company, available at http://www.svs.cl/documentos/hes/hes_2010110147408.pdf}]

External links[edit]