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Casa & Video

From Wikipedia, the free encyclopedia
Casa & Vídeo
Company typePrivate
IndustryRetail
FoundedRio de Janeiro (1988 (1988))[1]
Headquarters
Rio de Janeiro
,
Number of locations
79 stores (2014)[2]
Number of employees
3500 (2010)[3]
Websitecasaevideo.com.br

Casa & Vídeo (also written CASA&VIDEO) is a department store chain, founded in Rio de Janeiro in 1988.[1] Currently, the company has 79 stores in 28 municipalities of the state of Rio de Janeiro.[2]

The business begun in 1988, when a store was opened in the 5th floor of a building in Copacabana, selling television mounts and, soon later, ceiling fans.[1] The name of the store came from these products they used to sell: CASA ("Home", in Portuguese), from the utility of the fans, and VIDEO, from the TV mounts.[1][4]

In 2008, when it had 70 stores, became involved in a financial crisis after the arrest of executives and seizure of goods by Federal Police. The chain then had its assets and liabilities disposed judicially.[5]

The chain resumed operations in 2009, as part of a judicial reorganization plan.[3][5] Lojas Americanas negotiated the purchase of Casa & Video,[3] but the deal did not happen.

References

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  1. ^ a b c d "CASA & VIDEO - Nossa História" [CASA & VIDEO - Our History]. CASA & VIDEO (in Portuguese). Archived from the original on 24 February 2001. Retrieved 18 May 2014.
  2. ^ a b "Sobre Nós" [About Us]. CASA&VIDEO (in Portuguese). Retrieved 17 May 2014.
  3. ^ a b c "Lojas Americanas mantêm conversas preliminares com Casa & Vídeo" [Lojas Americanas hold preliminary talks with Casa & Video]. Folha.com (in Portuguese). 3 June 2010. Retrieved 18 May 2014.
  4. ^ "Sobre Nos" (in Brazilian Portuguese). 2023-09-08. Retrieved 2023-11-28.
  5. ^ a b "Casa & Vídeo registra prejuízo de R$ 28,1 mi em 2010" [Casa & Video registers loss of R$ 28.1 million in 2010]. Estadao.com.br (in Portuguese). 7 September 2011. Archived from the original on 18 May 2014. Retrieved 17 May 2014.
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