GPA (company)

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Companhia Brasileira de Distribuição
Sociedade Anônima
Traded as BM&F BovespaPCAR3, PCAR4
NYSECBD
Industry Retail
Founded 1948
Headquarters São Paulo, Brazil
Number of locations
2,089
Area served
Brazil
Key people
Jean-Charles Naouri, (President)
Ronaldo Iabrudi (CEO)[1]
Revenue Increase R$ 41.454 billion (2016)[2]
Profit Decrease R$ (1.077) billion (2016)[2]
Number of employees
91,000 (2016)[3]
Parent Grupo Éxito
Subsidiaries Via Varejo
Website www.gpabr.com

Companhia Brasileira de Distribuição trading as CBD (formerly known 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. 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[edit]

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

  • Pão de Açúcar
  • Extra
  • Assaí
  • Casas Bahia
  • Ponto Frio
  • Barateiro.com
  • Partiu Viagens
  • GPA Malls and Properties

Ownership structure[edit]

Currently, GPA is owned by:[8]

See also[edit]

References[edit]

  1. ^ "Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
  2. ^ a b "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.

External links[edit]