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GPA (company)

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Companhia Brasileira de Distribuição
Company typeSociedade Anônima
B3: PCAR3, PCAR4
NYSE: CBD
IndustryRetail
Founded1948
Headquarters
São Paulo
,
Brazil
Number of locations
2,159
Area served
Brazil
Key people
Jean-Charles Naouri, (President)
Ronaldo Iabrudi, (CEO)[1]
RevenueIncrease R$ 72.804 billion (2014)[2]
Increase R$ 1.76 billion (2014)[2]
Number of employees
160,000 (2014)[2]
ParentGroupe Casino
SubsidiariesVia Varejo
Websitewww.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.[3]

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 Nova Pontocom, a subsidiary of its subsidiary Viavarejo.

For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions.[4]

In September 2013, Abílio Diniz, the son of the company's founder, has stepped down as chairman of the company.[5]

Business units

GPA operates through different store concepts (and different banner logos):[6]

  • Pão de Açúcar
  • Casas Bahia
  • Extra
  • Assaí Atacadista
  • Pontofrio
  • Partiu Viagens
  • E-hub
  • Cdiscount

Ownership structure

Currently, GPA is owned by:[7]

See also

References

  1. ^ "Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
  2. ^ a b c "4Q14 and 2014 Earnings Release", Grupo Pão de Açúcar. Retrieved 22 March 2015.
  3. ^ "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"
  4. ^ Zacks.com (24 July 2013). "CBD's 2Q Earnings Fall Y/Y". NASDAQ (New York). Retrieved 24 July 2013.
  5. ^ 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.
  6. ^ "Stores by State". GPA. Retrieved 14 July 2015.
  7. ^ "Ownership Structure", GPA. Retrieved on 14 July 2015.
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