GPA (company)

Companhia Brasileira de Distribuição
Sociedade Anônima
Traded as BM&F Bovespa: PCAR3, PCAR4
NYSE: CBD
Industry Retail
Founded 1948
Headquarters São Paulo, Brazil
Number of locations
 2,126
Area served
 Brazil
Key people
 Jean-Charles Naouri, (President)
Ronaldo Iabrudi, (CEO)[1]
Revenue Increase R$ 76.933 billion (2015)[2]
Profit Decrease R$ (314) million (2015)[2]
Number of employees
 139,000 (2016)[3]
Parent Groupe Casino
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 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.[5]

In September 2013, Abílio Diniz, the son of the company's founder, has stepped down as chairman of the company.[6]

Business units

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

Ownership structure

Currently, GPA is owned by:[8]

See also

References

  1. ↑ "Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
  2. 1 2 "Fourth Quarter and Full Year 2015 Results", Grupo Pão de Açúcar. Retrieved 11 August 2016.
  3. ↑ "Second Quarter 2016 Results". Grupo Pão de Açúcar. Retrieved 11 August 2016.
  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 11 August 2016.
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