GPA (company)
GPA (company)
Trade name | GPA |
---|---|
Type | Public |
Traded as | |
Industry | Retail |
Founded | 1948 (1948) |
Founder | Valentim Diniz |
Headquarters | São Paulo, SP ,Brazil |
Number of locations | 2,089 |
Key people |
|
Brands |
|
Revenue | US$ 13.8 billion (2018) |
Net income | US$ 334.8 million (2018) |
Number of employees | 91,000 (2016) |
Parent | Groupe Casino |
Subsidiaries |
|
Website | gpabr.com [17] |
Footnotes / references [1][2][3] |
Companhia Brasileira de Distribuição, doing business as GPA (formerly 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 owned by the French conglomerate retail group Casino. 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]
Trade name | GPA |
---|---|
Type | Public |
Traded as | |
Industry | Retail |
Founded | 1948 (1948) |
Founder | Valentim Diniz |
Headquarters | São Paulo, SP ,Brazil |
Number of locations | 2,089 |
Key people |
|
Brands |
|
Revenue | US$ 13.8 billion (2018) |
Net income | US$ 334.8 million (2018) |
Number of employees | 91,000 (2016) |
Parent | Groupe Casino |
Subsidiaries |
|
Website | gpabr.com [17] |
Footnotes / references [1][2][3] |
Business units
GPA operates through different store concepts (and different banner logos):[7]
Pão de Açúcar
Extra
Assaí
Ownership structure
Currently, GPA is owned by:[8]
Grupo Éxito - 18.7%
Grupo Casino - 22.8%
Board of Executive Officers and Board of Directors - 0.01%
Treasury stock - 0.1%
Free float - 58.3%
See also
Brazilian Development Bank