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GPA (company)

GPA (company)

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]

Companhia Brasileira de Distribuição
Trade name
GPA
Type
Public
Traded as
IndustryRetail
Founded1948 (1948)
FounderValentim Diniz
Headquarters
São Paulo, SP
,
Brazil
Number of locations
2,089
Key people
  • Jean-Charles Naouri (Chairman)
  • Ronaldo Iabrudi (CEO)
Brands
  • Assaí
  • Extra
  • Pão de Açúcar
RevenueIncreaseUS$ 13.8 billion (2018)
Net income
IncreaseUS$ 334.8 million (2018)
Number of employees
91,000 (2016)
ParentGroupe Casino
Subsidiaries
  • Assaí Atacadista
  • GPA Malls
  • Multivarejo
Websitegpabr.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

References

[1]
Citation Linkwww.gpari.com.br"Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
Sep 26, 2019, 2:48 AM
[2]
Citation Linkwww.bmfbovespa.com.br"CIA BRASILEIRA DE DISTRIBUICAO", BM&FBOVESPA. 14 March 2017. Retrieved 14 March 2017.
Sep 26, 2019, 2:48 AM
[3]
Citation Linkwww.gpari.com.br"Fourth Quarter and Full Year 2016 Results", Grupo Pão de Açúcar. Retrieved 7 March 2017.
Sep 26, 2019, 2:48 AM
[4]
Citation Linkrigpa.grupopaodeacucar.com.br"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"
Sep 26, 2019, 2:48 AM
[5]
Citation Linkwww.nasdaq.comZacks.com (24 July 2013). "CBD's 2Q Earnings Fall Y/Y". NASDAQ (New York). Retrieved 24 July 2013.
Sep 26, 2019, 2:48 AM
[6]
Citation Linkwww.wsj.comCowley, 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.
Sep 26, 2019, 2:48 AM
[7]
Citation Linkwww.gpari.com.br"Our Stores". GPA. Retrieved 16 August 2016.
Sep 26, 2019, 2:48 AM
[8]
Citation Linkwww.gpari.com.br"Ownership Structure", GPA. Retrieved on 7 March 2017.
Sep 26, 2019, 2:48 AM
[9]
Citation Linkwww.bmfbovespa.com.brPCAR3
Sep 26, 2019, 2:48 AM
[10]
Citation Linkwww.bmfbovespa.com.brPCAR4
Sep 26, 2019, 2:48 AM
[11]
Citation Linkwww.nyse.comCBD
Sep 26, 2019, 2:48 AM
[12]
Citation Linkwww.gpabr.comOfficial website
Sep 26, 2019, 2:48 AM
[13]
Citation Linkwww.linkedin.comGPA
Sep 26, 2019, 2:48 AM
[14]
Citation Linkwww.bmfbovespa.com.brPCAR3
Sep 26, 2019, 2:48 AM
[15]
Citation Linkwww.bmfbovespa.com.brPCAR4
Sep 26, 2019, 2:48 AM
[16]
Citation Linkwww.nyse.comCBD
Sep 26, 2019, 2:48 AM
[17]
Citation Linkgpabr.comgpabr.com
Sep 26, 2019, 2:48 AM
[18]
Citation Linkwww.gpari.com.br"Board of Directors and Board of Executive Officers"
Sep 26, 2019, 2:48 AM
[19]
Citation Linkwww.bmfbovespa.com.br"CIA BRASILEIRA DE DISTRIBUICAO"
Sep 26, 2019, 2:48 AM
[20]
Citation Linkwww.gpari.com.br"Fourth Quarter and Full Year 2016 Results"
Sep 26, 2019, 2:48 AM