GPA (company)
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GPA | |
Type | Public |
Industry | Retail |
Founded | 1948 |
Founder | Valentim Diniz |
Headquarters | , |
Number of locations | 2,089 |
Key people |
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Brands |
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Revenue | ![]() |
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Number of employees | 91,000 (2016) |
Parent | Groupe Casino |
Subsidiaries | Grupo Éxito
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Website | gpabr |
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]
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 Casino - 41.2%
- Board of Executive Officers and Board of Directors - 0.01%
- Treasury stock - 0.1%
- Free float - 58.3%
See also[]
- Brazilian Development Bank
References[]
- ^ "Board of Directors and Board of Executive Officers", GPA. Retrieved on 17 September 2013.
- ^ "CIA BRASILEIRA DE DISTRIBUICAO", B3. 29 April 2021. Retrieved 29 April 2021.
- ^ "Fourth Quarter and Full Year 2016 Results", Grupo Pão de Açúcar. Retrieved 7 March 2017.
- ^ "Contact IR." Grupo Pão de Açúcar. Retrieved on 2 July 2011. "Av. Brigadeiro Luís Antônio, 3142 Jardim Paulista ZIP Code 01402-901 São Paulo SP Brazil"
- ^ Zacks.com (24 July 2013). "CBD's 2Q Earnings Fall Y/Y". NASDAQ (New York). Retrieved 24 July 2013.
- ^ 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.
- ^ "Our Stores". GPA. Retrieved 16 August 2016.
- ^ "Ownership Structure", GPA. Retrieved on 26 September 2020.
External links[]
- Official website
(in Portuguese)
- GPA on LinkedIn
- GPA (company)
- Retail companies of Brazil
- Companies based in São Paulo
- Brazilian brands
- Companies listed on B3 (stock exchange)
- Companies listed on the New York Stock Exchange
- Retail companies established in 1948
- 1948 establishments in Brazil