Cencosud
Department stores | |
| Revenue |  US$ 19.0 billion (2012) [1] |
|---|---|
 US$ 562.6 million (2012) | |
Number of employees | 126,530 |
| Website | www.cencosud.com |
Cencosud S.A. is a
Companhia Brasileira de Distribuição and the Mexican Walmart de México y Centroamérica
as one of the largest retail companies in the region. The company has more than 1045 stores in Latin America.
History
By the end of 2006, the operations of the company included 65
Paris department stores
; 27 shopping malls and 52 offices of Banco Paris bank, totaling a sales area of 1.8 million square meters, or 19,375,038.75 square feet. It has more than 4.3 million active credit card accounts, issued under the brand Tarjeta Cencosud (in Chile, Peru and Argentina), Tarjeta Cencosud Colpatria (Colombia) and Cartão Cencosud Bradesco (Brazil).
By the end of 2007, several new stores had been opened in Chile, Argentina and Peru, and the company acquired Wong supermarkets,[2] the largest retailer in Peru, and GBarbosa,[3] a Brazilian retailer.
In August 2011, Cencosud announced the acquisition of Johnson department stores.
In 2022, Cencosud acquired a majority controlling share in The Fresh Market, a chain of specialty grocery stores in the United States. At the time of the announcement, The Fresh Market operated 160 stores across 22 states. [4]
Brands
Cencosud operates upscale
Jumbo hypermarkets, Santa Isabel supermarkets, in Chile. Also operates Bretas supermarkets, G Barbosa super and hypermarkets, Prezunic supermarkets and Perini supermarkets in Brazil, Vea and Disco supermarkets in Argentina,[5] Wong and Metro in Peru and in 2012 acquired the Carrefour
hypermarket operations in Colombia, which changed branding to Jumbo.
References
- ^ businessweek.com[dead link]
- ^ Economía y Negocios (2007-12-17). "Asociación con Wong pavimenta ingreso de Cencosud a Perú".
- ^ Valor Futuro (2007-11-11). "GBarbosa, el nuevo brazo de Cencosud en Brasil".[permanent dead link]
- ^ "Cencosud to Acquire Majority Stake in The Fresh Market Holdings from Apollo Funds" (Press release). 2022-05-11.
{{cite press release}}: Unknown parameter|source=ignored (help) - ^ "Vea Cencosud". supermercadosvea.com.ar.
