Cencosud S.A.
is a
publicly traded
multinational retail company. It's the largest retail company in Chile and the third largest listed retail company in
Latin America
, competing with the Brazilian
Companhia Brasileira de Distribuicao
and the Mexican
Walmart de Mexico y Centroamerica
as one of the largest retail companies in the region. The company has more than 1045 stores in Latin America.
History
[
edit
]
By the end of 2006, the operations of the company included 65
Jumbo hypermarkets
, 165
Santa Isabel supermarkets
; 249 Disco, Vea and Jumbo supermarkets; 60
Easy
home improvement stores; 36
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 Cartao 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
[
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]
Cencosud operates upscale
Paris
department stores, the
Costanera Center
financial center,
Easy
home improvement and hardware stores,
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
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]
External links
[
edit
]
IPSA
companies of
Chile
(as of 13 January 2022)
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Chile
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Peru
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Argentina
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Colombia
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Brazil
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