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Cnova
Cnova N.V. is an e-commerce company, founded in June 2014. Cnova includes Cdiscount (operating in France, Belgium, Ivory Coast, Senegal and Colombia) and Cnova Brazil (operating in Brazil). Cnova N.V. is part of Groupe Casino, a French global retail company of which Mr. Jean-Charles Naouri is currently the chairman and CEO. Since November 2015, Peter Paul Estermann is the chairman of the board of Cnova N.V. In 2015, the total sales of Cnova N.V. reached 4.835 billion euros and its total revenue reached 3.42 billion euros. At the end of 2014, Cnova counted 13.6 million active customers in the world. History The first operations began in 1998 with the founding of the e-commerce website Cdiscount, a single website focused on offering CDs and DVDs. Cdiscount then expanded its business to encompass product categories such as consumer electronics, computers, home appliances and wine. In 2008, the companies Pontofrio.com and were launched in Brazil, providing e-commerce services to ...
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Cnova
Cnova N.V. is an e-commerce company, founded in June 2014. Cnova includes Cdiscount (operating in France, Belgium, Ivory Coast, Senegal and Colombia) and Cnova Brazil (operating in Brazil). Cnova N.V. is part of Groupe Casino, a French global retail company of which Mr. Jean-Charles Naouri is currently the chairman and CEO. Since November 2015, Peter Paul Estermann is the chairman of the board of Cnova N.V. In 2015, the total sales of Cnova N.V. reached 4.835 billion euros and its total revenue reached 3.42 billion euros. At the end of 2014, Cnova counted 13.6 million active customers in the world. History The first operations began in 1998 with the founding of the e-commerce website Cdiscount, a single website focused on offering CDs and DVDs. Cdiscount then expanded its business to encompass product categories such as consumer electronics, computers, home appliances and wine. In 2008, the companies Pontofrio.com and were launched in Brazil, providing e-commerce services to ...
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Via Varejo
Via, formerly Via Varejo, is a Brazilian retail company founded in 2010 through the merger of retail companies Casas Bahia, owned by the Klein family, and Ponto, owned by Grupo Pão de Açúcar. Since June 2019, the Klein family own a controlling stake in Via Varejo.Bautzer, Tatiana & Mandl, Carolina (14 June 2019)"Control of Brazil retailer Via Varejo shifts to Klein family from GPA" ''Reuters''. Retrieved 25 June 2019. History In December 2009, Grupo Pão de Açúcar purchased Casas Bahia and transferred its retail units to Globex Utilidades SA, Ponto Frio's parent company which was purchased by the group in June earlier that year. The company operates retail online through its subsidiary Nova Pontocom, an e-commerce company that was born in 2010 by the merger of the online operations of Casas Bahia, Ponto Frio, and Extra, a hypermarket chain owned by Grupo Pão de Açúcar. Nova Pontocom holds 18% of the market share in Brazilian online retail. In early 2012, Globex Utilida ...
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Cdiscount
Cdiscount is the third largest (behind amazon.fr and veepee.fr) French e-commerce website with products such as electronics, household appliances and food. In 2013, Cdiscount was the most important French e-commerce website in terms of turnover with a growth superior to the market’s average in 2013. Cdiscount operates in 6 countries: France, Belgium, Germany, Spain, Italy and Luxembourg. History Founded in December 1998 by three brothers, Hervé, Christophe and Nicolas Charle, Cdiscount has been a subsidiary of Casino Group since February 2000. In September 2008 Casino Group increased both its direct and indirect participation to 79,6% of the capital and adopted a new structure with a board constituted of Casino founders and representatives. In January 2011, Casino Group bought the Charle brothers’ shares and now possess 99.6% of the capital. In October 2014, Cdiscount continues its internationalization with the opening of cdiscount.com.br in Brazil, with the support o ...
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Jean-Charles Naouri
Jean-Charles Naouri (born 8 March 1949 in Bône, Algeria) is a French businessman. He is Chairman, Chief Executive Officer and controlling shareholder of Groupe Casino. Education Naouri received his baccalaureat degree at only 15 years old. He then studied in classes préparatoires at the Lycée Louis-le-Grand before entering the École Normale Supérieure in 1967. He also attended Harvard University, before returning in France and completing a PhD in Mathematics in only one year. He is also an alumnus of the Ecole Nationale d’Administration (1974-1976). Early career Civil servant After graduating from ENA in 1976, Jean-Charles Naouri joined the Inspection générale des finances (France), the auditing and supervisory body of the French Administration. From 1982 to 1986, he served as chief of staff for Pierre Bérégovoy, both at the Ministry of Social Affairs and National Solidarity and the Ministry of Economy, Finance and Budget. During this period, he was the ...
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Groupe Casino
Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co. Casino Group is the source of many innovations such as the first distributor's brand in 1901, the first self-service store in 1948 or even the display of a sell-by date on consumer products in 1959. As a historical player in mass-market retail in France, the group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia. Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. Other than the eponymous " Géant Casino" and "Casino Supermarchés", Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa and Le Petit Casino. Casino Group, currently mana ...
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Grupo Éxito
Grupo Éxito is a South American retail company. It operates 2,606 stores in South America. The stores sell a wide range of food and non food products. Though originally a textiles maker and seller (under such brand names as Arkitect, People, Bronzini, Pop Rose) recent acquisitions (mostly within the last 10–20 years) have further diversified the business making it a major grocer (under brand names like surtimax and carulla sales of food products make up about 70-75% of revenue). At its hypermarkets (the largest of which is the Éxito chain) it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture. Almacenes is Colombia's largest supermarket chain. History Grupo Éxito traces its origins to a Medellín, Colombia family run textile business founded in 1949 by Gustavo Toro Quintero. Éxito is the Spanish word for success. In 1972 it transitioned into a hypermarket when it added supermarket products and in ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies h ...
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G1 (website)
G1, stylized as g1, is a Brazilian news portal maintained by Grupo Globo and under the guidance of Central Globo de Jornalismo. It was released on September 18, 2006, the year Rede Globo was 41 years old. The portal provides the journalism content of the various companies of the Grupo Globo – TV Globo, Globo News, Radios CBN and Globo, newspapers O Globo, Extra, Expresso and Valor Econômico, Época and Globo Rural magazines, among others - besides own reports in format of text, photos, audio and video. In addition to five editorial offices in the Rio de Janeiro, São Paulo, Brasilia, Belo Horizonte and Recife, affiliates of Rede Globo, newspapers, magazines, radio stations and news agencies Agência Estado, Agence France Presse, Associated Press, EFE, The New York Times, Lusa and Reuters feed the news portal, which is updated 24 hours a day. The portal stands out for its multimedia content, taking advantage of the internet's advantages over traditional ...
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GlobeNewswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire, from Nasdaq. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Operations They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. In 2012 ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ...
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