Companhia Brasileira de Distribuição, or GPA (from its former name 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

supermarket A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selecti ...

hypermarket A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In ...

s and

home appliance A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation. The domestic application attached to ...

stores. Its headquarters are in

São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...

city, and it is owned by Free Float. The company is the second biggest retail company in

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

by revenue and the second largest online retailer in Brazil. The company operates its e-commerce through Cnova, a subsidiary of Via Varejo.

History

In 1948, the immigrant Portuguese Valentim dos Santos Diniz opened a confectionery in

, which he named Pão de Açucar ("Sugarloaf Mountain") in memory of the first landscape he saw of Brazil when he arrived by boat (the

Sugarloaf Mountain Sugarloaf Mountain (, ) is a peak situated in Rio de Janeiro, Brazil, on a peninsula at the mouth of Guanabara Bay. Rising above the harbor, the peak is named for its resemblance to the traditional shape of concentrated refined loaf suga ...

is a rocky peak that dominates

Rio de Janeiro Rio de Janeiro, or simply Rio, is the capital of the Rio de Janeiro (state), state of Rio de Janeiro. It is the List of cities in Brazil by population, second-most-populous city in Brazil (after São Paulo) and the Largest cities in the America ...

). For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions. In September 2013, Abílio Diniz, the son of the company's founder, stepped down as chairman of the company. In 2024, Casino reduces its stake to 22.5%.

Business units

GPA operates through different store concepts (and different banner logos): 809

retail stores The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services ar ...

; 68 drugstores* and 74

gas station A filling station (also known as a gas station [] or petrol station []) is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline (or petrol) and diesel fuel. Fuel dispensers are used to ...

. * Pão de Açúcar (181 stores) ** Minuto Pão de Açúcar (98 stores) ** Pão de Açúcar Fresh (1) ** Pão de Açúcar Adega ** Posto Pão de Açúcar** *

Extra Extra, Xtra, or The Extra may refer to: Arts, entertainment and media Film * The Extra (1962 film), ''The Extra'' (1962 film), a Mexican film * The Extra (2005 film), ''The Extra'' (2005 film), an Australian film Literature * Extra (newspaper), ...

(72 stores; being converted into Assaí

wholesaling Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In ...

stores) ** Mercado Extra (146 stores) ** Mini Extra (141 stores) ** Drogaria Extra* ** Posto Extra** * Compre Bem (28 stores) ** Posto Compre Bem** * Assaí Atacadista ** Posto Assaí

Ownership structure

Currently, GPA is owned by:"Ownership Structure"
''GPA''. Retrieved on 26 September 2024. *Free Float: 71,8% * Grupo Casino: 22,5% *Diretores e Conselheiros: 5,6%

References

External links

*
GPA
on

LinkedIn LinkedIn () is an American business and employment-oriented Social networking service, social network. It was launched on May 5, 2003 by Reid Hoffman and Eric Ly. Since December 2016, LinkedIn has been a wholly owned subsidiary of Microsoft. ...

{{DEFAULTSORT:Gpa, Company Retail companies of Brazil Companies based in São Paulo Brazilian brands Companies listed on B3 (stock exchange) Companies formerly listed on the New York Stock Exchange Retail companies established in 1948 Multinational companies headquartered in Brazil Companies that have filed for Chapter 15 bankruptcy 1948 establishments in Brazil Brazilian subsidiaries of foreign companies

History

Business units

Ownership structure

See also

References

External links