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About
Cencosud SA owns and operates hypermarkets. Its operations include supermarkets, hypermarkets, home improvement stores, department stores, shopping centers, as well as real estate development, and financial services. It operates through the following business segments: Supermarkets, Home Improvement Stores, Department Stores, Shopping Centers, Financial Services, and Others. The Supermarkets segment operates supermarkets throughout Chile, Argentina, Brazil, Peru, and Colombia. The Home Improvement Stores segment sells a wide variety of building and other materials, including name brand and private label products. The Department Stores segment involves department stores in Chile under the Paris and Johnson brands. The Shopping Centers segment owns and manages shopping centers in Chile, Argentina, Peru, and Columbia. The Financial Services segment engages in credit card businesses and consumer loans, as well as their limited insurance brokerage operations in Chile, Argentina, and Peru and through joint ventures in Brazil with Banco Bradesco and Colpatria in Colombia. The Others segment offers Chile-based Aventura entertainment centers. The company was founded by Horst Paulmann Kemna in 1960 and is headquartered in Las Condes, Chile. | |||
Description
Cencosud S.A., together with its subsidiaries, operates as a multi-brand retailer in Chile, Argentina, Brazil, Colombia, and Peru. The company's Supermarkets segment operates supermarkets and hypermarkets, which sells brand and private label products under the Jumbo, Santa Isabel, Disco, Vea, Wong, Metro, GBarbosa, Perini, Bretas, and Prezunic brands. As of December 31, 2015, this segment operated 944 supermarkets in Chile, Argentina, Brazil, Peru, and Colombia. Its Home Improvement Stores segment operates home improvement stores that offer various building and other materials, including name brand and private label products. As of December 31, 2015, it had 35 Easy home improvement stores selling space in Chile; 50 Easy and Blaisten home improvement stores in Argentina; and 10 Easy home improvement stores in Colombia. The company's Department Stores segment operates department stores, which sell a range of merchandise, such as apparel, home furnishings, electronics, and sporting goods comprising name brand and private label products. As of December 31, 2015, this segment operated 79 department stores in Chile under the Paris and Johnson brands; and 9 Paris stores in Peru. Its Shopping Centers segment operates shopping centers. As of December 31, 2015, this segment owned and managed various shopping centers, including 25 in Chile, 22 in Argentina, 4 in Peru, and 2 in Colombia. The company's Financial Services segment provides credit cards primarily to finance customers' purchases in its stores; operates Banco Paris, a specialty retail consumer bank in Chile, which provides mortage loans; and offers consumer loans, purchase financing, and insurance products. Its Other segment operates electronic stores, pharmacies, gas stations, and entertainment centers under various brands; and offers loyalty programs. The company also operates a travel agency. Cencosud S.A. was founded in 1960 and is headquartered in Las Condes, Chile. |