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Carmen Miranda could have filled her fruity headdress at the 575 stores of Companhia Brasileira de Distribuição (CBD). Brazil's #1 grocer operates the Pão de Açúcar, CompreBem, and Sendas supermarket chains; Extra hypermarkets and convenience stores; Eletro electronics and appliance stores; and e-commerce sites (paodeacucar.com.br and extra.com.br). The company's strategy of operating diversified businesses -- it targets low-income consumers with its Eletro chain and hawks private-label goods to Pão de Açúcar shoppers -- made it a leading Brazilian food retailer. CBD grows by acquiring regional retailers. The founding Diniz family and French food retailer Casino Guichard-Perrachon share control of the company.
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Address: |
Avenida Brigadeiro Luiz Antonio No. 3, 124 01402-901 São Paulo, Brazil
| | Phone: | +55-11-3886-0533 | | Fax: | +55-11-3884-2677 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 7653.30 M | | Revenue Growth (1 yr): | (-8.90%) | | Employees (2008): | 70,656 | | Employee Growth (1 yr): | 6.80% |
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Key People
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Chairman:
Abilio dos Santos Diniz
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CEO:
Cláudio Eugênio Stiller Galeazzi
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COO:
José Roberto C. Tambasco
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