Cencosud is a publicly listed multinational retail company. It is the largest retail company in Chile and the third largest listed retail company in Latin America. Its competitors are mainly Brazil’s Grupo Pao de Aúcar and Mexico’s Walmart de México y Centroamérica. The company has more than 1,045 stores in Latin America.
As of the end of 2006, the business of Centosud included 65 mega hypermarkets, 165 Santa Isabel supermarkets; 249 disco, Vieux and mega supermarkets; 60 home improvement stores; 36 Paris department stores; 27 shopping malls and 52 BNP Paribas offices , The total sales area totals 1.8 million square meters, or 19375038.75 square feet.
As of the end of 2007, some new stores of Centosud had been opened in Chile, Argentina and Peru, and the company acquired Wong Supermarket, the largest retailer in Peru, and GBarbosa, a Brazilian retailer. In August 2011, the company announced the acquisition of Johnson’s department store.
The president of Cencosud is Horst Paulmann Kemna. In 2012, the company’s revenue increased by 19 billion U.S. dollars, net profit was 562.6 million U.S. dollars, and a total of 126,530 employees.
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