Cencosud SA Fund Company Profile

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.