HISTORY
Companhia Brasileira de Distribuição have been a pioneer in the Brazilian retail food industry, opening its first store, a pastry shop, in 1948, by Mr. Valentim dos Santos Diniz. Currently is the largest food retailer in Brazil and operates under four different formats: Pão de Açúcar and Barateiro (supermarkets), Extra (hypermarkets) and Extra Eletro (electronics and home appliances stores). CBD's shares are listed on the São Paulo Stock Exchange (Bovespa) since October, 1995 and its level III ADRs are listed on the New York Stock Exchange (NYSE) since May, 1997. In 1999, CBD holds a strategic partnership with Grupo Casino - one of the biggest company in the retail industry in France -, and in 2003, we became part of a group of listed companies that adhere to a new index, the IGC-Special Corporate Governance Share Index, level I created by Bovespa (the São Paulo Stock Exchange). read more »
MISSION AND VALUES
In search for intense professionalization, better performance,
efficiency,
productivity and profitability and following the changes implemented in the
Corporate Governance model, CBD defined guidelines that will drive its
performance in the coming years. read more »
PROFILE
With an annual gross turnover of R$ 12.8 billion, in 2003, Companhia Brasileira de Distribuição/Pão de Açúcar Group continues to be the largest retail company in Brazil: at the end of the year, it had around 56 thousand employees and 497 stores, distributed in 12 Brazilian states, totaling a sales area of around 983 thousand square meters. read more »
BUSINESS UNITS
The format diversity of the stores is one of the main competitive advantages of the Group, which operates three formats - Pão de Açúcar, Comprebem Barateiro, and Sendas (supermarkets), Extra (hypermarkets) and Extra Eletro (electronic/home appliances products) - with specific sales strategies and focus, directed to consumers with different profiles. This ability to manage various formats has been fundamental to guarantee clients' satisfaction and loyalty. read more »
STORES BY REGION
CBD maintains a growth strategy focused mainly in the regions in it already serves, which allows it to enjoy the benefits of the synergy with the existing structures and serve the specific needs of different types of consumers. read more »
EXPANSION OF STORES
With the addition of approximately 10% in sales area per year, CBD maintains its organic growth strategy and focusing on the regions it already operates in and the search for the balance among the multi-formats supermarkets and hypermarkets. read more »
STRATEGY
Our People, our Technological Dominance, and our Solid Capital Structure - which all support our reason for existing: THE CLIENT.
The Company's strategic positioning is another differential that guarantees the market leadership. The Company also supports growth strategic decisions through the organic expansion and acquisitions. read more »
COMPETITIVE STRENGTHS
Our main competitive strengths are our different retail food store formats, our extensive network of distribution centers, our economies of scale, our prime locations in densely populated urban areas and growing provincial urban areas, and our high level of customer service. read more »
DISTRIBUTION CENTERS
The logistics structure of the group is formed by 11 distribution centers, that total a storage capacity of 316 thousand square meters of built-in area. CBD operates, specialized distribution centers in São Paulo city and multi-category distribution centers, which serve certain regions where CBD already operates. read more »
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