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Cencosud S.A. is a publicly traded retail company based in Chile. It is the largest retail company in Chile and the third largest listed retail company in Latin America , competing with the Brazilian Companhia Brasileira de Distribuição and the Mexican Walmart de México y Centroamérica as one of the largest retail companies in the region.
In 2007, Cencosud started to convert some Disco branches to the budget-oriented Súper Vea banner in order to better be able to compete in lower income demographics. At the time, 120 locations were operating under the Disco name. [12] As of 2018, the company operates 76 locations, mostly in Buenos Aires, Cordoba and Santa Fe provinces. [13]
Jumbo is a Chilean hypermarket chain with a presence in Chile, Argentina, and Colombia.Founded in 1976 by Horst Paulmann, Jumbo is a subsidiary and pillar of the Cencosud business consortium, which also owns Santa Isabel, Disco, Super Vea, and Metro supermarkets, as well as Easy and Paris stores.
Easy, based in Florida, Chile, was founded in Argentina in 1993 and the following year opened its first store in Chile. In 2001, it bought out The Home Depot's branches in Argentina and Chile and rebranded them as Easy.
Santa Isabel was founded in Valparaíso, Chile in 1976 by Eduardo Elberg.Until the mid-1990s he maintained organic growth within the Valparaíso Province and the historic Los Lagos province now split into Los Lagos and Los Ríos provinces.
However, at present, share facilities with its parent Cencosud, is a building located at the side of the shopping mall Alto Las Condes, in Kennedy Avenue 9001, Floor 4, Las Condes, Santiago. The department store was founded in 1900 by José María Couso as Mueblería París .
Cencosud was founded by Horst Paulmann on 10 November 1978 when he assumed the role of CEO and chairman. [5] [6] Cencosud employs more than 150,000 people in Chile, Argentina, Colombia, Brazil and Peru, where it operates its supermarket chains (such as Jumbo, Santa Isabel, Disco, Vea, Gbarbosa, Prezunic, Bretas, Perini, Wong and Metro []); department stores (such as París and Johnson's); home ...
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