Magazine Luiza

Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company retails telephones, heavy electronics, images, furniture products, computers, household appliances, market products, automotive accessories, beverages, pet products, and various other products through physical and virtual stores, or through e-commerce. It also grants credit and provides extended warranties for its products. In addition, the company is involved in the management of consortium-related activities to purchase vehicles, motorcycles, home appliances, and real estate properties; and e-commerce of perfumes and cosmetics. Further, it provides integration service; and manages relation between store owners and marketplaces. As of June 30, 2018, the company had 885 stores and 11 distribution centers in the South, Southeast, Mid-west, and Northeast regions of Brazil. The company was founded in 1957 and is headquartered in Franca, Brazil. Magazine Luiza S.A. is a subsidiary of LTD Administração e Participação S.A.