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Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Consortium Management segments. The company retails home appliances, personal electronics, and furniture products through physical and virtual stores, or through e-commerce; and engages in the e-commerce of perfumes and cosmetics. 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 properties. As of June 30, 2017, it had 800 stores and 9 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.
3.23 BRL
As of 03/24/2023
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