Department store chain in Rio de Janeiro
Casa & Vídeo (also written CASA&VIDEO) is a department store chain, founded in Rio de Janeiro in 1988.[1] Currently, the company has 79 stores in 28 municipalities of the state of Rio de Janeiro.[2]
The business begun in 1988, when a store was opened in the 5th floor of a building in Copacabana, selling television mounts and, soon later, ceiling fans.[1] The name of the store came from these products they used to sell: CASA ("Home", in Portuguese), from the utility of the fans, and VIDEO, from the TV mounts.[1][4]
In 2008, when it had 70 stores, became involved in a financial crisis after the arrest of executives and seizure of goods by Federal Police. The chain then had its assets and liabilities disposed judicially.[5]
The chain resumed operations in 2009, as part of a judicial reorganization plan.[3][5] Lojas Americanas negotiated the purchase of Casa & Video,[3] but the deal did not happen.
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