Lojas Riachuelo

Lojas Riachuelo S.A.
Company typePrivate
IndustryDepartment store
Founded1952
Headquarters
Natal
,
Brazil
Key people
Flávio Rocha (Chairman and CEO)
RevenueIncrease US$ 1.9 billion (2017)
Number of employees
44,000
ParentGrupo Guararapes
Websiteriachuelo.com.br

Lojas Riachuelo (English: Riachuelo Stores) is a Brazilian department store company founded in 1947 in the city of Natal, Brazil. Currently, the company operates 302 stores.

Riachuelo store in a shopping mall in Brasília.

The company its headquartered in Natal, and have a central office in São Paulo and has 3 distribution centers, in Natal and Guarulhos (São Paulo).

In 1979, the company was purchased by the Grupo Guararapes, the largest textile group in Latin America which also controls the Natal shopping center Midway Mall and the financial company Midway Financeira.

The Riachuelo's major competitors are Marisa, Lojas Renner, Cia. Hering and C&A

The company owns and operates an Embraer Legacy 650 aircraft (as of August 2016).[1]

References

  1. ^ "Global Airline Guide 2016 (Part One)". Airliner World (October 2016): 7.


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