"Todo mundo vai"
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Private | |
Traded as | BM&F Bovespa: LAME3, LAME4 |
Industry | Department Store |
Founded | 1929 |
Founders | Max Landesmann John Lee Glen Matson James Marshall Bastian Bartoli Batson Borger |
Headquarters | Rio de Janeiro, Brazil |
Key people
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Carlos Alberto Sicupira (Chairman) Miguel Gomes Gutierrez (CEO) |
Revenue | US$ 5.6 billion (2016) |
US$ 8.5 million (2016) | |
Number of employees
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18,775 |
Subsidiaries | B2W |
Website | www.lojasamericanas.com.br |
Lojas Americanas is a Brazilian retail chain founded in 1929 in the city of Niterói, Rio de Janeiro, by the Austrian-Brazilian Max Landesmann and Americans John Lee, Glen Matson, James Marshall and Batson Borger. Currently, the company has 1010 stores in all 26 Brazilian states and in the Brasília-area Federal District.
Lojas Americanas (Portuguese for American Stores) has its headquarters in Rio de Janeiro and has 4 distribution centers, in Nova Iguaçu (Rio de Janeiro), Barueri (São Paulo), Recife (Pernambuco) and Uberlandia (Minas Gerais).
It is controlled by three Brazilian billionaires: Jorge Paulo Lemann, Marcel Herrmann Telles and Carlos Alberto Sicupira, the same trio that drives the Anheuser-Busch InBev, 3G Capital, São Carlos S.A. and other groups. The network sells over 80 thousand items of four thousand different companies.
In January 2007, Lojas Americanas acquired the Brazilian operations of the network of video rental Blockbuster for R$186.2 million and adapted to store the model Americanas Express.
The company was founded in 1929 by Americans John Lee, Glen Matson, James Marshall and Batson Borger. They left the United States and went to Buenos Aires with the objective of opening a Five and Dime store. The idea was to launch a store that featured low prices, modelled after stores in the United States and Europe that became popular at the beginning of the 20th century. While on their trip to South America, they met Brazilians Aquino Sales and Max Landesman, who convinced them to change their plans and head to Rio de Janeiro.