Stores by Business

By CountryBy Business Unit
Selected Business
Supermarkets

920 stores with a total of 2,241,144 sqm of selling space and 93,111 employees

Our most relevant business division is Supermarkets & Hypermarkets, representing approximately 73% and 54% of our revenues and adjusted EBITDA respectively. We have a quality-service and quality-price strategy, which helps us to segment our customers. We use different brands depending on the country we have presence.

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Home Improvement

97 stores with a total of 808,996 sqm of selling space and 11,646 employees

Our Home Improvement division is our second most relevant division, bringing approximately 12% and 13% of our revenues and adjusted EBITDA respectively.

In 1993 we expanded our business divisions inaugurating our home improvement stores in Chile and Argentina, which offer products and services oriented to improve and/or maintain home, besides construction materials, design and decoration products. In 2007 we opened our Easy stores in the Colombian market.

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Department Stores

90 stores with a total of 440,419 sqm of selling space and 12,651 employees

Our Department Store division is our third most relevant division in terms of revenues, contributing with approximately 11% of total revenues. In terms of adjusted EBITDA the division represents 4% of our consolidated adjusted EBITDA.

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Shopping Centers

67 Shopping Centers with a total of gross leasable area to third parties of 830,548 sqm and 730 employees

Our shopping center division represents approximately 2% and 18% of our revenues and adjusted EBITDA respectively. Today we have presence in 4 countries; Chile, Argentina, Peru and Colombia. Costanera Center www.costaneracenter.cl was inaugurated in June 2012, been the biggest shopping mall with a total of 326 stores and 140,000 square meters of selling space, turning into a landmark in Santiago.

In June 2019, Cencosud successfully executed the initial public offering (IPO) of its Shopping Centers division in Chile, Peru and Colombia, raising US$ 1,055 MM for a 27.7% ownership stake. Cencosud Shopping owns 39 properties: 33 in Chile, 2 in Peru and 4 in Colombia,as well as 3 plots of real estate: 1 in Chile and 2 in Peru.

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Financial Services

We established our financial service division in 2003 when we launched our “Jumbo Más” credit card to facilitate in-store purchases. Since then, we have significantly increased our credit card operations. Today the Financial Services division represents approximately 2% and 10% of our revenues and adjusted EBITDA respectively. Our primary objective is to deepen the relationship with our customers, offering a more comprehensive service and generating greater added value from the synergies that exist between the businesses and all subsidiaries of Cencosud.

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