Magazine Luíza is the third largest Brazilian retail company by revenue and stores , after Grupo Pão de Açúcar and Máquina de Vendas

Máquina de Vendas

Máquina de Vendas is the second biggest Brazilian retail company, only behind the Grupo Pão de Açúcar. The company was founded on March 29, 2010 as a result of the merger of retailers companies Insinuante from State of Bahia and Ricardo Eletro based on State of Minas Gerais. The Group has 900...

. The company was founded in 1958 and its headquartered in Franca

Franca

-Demography:*Total: 328.473 inhabitants on July 1, 2006.** Urban: 324.138** Rural: 6.999*Demographic density : 473,80*Child mortality until 1 year : 12,66 = 1,26%*Life expectancy : 73,03*Fertility : 2,26...

 in State of São Paulo. Currently has 723 stores and 10 distribution centers distributed in 16 Brazilian states.

In addition to the physical stores the company also offers the option to buying through your website, being one of the largest online seller of the Brazil.

Magazine Luíza is owned by Luíza Helena Trajano, the company's Chairwoman