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Casa & Video

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Department store chain in Rio de Janeiro
Casa & Vídeo
Entrance to one of the shops
Company typePrivate
IndustryRetail
FoundedRio de Janeiro (1988 (1988))
HeadquartersRio de Janeiro, Brazil
Number of locations79 stores (2014)
Number of employees3500 (2010)
Websitecasaevideo.com.br

Casa & Vídeo (also written CASA&VIDEO) is a department store chain, founded in Rio de Janeiro in 1988. Currently, the company has 79 stores in 28 municipalities of the state of Rio de Janeiro.

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. 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.

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.

The chain resumed operations in 2009, as part of a judicial reorganization plan. Lojas Americanas negotiated the purchase of Casa & Video, but the deal did not happen.

References

  1. ^ "CASA & VIDEO - Nossa História" [CASA & VIDEO - Our History]. CASA & VIDEO (in Portuguese). Archived from the original on 24 February 2001. Retrieved 18 May 2014.
  2. ^ "Sobre Nós" [About Us]. CASA&VIDEO (in Portuguese). Retrieved 17 May 2014.
  3. ^ "Lojas Americanas mantêm conversas preliminares com Casa & Vídeo" [Lojas Americanas hold preliminary talks with Casa & Video]. Folha.com (in Portuguese). 3 June 2010. Retrieved 18 May 2014.
  4. "Sobre Nos" (in Brazilian Portuguese). 2023-09-08. Retrieved 2023-11-28.
  5. ^ "Casa & Vídeo registra prejuízo de R$ 28,1 mi em 2010" [Casa & Video registers loss of R$ 28.1 million in 2010]. Estadao.com.br (in Portuguese). 7 September 2011. Archived from the original on 18 May 2014. Retrieved 17 May 2014.

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