In 1957 a small gift shop called A Cristaleira opened in Franca, a mid-sized city in São Paulo state. Today, that shop is Brazil's best-known retail chain — a company that sells everything from refrigerators to sneakers to credit, and that is betting its future on being the digital ecosystem Brazilians shop through, not just a store they visit. Full nameMagazine Luiza S.A. ("Magalu") Ticker / ExchangeMGLU3 — B3 (São Paulo) HeadquartersFranca, São Paulo, Brazil SectorConsumer Cyclical — Specialty Retail Employees35,000 Market value (market cap)R$4.05bn (~US$792m) Yearly sales (revenue, FY2025)R$38.70bn …
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