Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company sells technology products, appliances, electronics, telephony, furniture, gifts, and toys. It also grants credit and provides extended warranties for its products. In addition, the company is involved in the provision of consumer financing and consortium services for the purchase of vehicles, motorcycles, home appliances, and real estate properties; and e-commerce of perfumes, cosmetics, sports, and fashion products. Further, it provides integration, logistics, and technological solutions; and manages relation between merchants and marketplaces. As of December 31, 2019, the company owned 1,113 stores and 17 distribution centers. The company was founded in 1957 and is headquartered in Franca, Brazil. Magazine Luiza S.A. is a subsidiary of LTD Administração e Participação S.A.