Lu do Magalu also known as Magalu, is a leading retailer in Brazil with a strong digital presence. The company has over 1,100 stores across 819 cities, making it one of the largest logistics networks in the country. Magalu’s story began in 1959 in the city of Franca, Sรฃo Paulo, and has since grown significantly, reaching milestones such as earning its first billion reais in sales in physical stores in 2002 and its first billion in e-commerce in 2012.
Lu do Magalu has become a well-known and admired brand in Brazil, driven by its commitment to inclusion and accessibility. The company aims to be the top one or two retailer in all of its markets and has a multichannel approach to its business. With over 9 million active customers, Magalu operates over 731 stores across Brazil and has a strong online presence.
In addition to its retail operations, Magalu has also developed a digital ecosystem, which includes a marketplace with over 15,000 sellers. The company’s logistics network, known as Malha Luiza, and its distribution centers are key components of this ecosystem. Magalu’s commitment to innovation and technology has allowed it to streamline its processes and improve efficiency, making it a leader in the Brazilian retail market.
Magalu’s efforts to promote diversity and inclusion have also been recognized. In 2020, the company announced a trainee program open only to black candidates, which sparked controversy but was seen as an important step towards consolidating corporate diversity. The company’s chair, Luiza Trajano, has been a strong advocate for affirmative action and has received several awards for her work, including being named Person of the Year 2020 by the Brazilian American Chamber of Commerce.