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MGLU3 on São Paulo Stock Exchange

Magazine Luiza

Logo: Magazine Luiza, Public domain, via Wikimedia Commons3

Brazilian retail company

Magazine Luiza S.A., also known as Magazine Luiza, or simply as Magalu, is a Brazilian retail company, along with GPA, Viavarejo, Lojas Americanas and others. The current chairperson is Luiza Trajano and the current CEO is her son Frederico Trajano.2 It employed about 30,000 people.1 Its shares trade on São Paulo Stock Exchange under the symbol MGLU3.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1933Founded1

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  • TickerMGLU3 on São Paulo Stock Exchange1
  • Industrye-commerce, retail1
  • HeadquartersFranca1
  • Websitewww.magazineluiza.com.br
  • Legal formsociedade anônima1

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Magazine Luiza S.A., also known as Magazine Luiza, or simply as Magalu, is a Brazilian retail company, along with GPA, Viavarejo, Lojas Americanas and others. The current chairperson is Luiza Trajano and the current CEO is her son Frederico Trajano.2

Corporate structure

Magazine Luiza sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Magazine Luiza Franca

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Magazine Luiza reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

In 1992, Magalu launched its first “virtual” stores, which at the time were physical retail outlets equipped with multimedia ordering kiosks, which were still in use in 2019.

In January 2016, Frederico Trajano became Magazine Luiza's CEO.

In August 2020, the company acquired Hubsales, a website selling products directly to consumers, Canaltech, a gadget review website, and InLoco Media an advertising company using mobile phone location tracking data.

In November 2020, it was announced that the trainee program would only accept Black Brazilians in order to confront structural racism, in which Black Brazilians are often sidelined.

From Wikipedia’s article on Magazine Luiza, shared under CC BY-SA 4.0.4

Products and brands

  • furniture

Listed on Wikidata.1

Subsidiaries and ownership

Also owns

From Wikidata.1

Timeline

  1. 2011Went public Listed on São Paulo Stock Exchange1
  2. 1933Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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