InRetail Peru Corp is a prominent Peruvian company specializing in the development and operation of retail businesses. Established in 2003, the company has grown to become a significant player in the Peruvian retail sector, offering a diverse range of products and services through its various segments.
Background
InRetail Peru Corp's mission is to provide high-quality retail services that cater to the diverse needs of Peruvian consumers. The company's vision focuses on expanding its market presence and enhancing customer satisfaction through continuous innovation and strategic growth. Operating primarily in the retail industry, InRetail Peru Corp has established itself as a key contributor to the Peruvian economy, offering a wide array of products and services across multiple segments.
Key Strategic Focus
The company's strategic focus encompasses several core objectives:
- Food Retail: Operating under brands such as Plaza Vea, Plaza Vea Super, Plaza Vea Express, Vivanda, Mass, and Makro, this segment is dedicated to providing a comprehensive range of grocery products to consumers.
- Pharmacies: Through its pharmacy chains, InRetail Peru Corp offers pharmaceutical products and health-related services, ensuring accessibility and quality for its customers.
- Distribution: This segment focuses on the efficient distribution of products, ensuring timely delivery and availability across various retail outlets.
- Shopping Malls: By developing and managing shopping centers, the company provides consumers with diverse shopping experiences, housing a variety of retail stores and services.
- Digital: Embracing technological advancements, InRetail Peru Corp has ventured into the digital space, offering e-commerce platforms to meet the evolving needs of modern consumers.
The company primarily targets the Peruvian market, with additional operations in Ecuador and other countries, aiming to strengthen its presence in the Latin American retail sector.
Financials and Funding
As of June 30, 2024, InRetail Peru Corp reported the following financial metrics:
- Revenue: $5.5 billion
- EBITDA: $506.9 million
- Net Income: $237.7 million
- Total Assets: $5.4 billion
- Total Debt: $2.4 billion
The company's stock is publicly traded under the symbol INRETC1, with a share price of $29.80 as of September 12, 2024, and a market capitalization of $3.2 billion.
Pipeline Development
InRetail Peru Corp has demonstrated a commitment to growth through strategic acquisitions:
- Jokr Peru (February 2023): Acquired to enhance the company's digital and e-commerce capabilities.
- Makro Supermayorista (December 2020): This acquisition expanded the company's footprint in the wholesale segment.
- Quicorp (January 2018): Strengthened the company's position in the pharmaceutical distribution market.
These acquisitions align with the company's strategy to diversify its offerings and strengthen its market position.
Technological Platform and Innovation
InRetail Peru Corp leverages various technological platforms to enhance its operations:
- Oracle Human Resources: Utilized for proactive management solutions, aiding in cost control and efficient HR operations.
- Taleo: An on-demand unified talent management solution that supports the company's recruitment and talent management processes.
- Oracle Human Capital Management (HCM): A comprehensive solution connecting various human resource processes, facilitating streamlined HR management.
- Oracle HCM Cloud: A suite of applications that assist in finding and retaining talent, ensuring effective human capital management.
- Recruitee: An applicant tracking system that enhances the company's recruitment processes.
These technologies contribute to the company's operational efficiency and support its strategic objectives.
Leadership Team
InRetail Peru Corp's leadership team comprises experienced professionals:
- Juan Vallejo: Chief Executive Officer
- Marcelo Ramos: Chief Financial Officer
- Vanessa Danino: Investor Relations Officer
- Fernando Zavala Lombardi: Board Member
Their collective expertise drives the company's strategic initiatives and operational success.
Competitor Profile
InRetail Peru Corp operates in a competitive landscape with several key players:
- Albertsons Companies: A major competitor in the retail sector, offering a wide range of grocery products and services.
- WinCo Foods: Competes in the retail market with a focus on providing quality products at competitive prices.
- Stater Bros.: Another significant competitor, known for its extensive network of retail stores and diverse product offerings.
These competitors influence the market dynamics and strategic decisions within the retail industry.
Strategic Collaborations and Partnerships
InRetail Peru Corp has engaged in strategic collaborations to bolster its market position:
- Acquisition of Jokr Peru: Enhanced the company's digital and e-commerce capabilities, allowing it to better serve the online retail market.
- Acquisition of Makro Supermayorista: Expanded the company's presence in the wholesale segment, diversifying its retail offerings.
- Acquisition of Quicorp: Strengthened the company's position in pharmaceutical distribution, broadening its healthcare-related services.
These strategic moves have contributed to the company's growth and diversification.
