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Business Description
Empresas La Polar SA is a Chile-based company primarily engaged in the retail sector. The Company's main activities include the import, export, distribution and sale of household appliances, electronics, toys, furniture and home accessories, as well as apparel and clothing accessories for men, women and children. The Company operates a network of department stores under La Polar name, which are located nationwide and in Colombia, as well as it provides the issuing of credit and debit cards intended for the financing of purchases within its premises. In addition, through its fully consolidated subsidiary La Polar Corredores de Seguros Ltda, the Company is also involved in the insurance sector with a variety of direct life and property insurance policies. As of December 31, 2011, the Company owned such other subsidiaries as Collect SA, Tecnopolar SA, La Polar Internacional Limitada, Corpolar SA, Agencia de Publicidad Conexion SA and Inversiones SCG SA.