Most Popular Reports On RIPLEY

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Business Description
Ripley Corp SA (Ripley) is a Chile-based company mainly engaged in the retail sector. The Company operates through three segments: Retail-Finance, Banking and Real Estate. Retail-Finance is engaged in the management and operation of a chain of department stores and shopping malls under the Ripley brand. It has numerous branches in Chile and Peru, as well as an incipient beginning of operations in Colombia. In addition, Ripley extends its products and services within its stores in Chile through the Ripley card, where frequent usage of the card provides discounts to its customers. Banking segment is involved in the provision of consumer lending, such as credit cards, term deposits, mortgage credit and other financial services. Real estate segment is active in the construction and development of shopping malls. The Company’s major shareholder is Inversiones R Matriz Ltda.