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Wednesday, April 7, 2010 as of 11:14 AM ET

Department Stores

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A department store is a retail establishment which satisfies a wide range of durable goods and products to the consumer's personal and residential needs; and at the same time offering the consumer a choice of multiple merchandise lines, at variable price points, in all product categories.

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  1. Kmart
  2. Retail Stores
  3. Nordstrom
  4. U.S. Air Force
  5. Kohl's
  6. International Council of Shopping Centers
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Cencosud Plans IPO Of Up To $718 Million Of ADS

Cencosud S.

A. has filed plans to offer up to $718 million in American depositary shares as the South American retailer looks to raise funds to pay down debt.Cencosud operates 906 supermarkets, home improvement stores, shopping centers and department stores in Chile, Argentina, Brazil, Colombia and Peru. The company, headquartered in Chile, also is involved in the commercial real estate business and offers some financial services to its retail customers.Cencosud also plans to use proceeds to acquire the remaining shares of Jumbo Retail Argentina S.A., which operates the company's supermarkets in Argentina, currently held by UBS AG's (UBS, UBSN.VX) London branch as well as for capital expenditures, working capital and general corporate purposes.For the three months ended March 31, Cencosud reported a profit of CLP54.4 billion ($111.6 million), down from a year-earlier profit of CLP65.8 billion, as input costs and other expenses increased. Revenue rose 25% to CLP2.17 trillion ($4.45 billi...

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