 | |
| Company type | Sociedad Anónima |
|---|---|
| BCS:LA POLAR | |
| Industry | Department store |
| Founded | 1920 |
| Headquarters | Santiago, Chile |
Key people | Jorge Andres Ibañez,(Chairman) |
| Products | Clothing,Accessories,Electronics,Furniture |
| Revenue |  US$ 795.9 million(2012) |
 US$ 390.8 million(2012) | |
Number of employees | 6,000 |
| Website | www.lapolar.cl |
La Polar is the fourth largest retail company inChile, behindFalabella,Paris S.A andRipley S.A.
The company has 43 stores, being 38 in Chile and 5 in Colombia andoffers various products, such as clothing, accessories, sporting goods, beauty products, gifts, infant products, electronics, furniture, furnishings, and household products. It also provides a range of services comprising the credit cards, general and life insurance, and extended warranty durable products.
On 17 June 2011 Chile'sSuperintendencia de Valores y Seguros (securities regulator) indefinitely suspended trading in Empresas La Polar SA pending an investigation after La Polar announced it would have to provision an additional $430 million due to irregularities in its store-credit department.[1]
