| Empresas La Polar S.A. | |
| Type: | Sociedad Anónima |
| Traded As: | BCS |
| Foundation: | 1920 |
| Location: | Santiago, Chile |
| Key People: | Jorge Andres Ibañez, (Chairman) |
| Industry: | Department store |
| Num Employees: | 6,000 |
| Revenue: | US$ 795.9 million (2012) |
| Net Income: | US$ 390.8 million (2012) |
| Homepage: | www.lapolar.cl |
La Polar is the fourth largest retail company in Chile, behind Falabella, Paris S.A and Ripley 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's Superintendencia 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]