Mappin Explained

Mappin
Type:Privately held company
Founded:São Paulo
Location City:São Paulo
Location Country:Brazil
Key People:Walter Mappin
Hebert Mappin
Alberto Alves
Cosette Alves
Ricardo Mansur
Industry:Retail
Homepage:http://www.mappin.com.br/

Mappin was a traditional department store in Brazil, based in São Paulo, with the official name of Casa Anglo-Brasileira S/A. With origins in 1774 in the city of Sheffield, England, it was later brought to Brazil by the brothers Walter and Hebert Mappin.

History

During the 86 years in which it served São Paulo, it was one of the pioneers of the retail trade. In the 1930s, innovated by putting labels with prices in the windows. Was the driving force behind the installment plan. Between 1940s and 1950s, Mappin was the meeting point of São Paulo elite. Anticipated the "concept" of shopping mall, bringing together products of various types in one location. The store at Praça Ramos de Azevedo, in the center of São Paulo, has become a benchmark of the brand.

Some branches were opened:

Its most famous jingle was: "Mappin, venha correndo, Mappin, chegou a hora, Mappin, é a liquidação" [Mappin, come running, Mappin, the hour has come, Mappin, it is the sale].

Campaigns

The end

It closed down in 1999, during the administration of Ricardo Mansur. It had its bankruptcy decreed along with the Mesbla stores, who had been incorporated into Mappin in 1996. In 1999, Grupo Pão de Açúcar, through the Extra hypermarkets, took over the store in Praça Ramos de Azevedo, whose building belongs to the Santa Casa, with the "Extra Mappin" flag, and soon abandoned it.[1] In 2003, the store was closed under the allegation of having low profitability, not offsetting the point of sale maintenance costs, and the store did not meet more at the "quality standards that should be part of all the flags of the group."[2]

According to the Mônica Bergamo's column on 3 June 2009, Ricardo Mansur, the last owner of the network, considered to reopen Mappin, including forwarding a request of bankruptcy to the judge and tried to raise money from international investors.[3] However, on 12 November 2010 there was a judicial auction, and the Mappin brand, valued at R$12 million, was bought by the network Lojas Marabraz by less than half of the price. The general director of Marabraz, Nasser Fares, aims to put the brand on active duty, at the latest in 2016.[4]

See also

Notes and References

  1. News: Futema . Fabiana . 25 September 2003 . Ex-loja do Mappin na praça Ramos volta a fechar as portas . Mappin former store in the Ramos square close the doors again . Portuguese . Folha Online . São Paulo . 18 May 2015 .
  2. News: Futema . Fabiana . 25 September 2003 . Ex-funcionários do Mappin querem assumir loja da praça Ramos . Former employees of Mappin want to take on Ramos square store . Portuguese . Folha Online . São Paulo . 18 May 2015 .
  3. News: Bergamo . Mônica . 3 June 2009 . Mônica Bergamo: Mansur quer reabrir o Mappin . Mônica Bergamo: Mansur wants to reopen Mappin . Portuguese . Folha Online . São Paulo . 18 May 2015 .
  4. Web site: Villalba . Isabella . 19 June 2013 . Mappin: gigante do varejo volta, mas só em 2016 . Mappin: retail giant will be back, but only in 2016 . https://web.archive.org/web/20140716192051/http://consumidormoderno.uol.com.br/negocios-marcas/mappin-gigante-do-varejo-volta-mas-so-em-2016 . dead . Consumidor Moderno . UOL . Portuguese . 16 July 2014 . 18 May 2015 .