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InRetail Peru Corp

Companies/Peru  •  Curated by Admin Timeline.sg

Corporate history of InRetail Peru Corp, a leading Peruvian retail conglomerate with operations in supermarkets, drugstores, and shopping centers, tracing its founding, key acquisitions, financial milestones, and market standing on the Lima Stock Exchange.

Chronological Storyline (31 Milestones)

1994 CE

Intercorp Founded

Carlos Rodriguez-Pastor Jr. founds Intercorp, a holding company that will later create InRetail Peru Corp. #business #retail

Intercorp Founded
Intercorp Founded
By Interbank, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=34158334
1996 CE

First Plaza Vea Opens

The first Plaza Vea hypermarket opens in Lima, becoming a flagship banner for InRetail. #retail

1996 CE

Supermercados Peruanos Founded

Supermercados Peruanos, the supermarket division of Intercorp, is established to operate hypermarkets and supermarkets. #retail

1997 CE

First Vivanda Supermarket Opens

Vivanda, a premium supermarket chain, opens its first store targeting high-income customers. #retail

1998 CE

First Real Plaza Shopping Center Opens

Real Plaza, a chain of shopping malls, debuts in Lima, later becoming a key real estate asset for InRetail. #realestate #retail

2000 CE

Inkafarma Pharmacy Chain Launched

Inkafarma, a drugstore chain, is founded and grows to become Peru's largest pharmacy network. #pharmacy #retail

2001 CE

Supermercados Peruanos Acquires El Tambo

Acquisition of regional supermarket chain Supermercados El Tambo expands footprint in northern Peru. #acquisition #retail

2003 CE

Launch of Plaza Vea Club Loyalty Program

InRetail introduces a customer loyalty program to enhance retention and data collection. #loyalty #retail

2004 CE

Expansion to Chiclayo

First Plaza Vea opens in Chiclayo, marking InRetail's entry into northern Peru. #retail #expansion

2005 CE

Inkafarma Reaches 50 Stores

Inkafarma grows to 50 stores across Lima, solidifying its presence in the pharmacy market. #pharmacy #growth

2006 CE

Intercorp Increases Stake in Supermercados Peruanos

Intercorp raises its ownership to 60%, consolidating control over the supermarket division. #corporate #retail

2007 CE

Acquisition of Supermercados Wong

Intercorp acquires the upscale supermarket chain Wong, adding a strong brand in Lima. #acquisition #retail

2008 CE

InRetail Division Created

Intercorp consolidates its retail assets (supermarkets, drugstores, malls) under a new division named InRetail. #corporate #restructuring

2009 CE

First Distribution Center Opens in Lima

A centralized distribution center is built to improve supply chain efficiency for all banners. #logistics #retail

2010 CE

InRetail Peru Corp Legally Established

InRetail Peru Corp is incorporated as a sociedad anónima, separate from Intercorp, to hold retail and real estate assets. #corporate #founding

2011 CE

InRetail Peru Corp IPO on BVL

InRetail goes public on the Lima Stock Exchange under ticker INRETC1, raising $450 million. #finance #ipo

2012 CE

Acquisition of Farmacias Peruanas

InRetail acquires the pharmacy chain Farmacias Peruanas, expanding its drugstore footprint. #acquisition #pharmacy

2013 CE

First Plaza Vea in Arequipa

InRetail opens its first hypermarket in Arequipa, Peru's second-largest city. #retail #expansion

2014 CE

E-commerce Platform Launched

InRetail launches online shopping for Plaza Vea and Vivanda, embracing digital retail. #ecommerce #retail

2015 CE

Acquisition of Boticas y Salud

InRetail acquires the pharmacy chain Boticas y Salud, strengthening its position in the drugstore market. #acquisition #pharmacy

2015 CE

Inkafarma Reaches 500 Stores

Inkafarma expands rapidly, reaching 500 stores nationwide. #pharmacy #growth

2016 CE

Revenue Reaches S/ 8 Billion

InRetail reports annual revenue of S/ 8 billion, driven by supermarket and pharmacy growth. #finance #retail

2017 CE

Acquisition of Mifarma

InRetail acquires the drugstore chain Mifarma, becoming Peru's largest pharmacy operator with over 1,600 stores. #acquisition #pharmacy

2018 CE

First Real Plaza in Trujillo Opens

InRetail expands its shopping mall chain with a new Real Plaza in Trujillo. #realestate #retail

2019 CE

Included in BVL General Index

InRetail's stock is added to the S&P/BVL Peru General Index, reflecting its market significance. #finance #index

2020 CE

COVID-19 Response and Digital Surge

InRetail accelerates e-commerce and delivery services as pandemic drives online sales growth of 30%. #ecommerce #covid19

2021 CE

Inkafarma Reaches 1,000 Stores

Inkafarma achieves a milestone of 1,000 stores across Peru. #pharmacy #growth

2021 CE

Launch of Plaza Vea Delivery App

InRetail launches a dedicated mobile app for home delivery, enhancing customer convenience. #retail #app

2022 CE

New Automated Distribution Center Opens

InRetail invests in a state-of-the-art automated distribution center to support growth. #logistics #technology

2023 CE

Record Revenue of S/ 12 Billion

InRetail reports all-time high annual revenue of S/ 12 billion, fueled by store expansion and e-commerce. #finance #record

2024 CE

Partnership with Rappi for Delivery

InRetail partners with Rappi to offer on-demand delivery from supermarkets and drugstores. #partnership #ecommerce