Saraiva S.A. Livreiros Editores operates in the Book stores sector. Saraiva SA Livreiros Editores (Saraiva) is a Brazil-based company involved in two areas: publishing and retail. In the publishing area, the Company is engaged in the publishing of elementary and high school textbooks, supplementary textbooks, legal books, as well as economics and management books. In the retail area, Saraiva operates a chain of bookstores in Brazil. Through these stores, the Company sells books, television sets, music compact discs, digital cameras, mobile telephones, video games, digital video discs, toys, magazines and video game consoles, among others. The Company has a chain of 102 stores, of which 42 are megastores, three are iTown (Apple Premium Reseller) format stores, 52 are conventional stores and five are franchises. In
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