April 18, 20 - 3:34 pm - LABS

Brazilian retail’s spike in online sales may not offset falling revenues

For Luiz Henrique Escobarhead of ecommerce at Carrefour Brasil, “Brazil is a new lab in ecommerce ways”, as local retailers see a strong spike in digital sales. New numbers come from Carrefour’s Brazilian division and from clothing chain Riachuelo. But this growth may not offset the record drop in general revenues. Read the complete news.