Magazine Luiza focuses on delivery time from 24 hours to a few hours

The intention is that this period will drop from 24 hours to a few hours.

45% of deliveries are within 24 hours - up from 5% in 2019.

03/10/2021

Magazine Luiza’s management said today, in a results conference call with analysts, that it is focusing on logistics this year to improve the level of service in the digital operation, especially the delivery of third party items, through the advance in delivery speed. The intention is that this period will drop from 24 hours to a few hours.

The company said it would significantly speed up the year’s investments to convert the 1,300 stores into logistical support points for marketplace tenants, increasing the number of distribution centres and cross dockings [fast distribution points] and automate that infrastructure. The has not disclosed the investment amount.

Source: Valor Investe

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