Movement in physical retail grew 11% in April compared to March, shows IPV

Stores located in shopping centres performed better, with 11%, while those found on the streets rose 6%.

In the annual comparison, consumer presence increased by 120% in physical stores and 103% in shopping centers on a year-over-year basis.

05/26/2022

The flow of consumers in Brazilian retail grew month-on-month in April 2022. In shopping malls, the movement rose 6% compared to March. Physical stores, in turn, grew by double digits in the period: 11% in total. Stores located in shopping centres performed better, with 11%, while those found on the streets rose 6%. The BPI – Retail Performance Index survey, organized by venture capital HiPartners Capital & Work, in partnership with the Sociedade Brasileira de Varejo e Consumo (SBVC) points out.

In the annual comparison, growth was high, as, in April 2021, retail was recovering from the second wave of covid-19. The presence of consumers increased by 120% in physical stores and 103% in shopping centres on this basis of comparison. Stores increased by 131% in shopping centres, and establishments on the streets grew by 60%. In the year, the flow grew: 70% in physical stores and 47% in malls in the country.

Source: Mercado & Consumo

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Brazil

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Retail

Market Analytics

Retail And E-Commerce

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