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Shopping Centres were closed for half the time they remained in operation in 2020

  • In 2020, 85 days were closed, and by the end of this month, the number should reach 42 days this year - to date, there are still 35 days closed.

Estimations based on data from shopping centre companies is that 25 thousand employees have been laid off.
Estimations based on data from shopping centre companies is that 25 thousand employees have been laid off.
04/13/2021
In about four months, shopping centres in São Paulo were closed for half the time they remained in operation throughout 2020, according to calculations by Abrasce, the industry association.

In 2020, 85 days were closed, and by the end of this month, the number should reach 42 days this year - to date, there are still 35 days closed.


Source: Valor Econômico

Read full story (in Portuguese).

Latam
Brazil
National
Retail
Market Analytics
Retail And E-Commerce

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