Brazil apos;s Food Retailer GPA Sees Online Sales Rising Fivefold In 4-5...
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| - | <br>SAO PAULO, Feb 2 (Reuters) - Brazilian food retailer GPA SA expects e-commerce sales to jump by more than five times over the next four to five years while maintaining margins, Chief Executive Jorge Faical said on Wednesday.<br> <br>Speaking at a Credit Suisse online event, Faical said that digital sales across the sector have tripled since the beginning of the pandemic, to about 1. If you | + | <br>SAO PAULO, Feb 2 (Reuters) - Brazilian food retailer GPA SA expects e-commerce sales to jump by more than five times over the next four to five years while maintaining margins, Chief Executive Jorge Faical said on Wednesday.<br> <br>Speaking at a Credit Suisse online event, Faical said that digital sales across the sector have tripled since the beginning of the pandemic, to about 1.5% of total sales.<br>If you enjoyed this write-up and you would such as to receive even more info concerning [https://www.lisazambetticasting.com/profile/daftar-togel-toto-88-online-4d-terpercaya-naga4d/profile slot jackpot terbesar] kindly check out the webpage. At GPA, where the largest shareholder is [https://De.bab.la/woerterbuch/englisch-deutsch/France%27s France's] retailer Casino, 9% of all sales are online.<br> <br>He mentioned a series of challenges for supermarkets to sell online, such as the delivery of products in increasingly shorter deadlines, which makes the process more expensive and puts pressure on margins.<br> <br>Even so, he said the [https://www.bing.com/search?q=company%20believes&form=MSNNWS&mkt=en-us&pq=company%20believes company believes] it can maintain the same profitability levels in e-commerce sales as in physical stores, which should be facilitated by the group's network of around 800 stores across the country that can be used as distribution centers.<br> <br>(Reporting by Aluísio Alves; Writing by Carolina Pulice; Editing by Lisa Shumaker)<br><br><br>adverts.addToArray("pos":"inread_player")Advertisement |
