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 1.5% of total sales.<br> | + | <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>Should you liked this article along with you desire to get details concerning [https://www.bookleafpub.in/profile/bocoran-slot-tergacor-rtp-live-naga4d/profile bocoran slot tergacor] i implore you to go to our internet site. At GPA, where the largest shareholder is 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 company believes it can maintain the same profitability levels in [https://www.exeideas.com/?s=e-commerce 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 |
