Monday, March 09, 2020

Customer Flow in Physical Retail Grows 1.8%

The flow of consumers in Brazilian physical stores registered growth of 1.8% in February, compared to the same month of 2019. The data is part of a survey by Seed Digital, a collection company that analyzes retail data. According to the survey, the result was pulled by the shopping sector, which had a 4.2% increase in the movement of people in the period. However, the flow of high street stores fell by 2.9%. Compared to January 2020, there was a 13.4% decrease due to Carnival and february has fewer working days than January. On the same basis of comparison, the declines in mall and street stores were 13.9% and 12%, respectively. Methodology According to Seed Digital, more than 3,000 points in Brazilian retail (23 states and 149 cities) are analyzed. Street and shopping stores have different weights in the search.
Giro News - 06/03/2020 News Item translated automatically
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