Friday, November 08, 2019

Multiplan has a 10% increase in mall sales in October

Multiplan started the last quarter of 2019 in euphoria. The company recorded a 10% increase in sales of shopping malls in October, compared to the same month last year. All 19 malls grew in sales, with the high exceeding 10% in 9 of them. In all, the portfolio houses about 5,500 stores, ranging from clothing businesses to food and leisure. Foot on the board. The October result was above what had been determined by Multiplan until then. In the July-September quarter, sales had been 5.2%, reaching R$ 3.8 billion, while in the year to September, they had grown 4.8%, to R$ 11.1 billion. The acceleration in sales of retailers indicates an improvement in the economic scenario in the country, although slow, but also helped by the release of looting in FGTS accounts.
O Estado de S.Paulo - 08/11/2019 News Item translated automatically
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