Magazine Luiza has high of 20% in sales on offer from beginning of year

SAO PAULO-the Magazine Luiza raised in 20% sales during annual promotion held by the retail network this Friday in relation to the same promotional campaign conducted last year.
The company, a rival of groups like Via retail, said that had 1 million sales of products by the end of Friday morning.
Retail shares fell about of 2% on Friday, ending the real 78.60 listed. The Ibovespa had appreciation of 0,54%.
According to the Vice President of Magazine Luiza, Israr Garcia, the settlement represents a turnover equivalent to 20 days normal sales ". The company has not reported the amount.
The network's promotional campaign, held since 1994, occurred in all 830 stores this Friday.