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Retail in Brazil boosted by World Cup and Olympic Games



Huge sporting events set to take place in Brazil, such as the FIFA World Cup and the 2016 Olympic Games in Rio de Janeiro, are set to have a huge positive effect on consumer behavior.
International retailers are fully aware of this impact. This has made the current time the best for foreign retail brands to enter the Brazilian market as the local consumer will be able to gain direct access to those international brands that were once only available abroad.

According to Roberto Somekh, the Leasing Director of Multiplan, a company which currently manages 18 malls inside the country, the retail estate market has seen rapid growth, even for luxury goods consumers. He stated that Brazil is gaining attention from foreign retailers who are looking to develop their brands and open stores in Brazil

More about shopping malls in Brazil



YESTERDAY, USA:
Filling your cart with items and leaving the site without making a purchase has become the post-pandemic equivalent of window gazing for young shoppers.
Feb 26, 2021, USA:
It will be the most significant expansion in Sephora's history, demonstrating its confidence in the retailer's future.
Feb 26, 2021, USA:
Shortly, 17 Apple mini-stores will open in hypermarkets across the country. The company intends to start opening such outlets in the fall.
Feb 25, 2021, India:
The vast mall's construction will cost $760 million, and the project is expected to be completed in seven years.
Feb 25, 2021, United Kingdom:
The brand plans to close 95 stores nationwide while paying reduced rent for the remainder of the term.
Feb 24, 2021, USA:
Old Spice Barber Shop will also serve as a brand store, digital content studio, and experience lab for new product developments.
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