Retail projects firm sale for whole year
DCI
The Brazilian retail outlines for 2011 a pace similar to the good growth of last year, when companies of some segments skyrocketed in profitability and the number of stores went up. The shopping mall segment alone should exceed R$ 100 billion (US$ 58.8 billion) this year, compared to earnings of R$ 93 billion (US$ 52.8 billion) last year. Besides, it is the first time the interior will have more openings of new undertakings compared to the capitals. Until 2013 nearly R$ 6.331 billion (US$ 3.7 billion) will be invested in 124 new shopping malls in the country - most in the Southeast.
According to Nabil Sahyoun, President of the Brazilian Shopping Mall Store Owners' Association (Alshop), it was already a process that was expected by the building companies that accompany the inflated price increase of the land in the main commercial points in the country. "The large towns are overflowing with undertakings and the price for a square meter is high", he says. Today, BRMalls and Aliansce start ahead the other companies, with 40 malls in two years and 26 shopping malls, respectively. Multiplan, Grupo Jereissati, General Shopping and Sonae Sierra range from 11 to 15 new units each, estimates the entity.
Another area that impresses is that of supermarkets, because the 20 largest chains grew 20.1% last year, as it earned R$ 115.8 billion (US$ 65.8 billion), according to data of Nielsen. Altogether, the earnings of the sector amounted to R$ 200.1 billion (US$ 113.7 billion) - 13.9% more than in 2009, with emphasis not only to the sale of foods, but to diversified operations: electric and electronic appliances, medicines, items for the wholesale and fuel, besides fast food.