Business

Shopping mall record losses of $ 4.9 bn with closed trade

The ALSHOP (Brazilian Association of Shopping Tenants), points out that store owners in shopping centres have recorded losses of around R$ 27 billion ($ 4.9 billion) since the beginning of the new coronavirus pandemic. According to the association, only 81 of the country’s 577 shopping malls are open in more than 50 municipalities.

Source: UOL Economia

Categories: Business, Industry