Approximately 20 thousand stores have ended their activities in the capital of São Paulo since March, when the social distance started due to the pandemic. The number represents 10% of the total of commercial establishments in the city of Sao Paulo. Fecomercio estimates that, in the capital alone, the trade lost almost R$17 billion ($3.2 bn) between March and June.
Source: Folha
Brasil Económico aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Brazil.
