Brazilian retailer Americanas: store sales return to pre-crisis level but digital sales drop 90%.
By Daniel Cancel Americanas, the Brazilian retailer under judicial reorganization since January after disclosing a R$20 billion accounting hole, received good news in April: sales in physical stores recovered to pre-crisis levels. However, other indicators have continued to deteriorate. Sales in physical stores increased 37% in April compared to March, to R$1.5 billion (US$299 million), […]