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Brazilian Mall sales rose 23.6% in 2021; growth still below pre-pandemic

RIO DE JANEIRO, BRAZIL - Sales in the shopping malls sector showed a relevant recovery last year, but are still below the pre-pandemic level.

Sales totaled R$159.2 billion (US$30.4 billion) in 2021, representing a growth of 23.6% compared to 2020 when it stood at R$128.8 billion. At the time, many enterprises were closed for weeks and then reopened with partial operations.

In comparison with 2019, the year of normal operations, there was . . .

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