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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – More than 11,950 companies closed their doors in the state of Rio de Janeiro last year, 25.2 percent more than in 2015, according to data released on Wednesday by...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Retailers in Brazil could lose over R$10.5 billion this year due to national holidays, show the estimates from the São Paulo Commerce Federation (FecomercioSP). According to the entity, this volume...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - This Thursday, June 30th, the Rio 2016 Olympic Committee will unveil Brazil’s first Olympic megastore in Copacabana. With some 500,000 tourists expected to visit Rio de Janeiro for the start...
By Fiona Hurrell, Contributing Reporter RIO DE JANEIRO, BRAZIL - New licensing laws will aim to prevent Ipanema’s main shopping street, Visconde de Pirajá, from being dominated by banks and pharmacies. In an attempt to preserve the character of...
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