RIO DE JANEIRO, BRAZIL - The data were released Friday, May 21, by the Brazilian Supermarket Association (ABRAS), which stressed that the sales figure of R$554 billion represents 7.5% of Brazil's Gross Domestic Product (GDP). There are 3 million direct and indirect jobs in the sector.
"The invoicing of the 91,000 stores, with the new changes we are currently introducing, represents R$554 billion. In this amount all supermarket distribution channels are included. We are talking about physical sales, e-commerce sales, and delivery," said Marcio Milan, ABRAS' vice-president.
He added that the data include all . . .
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