Shopping Mall Christmas Sales Up an Estimated 3% in Brazil

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to the data collected across 7,500 stores in Brazil associated with the Brazilian Association of Shopkeepers of Shopping (ALSHOP), retail sales in shopping centers grew only three percent this holiday season. However some good news is that online sales grew by 25 percent according to the organization's data.

For shopping centers, when considered the growth for 2014 sales in the same amount of stores as last year, the result was negative or stable compared to 2014.

"One reason for [any] sales growth was the increase in the number . . .

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