March 8, 2021 |
Brazilian retail chain Lojas Americanas is considering 54 possible acquisitions and plans to open 150 new stores this year even as it combines operations with its digital platform B2W, CEO Miguel Gutierrez said on Friday.
"Every company we look at, they may be 100% digital, but no one is 100% bricks and mortar anymore," Gutierrez said during a conference call to present the company's fourth quarter results. "If there is already any operation or a combination of the two companies, this will make
Brazilian retail chain considers 54 possible acquisitions and plans to open 150 new stores in 2021, CEO says