May 12, 2024
Investors

Investors buy Brazil mall stocks but shun struggling retailers

By Bloomberg Published Jan 1, 2024 Brazilian malls are back in consumers’ good graces, rebounding from years of losses while the country’s retailers struggle to survive high debt loads and fierce online competition. Bloomberg Shares of Allos SA are up close to 60% this year, on track for their biggest annual jump since 2019. Peers

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