March 19, 2020 / 8:40 PM / 2 months ago

Brazil's Lojas Renner to close stores in Brazil, Argentina and Uruguay indefinitely

SAO PAULO, March 19 (Reuters) - Brazil’s largest fast-fashion retailer Lojas Renner SA said on Thursday it will close all of its brick-and-mortar stores in Brazil, Argentina and Uruguay indefinitely as of March 20, in an effort to contain the spread of coronavirus.

In a securities filing, the company said its e-commerce platform will continue to operate in Brazil, but with a reduced number of employees. (Reporting by Gabriela Mello; Editing by Sandra Maler)

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