Magazine Luiza: e-commerce sales growth 2020-2023, by seller type
After growing nearly 131 percent due to physical store closures during the COVID-19 pandemic in 2020, Magazine Luiza's e-commerce sales slowed in the last years. While sales from its marketplace rose about 16.8 percent in 2023, those from its own inventory decreased 1.3 percent. Still, its online channel accounted for 72.3 percent of the company's total sales in 2023.
