What is Magazine Luiza SA (mGlu3 B3 day)?

Magazine Luiza develops big data, machine learning, and other technologies to remove friction from the retail process. Stock analysis for Magazine Luiza SA (MGLU3:B3 Day) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

What does Magazine Luiza do?

Magazine Luiza S/A operates a multichannel retail platform of mobile, website, and physical stores. The Company offers e-commerce services and retails a wide range of electronics, toys, power tools, and houseware products. Magazine Luiza develops big data, machine learning, and other technologies to remove friction from the retail process.

What is Luiza SA?

Data delayed at least 15 minutes, as of Oct 11 2023 21:07 BST. Magazine Luiza SA is a Brazil-based company principally engaged in the retail sector. The Company's activities are divided into four business lines: Retail, through physical stores and E-commerce sells various consumer goods,

Why is Magazine Luiza ‘canceled’ in Brazil?

The announcement ignited a national debate. Many conservatives in Brazil criticized the company, calling its policy racist, while many on the left cheered it on. “We were ‘canceled’ on social media, even by congressmen,” said Frederico Trajano, Magazine Luiza’s chief executive. Yet since then, similar policies in Brazil “have taken off,” he said.