Survey registered a 2.32% growth in 2018, and 50% of supermarket industry is planning to hire this year
Supermarkets’ revenue in 2018 has surpassed the previous five years, in the State of São Paulo. According to an APAS (Associação Paulista de Supermercados) study, the Supermarket Sales Index (SSI) has registered a growth of 2.32% when comparing to the twelve months of the preceding year.
In other words, all supermarkets in the state added up to R$ 103 billion and were responsible for over 5,000 new job positions, which is greater than 2015 and 2016. Even with a modest performance, considering the APAS forecast, supermarket industry is still one of the economy sectors that hires most.
For instance, about 20% of new hires in these companies are entering for the first time in the job market. The good news is that in 2019, half of supermarkets have the intention to hire new associates.
Supermarket’s owners and managers are focusing right now at the 2019 results. According to the APAS survey, their confidence index for this year is the highest since 2015; close to 52% are optimists.
Moreover, about the sector’s future perspectives, 90% of the supermarket industry believe that sales will grow during 2019 season. Even with an optimist forecast, APAS is basing itself on the modest numbers of 2018, avoiding bad surprises.
For that reason, the Associação Paulista de Supermercados is expecting a 2.7% to 3.1% growth in the sector’s revenue, totalizing R$ 105 billion in 2019. Regarding job offers, APAS believe that 9,000 new positions will be created and almost 545,000 workers will be employed by the supermarket industry.