Renner Invests R$ 1.2 Billion In Building A New Distribution Center In São Paulo

Written by Roberta Souza

Published on 14/10/2021 at 16:53

Centro de distribuição/ Fonte: Vera Zaffari

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The New Distribution Center That Received Investments From Renner Is Located In The City Of Cabreúva, In The State Of São Paulo

Renner Stores has completed the construction of a new distribution center (DC) in Cabreúva, in the state of São Paulo. Expected to start operating in 2022, the new center spans 150,000 square meters and is the result of a BRL 1.2 billion investment, aimed at accelerating the online business of the fashion retailer, especially the marketplace. Read this news as well: New BRL 70 million Distribution Center In Pernambuco Will Open More Than 650 New Job Positions

Investments In The New Distribution Center

For Pedro Pereira, the supply director of the fashion retailer, the new distribution center of Renner in the city of Cabreúva, in the state of São Paulo, can boost the growth of the marketplace, which currently has just over 50 partner sellers, compared to 440 for rival C&A. “The expectation is to boost online sales. The new distribution center was designed in line with our omnichannel strategy (selling through multiple channels) and, therefore, already includes the most current technology to optimize both store replenishment and delivery to customers’ homes,” says Fabio Faccio, president of Renner. According to the executive, the new DC will support Renner’s growth until 2035.

Of the BRL 1.2 billion invested in the new distribution center, BRL 750 million comes from Renner itself, and the remaining BRL 520 million is sourced from a contribution by Kinea Investimentos, an investment management company of Itaú. In addition to the DC in Cabreúva, Renner has Distribution Centers in Santa Cruz, in Rio de Janeiro, and also in São José, in Santa Catarina.

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Renner Invests In New Technologies

According to information published in the newspaper, O Estado de São Paulo, of the BRL 1.2 billion invested in the new distribution center, BRL 453 million will be allocated to technology, including the purchase of 312 robots for storing boxes and clothing. This investment in technology by Renner will be crucial, according to the executives, to create an efficient system to start receiving items from third parties, which will be made available on the marketplace.

So far, in 2021, the retailer’s shares have accumulated a 20% drop. To reverse this situation, Renner aims to become more agile, with one of the goals due to the new distribution center being a 50% reduction in the time required for replenishing the company’s stores, focusing the distribution coming from Santa Catarina on the still small store expansions into Argentina and Uruguay.

Also Check: 1,400 Job Positions Will Be Generated With The Construction Of A New Distribution Center In São Paulo

The mayor of the city of Taboão da Serra, in the metropolitan region of São Paulo, announced that the company GLP, a global leader in investment management and logistics business development, will build a new distribution center that will create 1,400 direct jobs in the city. The logistics company’s center will have 130,000 m² for rental warehouses. The agreement with the Taboão da Serra city hall also provides for the preservation of an environmental area with the preservation of streams and springs. Road improvements and environmental and urban compensations are also planned.

The mayor of Taboão da Serra stated that the city in the state of São Paulo was chosen to house the enterprise due to its privileged location and availability of labor, resulting in various road improvements, environmental and urban compensations, in addition to generating income and 1,400 direct jobs.

Renner Invests R$ 1.2 Billion In Building A New Distribution Center In São Paulo

The New Distribution Center That Received Investments From Renner Is Located In The City Of Cabreúva, In The State Of São Paulo

Investments In The New Distribution Center

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Renner Invests R$ 1.2 Billion In Building A New Distribution Center In São Paulo

The New Distribution Center That Received Investments From Renner Is Located In The City Of Cabreúva, In The State Of São Paulo

Investments In The New Distribution Center

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