Market Report, "Retailing in Portugal", Published
In 2012 Portugal continued to fight against economic recession, and for another year Portuguese consumers were concerned about their personal situation. Fears over job security, tax increases, lower disposable incomes and cuts in government spending left consumers very reluctant to spend. This resulted in poor conditions for consumption, which had an impact on the markets in general and retailing in particular. The retail environment continued to see numerous closures in 2012, and value sales...
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