New Market Research Report: Vending in Greece
In 2012 the vending channel saw a negative performance as a result of increasing competition from other retail channels. The recession, which hit the Greek economy even harder during 2011 and 2012, has had a substantially negative effect on the channel. Consumers adjusted their purchasing habits to make savings where possible as their disposable incomes fell. This impacted on a channel that tends to rely on sales coming from a consumer desire for an indulgent treat and requires the means...
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