Recent Study: Retailing in Finland
The Finnish retailing industry faced great challenges in 2013 as the Finnish economy experienced a downturn and the unemployment rate continued to increase, limiting the customer purchasing power. Also, the VAT rates in Finland were increased in January 2013, which was seen as a challenge by the retailers which were already struggling with customers limiting their purchases. As a result, the total retailing value growth suffered and slowed down when compared to the recent years in the review...
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