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European retailers downbeat despite Black Friday boost

Por: CNBC Business November 28, 2022

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Retailers across Europe fear the overall Christmas trading season could be the worst in at least a decade as shoppers cut back, hit by double-digit inflation and soaring energy bills.Marcos del Mazo / Contributor / Getty ImagesEuropeans snapped up smartphones, Christmas decorations, sweaters and jewellery during a surge in shopping over the Black Friday weekend, though prospects for the festive season remained gloomy, retailers said.A survey of... + full article



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