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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The retail sector in Brazil registered last year the worst decline in sales since the historic data series started, in 2001. According to Brazil’s IBGE (Statistics Bureau), retail sales fell...
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Retailers in the city of Rio reported mixed results during the last shopping weekend before Christmas this year. Shopping malls saw lower sales than last year as shops in...
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