Rio Retailers See Mixed Christmas Sales Results: Daily

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 Centro saw streets filled with bargain-hungry consumers.

While sales increased 8.5 percent in shopping malls from 2011 to 2012, the Brazilian Association of Shopping Retailers (ALSHOP) projected a more modest five percent rise in sales in 2013's . . .

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