Issue 2012 June 05th

This issue was created on 2012-06-05 13:27:00

  • German consumer confidence rocked by SchelckerJune 5, 2012
Despite continuing growth in German retail sales, consumer confidence is likely to be rocked by the shock closure of ailing drugstore chain Schlecker. Although deals for international parts of the business have been secured or are being negotiated, the core German retail offer appears to be ready to close completely.
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