Europe's retailers brace for cutback this Christmas as inflation bites
trading down more to discounters
"In times of anxiety and worry, trying to do something for your loved ones, for your kids, buying them nice seasonal chocolates or biscuits is a very normal thing to do," he said.for the October reopening of its flagship store on Rue de la Paix in Paris. Another association Acotex expects retailers to offer slight discounts during the holiday season as consumer demand slows.
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