European Retail Correspondent, Zurich
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Mar 3, 2014
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Feb 27, 2014
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Feb 26, 2014
Feb 26, 2014

Discount stores flourish as recession habits persist

BERLIN/LONDON (Reuters) – Mid-market retailers face pressure to compete on both price and quality as they battle an expansion of discount chains that is powering ahead as recession-era shopping habits become entrenched in post-crisis Europe.

The enduring appeal of a bargain has been highlighted by the success of budget fashion chain Primark, and the imminent London listings of fast-growing discounter B&M and Poundland, Europe’s largest single-price retailer.

Feb 26, 2014
Feb 26, 2014