Consumer spending in Spain is likely to fall by almost 10% over the holiday season this year, with the climate unlikely to improve substantially in 2010, according to new figures.
Deloitte, the consultancy, has predicted that expenditure levels in the country will decline by 9.1% over the festive period, compared with an average of 6.3% across Western Europe as a whole.
Miguel Angel Fraile, general secretary of the
Spanish Retailers Association, suggested that shoppers may be postponing making ...
Continue reading ...
In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document.
I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
