Article
65,000 Small German Retail Stores Have Disappeared As Economic Downturn Hits Europe's 'Powerhouse'
65,000 Small German Retail Stores Have Disappeared As Economic Downturn Hits Europe's 'Powerhouse'
Via Remix News,
The number of small retail stores in Germany has declined drastically since 2010. According to a recent analysis by the credit agency Creditreform and the Handelsblatt Research Institute, there were 236,143 small retail stores with annual sales of less than €250,000 in 2010. For 2025, the sales tax statistics show only 170,770 such stores, a drop of 28 percent, reports Junge Freiheit.
Across all size categories, the number of stores shrank by only 16 percent during the...
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Summary:
A deal has been electronically signed, according to US officials cited by CNBC
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