Jul17
Brazil Consumers Draw Retail to Smaller Cities
on July 17th, 2008 at 7:57 amPosted In: News & Articles
Brazilians’ biggest shopping spree since 2001, fueled by rising wages and credit, is drawing investments to smaller cities as retailers chase consumers outside of Sao Paulo and Rio de Janeiro. Macae, a former fishing village that’s now the base for Brazil’s offshore oil production, will open its first mall in September, meaning its 169,000 residents […] ↓ Read the rest of this entry…
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