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German retailers have had a poor Christmas shopping season, as slumping consumer sentiment drags sales down. “Unfortunately, business was significantly worse than in 2022 and did not provide much impetus,” Stefan Genth, Managing Director of the German Retail Association (HDE), told dpa. Two thirds of retailers are dissatisfied and complain about poorer sales than in the previous year, with only one in six saying they were satisfied. This is the result of a nationwide survey conducted by the association among more than 350 companies. Although Christmas business was already not good in 2022, Gen…

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