Refurbishment problems in German retail have somewhat subsided in the high-selling Christmas business. 62.2 percent of companies were still complaining about delivery bottlenecks in December, after 71.1 percent in November, the Munich Ifo institute announced in its survey. At the same time, pessimism among retailers regarding the coming months continued to decline.
“The relaxation comes at just the right time for many retailers,” said Klaus Wollrabe, head of Ifo surveys. However, there will still be gaps on the shelves.
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