Credit Quality For Benelux Retailers Set To Erode, However Food Outlook Positive: Moody's
Moody's has sad that the overall credit quality for retailers operating in the Benelux region could erode over the next 12 to 18 months, as slowing growth and rising competition start to bite.
According to a Moody's Investors Service report, softer macroeconomic conditions in Belgium, the Netherlands and Luxembourg looks set to curb consumer confidence, while faster growth within the online channels is likely influence shopper behaviour.
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