Retailers turnover shows small growth

Moody’s expect a growth of 2% in the upcoming 12 to 18 months for retailers. This would be the best result in Europe. Retailers profit of the increased sales of houses. Low-cost-shops profit as well do to the changed mentality as a result of the crisis. The shoppingbehavior is not expected to return to a pre-crisis state despite the increase in buying power, hower luxury goods, food and holiday spendings will grow.