Department stores have managed to control their customers' debts, but face the challenge of maintaining a healthy non-performing loan portfolio despite inflation.
In January and February, the sales of the chains associated with ANTAD were 1.2% below those registered in 2020, when there was still no confinement due to COVID-19.
The changes in the sector could generate an increase in costs that, together with inflation, will be factors that affect the recovery of the stores, said Vicente Yáñez, president of ANTAD.
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