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Department Stores Market in Germany to Grow at 4.09% CAGR
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The department stores market in Germany is projected to grow at a CAGR of 4.09% between 2022 and 2027, driven by rapid urbanization and increased consumer spending. The consumer electronics and electricals segment is expected to witness significant growth.
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How is the growing preference for e-commerce impacting the department stores market?
What factors are contributing to the rapid urbanization in Germany?
What strategies can businesses adopt to navigate the challenges identified in the report?
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