NEW YORK--(BUSINESS WIRE)--Weak macroeconomic performance in the Brazilian economy continues to pressure the cash generation of the retailers in the country, according to Fitch Ratings. Lackluster same store sales as a result of depressed demand and excessive promotions have been seen across the industry, pressuring retailer's businesses scale and operating margins. Deceleration signs observed in the sector since mid 2014 have deepened, as we expected. According to data from The Brazilian Insti
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