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Tuesday, November 11, 2008

Turkish retailers sacrifice profits to beat crisis | Industries | Consumer Goods & Retail | Reuters

"Turkish retailers sacrifice profits to beat crisis

By Daren Butler

ISTANBUL, Nov 11 (Reuters) - Turkish retailers are resorting to deep discounts, sacrificing profits to protect market share as a sharp economic slowdown puts the brakes on Turkey's fast-growing retail sector, a sector group said on Tuesday."

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