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- Food
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- Electronics
- Beauty/Care
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Written by Johan Van Geyte

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Tobacco drags down Primera turnover

General24 July, 2014

Tobacco sales have suffered because of illegal import and because turnover has been lost to areas across the border as local tobacco taxes have increased.

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El Corte Inglés posted solid profit growth last year. Private labels and e-commerce in particular generated higher margins for the Spanish department store group, while fashion and hospitality were the physical drivers.

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