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CHAMPION OF THE DAY
LEADERS NEWS
Why Lebanon's retailers are hurting this holiday season
albawaba
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Most years, the Christmas season tends to evoke images of merry shoppers going from store to store as they stock up on gifts for the holidays. But for many disheartened Lebanese merchants and businesses owners, the only images before them are those of empty stores and barren streets. As turmoil continues to plague the region, with the governments of Gulf Cooperation Council states still advising their nationals against travel to Lebanon, and the country still in the grips of an economic downturn, merry is not how merchants would describe this Christmas season according to this report in The Daily Star.
For yet another year, business during the holidays has proved anything but boisterous, disappointing merchants who count on the usually hectic season to make up for the lack of activity during the rest of the year.
Source: Albawaba
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Date Posted:
Dec 16, 2013
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