London, 02 March 2017-- Moody's Investors Service expects some European food retailers' credit quality to receive a shot in the arm from their overseas operations in 2017 as many emerging markets pull out of recession, driving grocery retail sales growth and pushing revenues and margins higher, says the rating agency in a report published today. "Economic recovery in emerging markets will be credit positive for European grocers with sizable operations in these regions, such as...
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