If they build it, will Brazilians spend?

01/23/2013 | Reuters

Retailers in Brazil aim to come back from a lackluster 2012 with an aggressive plan to add new stores this year -- the nation's 40 largest retailers plan to open 720 stores in 2013, a plan some analysts question. Household consumption grew at its lowest rate in nine years in 2012, and household debt has doubled since 2005, leading some to doubt whether consumer spending will keep the country out of recession.

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