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Casas Bahia independent probe finds no ICMS irregularities; MPSP probe ongoing
Valor Econômico·BR·2 days ago
Brazil's aging population, now 32 million people over 60 (15.6% of population), is reshaping retail strategy as this demographic accounts for ~20% of national private consumption (R$1.8-2 trillion annually), projected to reach 35% by 2044. This structural shift is prompting strip mall expansion targeting senior consumers, though the report is based on industry research and projections, not hard spending data.
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