By  on September 30, 2013

El Palacio de Hierro’s in-store home goods division is taking some bold steps to maintain solid sales in the face of a downtick in the Mexican economy.

“We plan to grow around 12 percent, but we had expected a higher increase this year,” the division’s director, Rodrigo Flores, acknowledged. He said first-half sales fell after a surprise slip in the nation’s economy sapped consumption.

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