UPDATE 1-Spain sends send chill through retail world

Newswire

(Adds detail, comments) By Sarah Morris and Andrew Hay MADRID, July 30 (Reuters) - Spanish retail sales suffered a record plunge in June as a severe economic slowdown hurt multinational retailers in what was until recently the world's fastest growing developed economy. Sales at Spanish stores ranging from supermarkets to cellphone shops fell 7.9 percent in calendar-adjusted terms from the year-earlier month, marking the worst performance since Spain began registering the results. It ...

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