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The transcript highlights the challenges faced by Brazil's retail sector , which has been affected by decreased purchasing power, rising costs, and high interest rates, resulting in store closures and job losses. Despite these difficulties, recent improvements are being observed as the sector adjusts to new consumer habits and benefits from a more favorable economic landscape. There has been a notable increase in the opening of new stores, particularly in e-commerce, leading to job creation in logistics rather than traditional retail roles. Overall, the outlook for the retail industry is becoming more optimistic, buoyed by the lowest unemployment rate in a decade and declining inflation, suggesting potential for sustainable growth.
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