date:Dec 04, 2014
French retailers today issued a caveat to the nation's socialist government that its planned 50-per-cent elevation of the tax paid by retailers operating commercial surfaces of over 2,500 square metres could lead to enormous job cuts in the sector.
The French Retail Federation (FCD) said in a formal statement that retailers were freezing the implementation of contracts to recruit 30,000 people over three years while waiting for President Franois Hollande to axe the hike.
In attacking the retai