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BREAKING NEWS

Metro's sales fall

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Metro's sales fall

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German retailer Metro’s sales and profits fell during the second-quarter.The world’s fourth largest retailer saw revenue declined by almost four percent to 15.3 billion euros. Chief executive Eckhard Cordes said: “In Western Europe we see possible signs of stabilisation” but added it would not be prudent to talk about “green shoots” and sales will likely fall further in the coming months.