date:Aug 02, 2013
German retailer Metro AG said second-quarter sales fell by 3.6% to 15.3 billion, as it struggled with tough economic conditions in Europe, ongoing weakness at its cash carry banner and a strike at its Real supermarket stores.
Metro recorded total sales of 15.3 billion for the second quarter, compared to 15.8 billion for the same period a year earlier, which had received a boost from the UEFA Euro 2012 championship according to the retailer.
Metro's cash carry division, the largest segment of