date:Jan 14, 2014
German retailer has reported a sales drop of over 3% after being damaged by weak trading over the Christmas, as well as currency fluctuations.
The worlds fourth-largest retailer said sales for the three months to end-December were down 3.3% to 18.7 billion, but noted that adjusted for one-offs and currency effects, they grew by 1.1%, with like-for-like sales down 0.2%.
Olaf Koch (pictured), CEO of Metro, said; All in all, our new financial year got off to a solid start in spite of the still