date:Aug 01, 2014
arning.
In Germany, Metro's Real has started to fight back against home-grown giants Aldi and Lidl by launching a range of own-brand basic budget items and revamping stores, helping like-for-like sales jump 5.1 percent in the quarter.
Metro's Media-Saturn group, which has been hamstrung by a power struggle with the chain's founder as it battles fierce competition from online retailers, also had a better quarter as shoppers upgraded televisions to watch the soccer World Cup.
CEO Koch told an a