UK: Somerfield says same-store sales fell in last part of Q1
UK food retailer Somerfield has said its same-store sales dropped in the last part of its first quarter. The company, which rejected a takeover approach in June, said like-for-like sales slid 0.2% during the seven-week period to 16 August, reported Reuters. Like-for-like sales at its Somerfield stores increased 3.2% during the period, but its discount chain Kwik Save posted a 4.7% fall in sales on a like-for-like basis.
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