date:Apr 23, 2014
Dutch retailer and wholesaler Sligro Food Group has reported a fall in sales growth during the first quarter of the fiscal year as growing price competition looks to have taken its tole.
Despite maintaining sales volumes, Sligro said that the value of food retail sales fell by a worrying 4.4% during the first quarter, while sales at its supermarket brand Emt fell 2.7%.
The intensified price competition experienced in the fourth quarter of 2013 continued in the first quarter of this year, a co