date:Jul 16, 2014
like-for-like sales growth accelerating to 14.1 percent from 13.6 percent in the first quarter.
If this economic downturn continues and people feel that they really have less to spend and we will see it in the customer data ... we are ready for this. If that happens, Lenta is quite well positioned, said Dunning.
We saw in June that competition with regards to promotional activities is growing. We feel that we are able to counter those promotions by good offers for our customers, he added.
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