Summary
THE sales slide at furniture group MFI has accelerated, with the group complaining that its business has been hit by heavy advertising and promotional campaigns by rivals such as DFS, Argos and BQ.
Shares in the group slumped 12p to 147p today as chief executive John Hancock reported a 7% decline in like-for-like sales in its core UK retail chain between Boxing Day and 15 May.See the full content of this document
Extract
Mfi Slide Speeds Up As Rivals' Ads Bite
The fall over the early...
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