MELBOURNE, Feb 21 (Reuters) - Coles Myer Ltd. CML.AX, Australia’s largest retailer, missed market forecasts with a 3.1 percent rise in quarterly sales as intense competition and reduced service levels hit food and liquor sales, sending its shares down 5 percent.
MELBOURNE, Feb 21 (Reuters) - Coles Myer Ltd. CML.AX, Australia’s largest retailer, missed market forecasts with a 3.1 percent rise in quarterly sales as intense competition and reduced service levels hit food and liquor sales, sending its shares down 5 percent.
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