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Metcash (OTCMKTS:MHTLY) Shares Up 4.2%

Metcash Limited (OTCMKTS:MHTLY – Get Rating)’s share price shot up 4.2% during mid-day trading on Wednesday . The stock traded as high as $10.88 and last traded at $10.88. 500 shares traded hands during trading, a decline of 33% from the average session volume of 747 shares. The stock had previously closed at $10.44. Metcash […] ....

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Sales up as shoppers stay local, says Metcash


Sales up as shoppers stay local, says Metcash
Pandemic pushes shoppers to stay local, with sales boosts across grocery, liquor and hardware, says Metcash.
Business
by ELI GREENBLAT
Premium Content
Subscriber only
Metcash has confirmed the shift to local and neighbourhood shopping that emerged in 2020 as the COVID-19 pandemic spread has continued into the new year across all its key pillars of grocery, liquor and hardware with the wholesaler reporting strong sales momentum for the first four months of 2021.
It comes as Metcash pledged to up its total spend on its store refurbishments, restructure and investment in its systems, saying it will spend $375m between fiscal 2022 and 2024. ....

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