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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Metro Int closes Stockholm paper

Free newspaper giant Metro International is to suspend the door-to-door distribution of the real estate edition Metro Bostad in Stockholm. The company's ceo, Per Mikael Jensen, explained that "the current price-pressured market in Stockholm is not supportive of the home-delivered, low-margin Metro Bostad concept." The move is part of the company's ongoing strategic review. So there may be more closures on the way. (Source: Metro International press release)

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