Sales continue to slide at Ottakar's, but sees some improvement

<p>Sales at Ottakar's have continued to fall, according to a trading statement put out by the bookseller. During the sixteen weeks to 20th May 2006, sales were 4.0% lower when compared with the same period last year. Like-for-like sales were down 8.0%. However, the group claimed that "recent figures" suggested that the slow start to the year may be improving.</p><p>Ottakar's confirmed that it was still in discussions with HMV following the larger group's bid for the business last week. Ottakar's said that it was "keen to finalise any discussions as quickly as possible".</p><p>Ottakar's admi...

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