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Royal Mail Sees Email Cutting Into Letter Market
- The Courier, Wednesday, July 22, 2015 10:28 AM
Royal Mail, a postal service company in the United Kingdom, is seeing revenues fall this year as email takes a bite out of the parcel business. The company reported that it failed to grow sales in the first three months of its financial year as the number of letters delivered fell 5 percent and sales dropped 4 percent in the quarter that ended June 28. The company attributed the difficulties in the drop off in mail as email eats into the traditional mail marketplace.
