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Sainsbury’s delivers good news, but the market is not bowled over
Summary by Internet Retailing
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2 Articles
Sainsbury’s strong results show it’s ready for the omnichannel race - InternetRetailing
Sainsbury’s strong half-year results have seen retail sales increase by 5.2% and grocery sales rise 5.3%, outpacing the UK food and grocery market average of 4.1%. This marks its fifth consecutive year of volume growth ahead of the market, driven by initiatives such as Aldi Price Match, expanded Nectar Prices, and premium ranges like Taste the Difference Discovery. With operating profit hitting £504 million and profit guidance upgraded to over £…
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