Sainsbury's Hails Highest Market Share for Nearly a Decade
- Sainsbury's reported a 4.9% increase in total sales, excluding fuel, for the 16 weeks to June 21.
- Sainsbury's achieved its highest market share since 2016 and has grown its share for three consecutive years.
- CEO Simon Roberts emphasized the importance of providing great value and improving prices against competitors.
- Sales for Taste the Difference fresh food rose by 20%, boosted by customers purchasing picnic and deli products in favorable weather.
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Sainsbury’s: Highest market share since 2016
Food prices pushed up by hot weather hitting harvest yields, say UK retailersThe British Retail Consortium (BRC) said rising fruit and vegetable prices had contributed to a jump in food price inflation in June, while retailers also passed on tax rises and employment costs to consumers. Drawing a direct…
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