Sainsbury's sales continue to suffer in supermarket price war



Sainsbury's has posted a second consecutive quarterly fall in sales as it remains under pressure amid the bitter supermarket war and food price deflation.
Britain's second biggest supermarket, which recently completed a £1.4 billion takeover of Argos, reported a 1.1% drop in like-for-like sales excluding fuel for the second quarter.
Boss Mike Coupe said: "We continue to make progress against our strategy and, while like-for-like sales were down 1.1%, driven by food price deflation, we delivered like-for-like transaction growth across all channels and total volume growth."... read more

 
28 September 2016 in Regional East, Views: 24
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31