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25/03/2009
Sainsbury's Sales Up
Sainsbury's boss Justin King has said 'basic' ranges helped boost the supermarket's sales during the first quarter of this year.
The firm reported sales in the fourth quarter of the financial year at stores open for at least a year rose 2.7%, or 6.2% excluding fuel.
Sales for the supermarket's 'basics' range grew by around 60%, which was bolstered by Sainsbury's campaign "feed your family for a fiver".
"People are spending perhaps more money with supermarkets, perhaps a little bit less from takeaways and restaurants," Chief Executive Justin King told the BBC.
New year sales proceeding the 21 March increased by 3.4%.
Competitor Morrisons had earlier posted a 7% increase in annual pre-tax profits to £655m and a rise of 7.9% in like-for-like sales excluding petrol on the year.
Waitrose said sales during the first five weeks of 2009 had increased by 5.2% to reach £4bn for the first time.
Sainsbury's reported a 4.5% rise in like-for-like sales over the Christmas period, while market leader Tesco said its sales rose 2.5% during that period.
(PR/BMcC)
The firm reported sales in the fourth quarter of the financial year at stores open for at least a year rose 2.7%, or 6.2% excluding fuel.
Sales for the supermarket's 'basics' range grew by around 60%, which was bolstered by Sainsbury's campaign "feed your family for a fiver".
"People are spending perhaps more money with supermarkets, perhaps a little bit less from takeaways and restaurants," Chief Executive Justin King told the BBC.
New year sales proceeding the 21 March increased by 3.4%.
Competitor Morrisons had earlier posted a 7% increase in annual pre-tax profits to £655m and a rise of 7.9% in like-for-like sales excluding petrol on the year.
Waitrose said sales during the first five weeks of 2009 had increased by 5.2% to reach £4bn for the first time.
Sainsbury's reported a 4.5% rise in like-for-like sales over the Christmas period, while market leader Tesco said its sales rose 2.5% during that period.
(PR/BMcC)
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Sainsbury's sales recovery continues
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Sainsbury's Post Fall In Profits
Sainsbury's has recorded a fall in its pre-tax profits for the year to 16 March, despite an increase in sales. In a letter to its shareholders, the supermarket added that conditions would likely "remain challenging" for the year ahead. For the year, profits dropped by 1.4% to £788m, while sales – including fuel – increased by 4.5% to £23.3bn.
Sainsbury's Post Fall In Profits
Sainsbury's has recorded a fall in its pre-tax profits for the year to 16 March, despite an increase in sales. In a letter to its shareholders, the supermarket added that conditions would likely "remain challenging" for the year ahead. For the year, profits dropped by 1.4% to £788m, while sales – including fuel – increased by 4.5% to £23.3bn.
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Sainsbury's Results 'Strong'
Supermarket chain Sainbury's enjoyed "record" like-for-like sales over the festive period, it was revealed today. In the 13 weeks proceeding 2 January, sales - minus new store openings - grew by 3.7%. Excluding fuel and VAT, like-for-like sales rose by 4.2%.
Sainsbury's Results 'Strong'
Supermarket chain Sainbury's enjoyed "record" like-for-like sales over the festive period, it was revealed today. In the 13 weeks proceeding 2 January, sales - minus new store openings - grew by 3.7%. Excluding fuel and VAT, like-for-like sales rose by 4.2%.
21 February 2014
ONS Figures Show Year-On-Year Increase In Retail Sales
New figures from the Office for National Statistics have revealed a 1.5% drop in retail sales in January, down from a pre-Christmas boost of 2.5% but still 4.4% up on January 2013. Comparing year-on-year figures for January there was an 8% increase in non-food sales, with sales of household good increasing by 9.
ONS Figures Show Year-On-Year Increase In Retail Sales
New figures from the Office for National Statistics have revealed a 1.5% drop in retail sales in January, down from a pre-Christmas boost of 2.5% but still 4.4% up on January 2013. Comparing year-on-year figures for January there was an 8% increase in non-food sales, with sales of household good increasing by 9.
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Quarterly sales flat in 'uncertain' consumer outlook
The latest figures for retail sales in the UK show that in the three months to January the seasonally adjusted index for retail sales remained flat and though the overall sales trend is on a par with the previous three months, the outlook remains uncertain.
Quarterly sales flat in 'uncertain' consumer outlook
The latest figures for retail sales in the UK show that in the three months to January the seasonally adjusted index for retail sales remained flat and though the overall sales trend is on a par with the previous three months, the outlook remains uncertain.
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