Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Sainsbury’s Sees Sales Growth Lower In First Quarter

UK retailer Sainsbury’s has posted a marginal like-for-like sales increase of 0.2% in the first quarter of its financial year, with total retail sales (excluding fuel) rising by 0.8% for the period. 

The retailer, which is in the process of securing a merger with Asda, said that grocery sales grew by 0.5% for the quarter, with online groceries and convenience retailing up 7.3% and 3.6%, respectively. Its general-merchandise sales, embodied largely by the Argos chain, grew by 1.7%.

The like-for-like sales performance is lower than that recorded in previous quarters. In Q4, for example, Sainsbury’s posted a 0.9% sales increase, while, in the same quarter last year, sales were up 2.3%. 

PLEASE SUBSCRIBE OR SIGN IN TO CONTINUE READING

30 Day Free Trial

Try European Supermarket Magazine Premium

Enjoy full access to European Supermarket Magazine, our weekly
email news digest, access to all website and app content, and the latest digital
magazine for a full 30 days.

  • - Payment details required during trial sign up.
  • - You may cancel at any time up to the end of the 30-day trial period.
  • - If you continue after the trial perion, then the annual rate of €109+VAT will be debited.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days