date:May 07, 2013
Sainsbury's is benefiting from a rapid growth in sales online and in its convenience stores.
Food sales have also been boosted by a successful revamp of its own brand range and the launch of the Brand Match voucher scheme.
Sainsbury's could now overtake Asda this year to reclaim the position as the second biggest food retailer in the country behind Tesco. Sainsbury's lost the number two position to Asda in 2003, the year that the company announced Mr King would be its new chief executive.
Cit