date:Jun 14, 2012
market with store sales about 3% ahead of its key competitor Tesco UK, in the period, he said.
But Black warned:Sainsburys differential over Tesco may be starting to narrow and it is noteworthy that this statement included the Queens Diamond Jubilee, whereas Tescos did not albeit Sainsbury states that it had strong sales in the lead up to the Jubilee celebrations.
Good sales growth
Sainsbury's chief executive Justin King said:We have delivered good sales growth in the quarter, in line with o