date:Jun 13, 2013
sure on food sales in core stores.
King said that stripping out the contribution of online and convenience, like-for-like sales in core stores were negative.
You must remember that our online sales are an in-store pick model, so as far as our stores are concerned that still represents growth and leverages that asset, he said.
Shares in Sainsbury's, up 26 percent over the last year, were up 0.4 percent at 364 pence at 0934 GMT, valuing the business at about 6.9 billion pounds ($10.8 billion).