date:Jan 09, 2014
British grocer J Sainsbury eked out a tiny rise in underlying sales in its Christmas quarter, with its rate of growth slowing significantly in a tough overall market.
The group, which trails market leader Tesco and is battling with Wal-Mart Stores' Asda to be the UK's No. 2 grocer, said on Wednesday sales at stores open over a year rose 0.2 percent, excluding fuel, in the 14 weeks to Jan. 4, its fiscal third quarter.
Though that was ahead of analysts' forecasts which ranged from flat to down 1