date:Jan 10, 2014
underlying profit towards the bottom of market expectations.
Sainsbury's eked out a 0.2 percent rise in third quarter like-for-like sales on Wednesday.
The big four are also being squeezed by hard discounters Aldi and Lidl, who both enjoyed record trading at Christmas, and upmarket grocers Waitrose and Marks Spencer, which on Thursday posted like-for-like food sales up 1.6 percent in its third quarter.
Tesco has suffered more than many rivals because it has traditionally sold a higher propor