date:Mar 19, 2014
ast six months, were up 0.6 percent to 313.4 pence at 1135 GMT, valuing the business at about 5.9 billion pounds.
Whilst it is not losing out (to the discounters) to the same extent as its peers, we do not believe that Sainsbury's is blind to the challenge, said Shore Capital analyst Clive Black.
CUT AND THRUST
King said he disagreed with Morrisons CEO Dalton Philips who said last week the extent of change the discounters had prompted in the grocery market had not been seen since the late 195