Sainsbury’s Reports Sales Fall For First Quarter
date:Jun 12, 2014
sales figures.

Convenience stores reported a 18% rise, while web-based sales increased by 10%.

Private label sales soared by almost 10%.

Sainsburys said it would continue to invest in its pricing.

It admitted it expected shoppers to remain cautious for the foreseeable future.

Sainsburys issued a warning in May saying it expected challenging times to come.

Outgoing chief executive Justin King said that Sainsburys would still outperform rival supermarkets over the full fiscal year.
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