What the analysts says: Sainsbury's at head of retail pack
By Katy Askew | 9 January 2013
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to increase its market share during the key Christmas trading period. Sainsbury's star-performer was once again its own label offering and the group was upbeat on the success of its promotional strategy. However, when inflation and the contribution from store expansions is stripped out, the group saw sales volumes decline. With the likelihood that the 2013 competitive environment will remain tough, the challenge will be for Sainsbury's to maintain its growth momentum. Here is the City's verdict.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to increase its market share during the key Christmas trading period. Sainsbury's star-performer was once again its own label offering and the group was upbeat on the success of its promotional strategy. However, when inflation and the contribution from store expansions is stripped out, the group saw sales volumes decline. With the likelihood that the 2013 competitive environment will remain tough, the challenge will be for Sainsbury's to maintain its growth momentum. Here is the City's verdict.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
On the money: Asda: We offer clear prices, not gimmicks
Asda CEO Andy Clarke today (16 May) hit out at the "gimmicky" and "unsustainable" promotions of its rivals and said the UK grocer's "clarity" on prices was paying off.
UK: Sainsbury's extends Taste the Difference line
UK retailer Sainsbury's has extended its Taste the Difference own-label range with the launch of ten chilled ready meals.
Interview: Amy's Kitchen sets out international mission
Amy's Kitchen, the US frozen-food, organic and free-from business, is a quarter of a century old this year but there is a passion - almost a sense of mission - one would normally associate with a start-up. Dean Best spoke to co-owner Amy Berliner and European commercial director Damien Threadgold about the company's plans.
Market research related to this article
J Sainsbury plc - SWOT, Strategy and Corporate Finance Report
J Sainsbury plc - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and cor...
Sainsbury's | Verdict Company Briefing
A one-stop destination for unique data and opinion on Sainsbury's food & grocery, clothing & footwear and electricals offer. We assess performance, strategic direction and provide Verdict's view on its future....
J Sainsbury plc - SWOT Analysis
J Sainsbury plc - SWOT Analysis company profile is the essential source for top-level company data and information. J Sainsbury plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summa...
