UK: Safeway posts 4.1% growth in like-for-like Q3s
Britain's fourth-largest supermarket chain Safeway today [Tuesday] posted a 4.1% growth in its like-for-like Q3 sales, but its performance during the Christmas trading period lagged sector rivals. Sales growth for the first 12 weeks of Safeway's second half, ended 5 January, was at the lower end of analyst expectations of 4-5% growth. Third quarter like-for-like volume growth meanwhile accelerated to 5.4% from 4.3% in the second quarter, after disinflation of 1.3%, according to a statement by the chain.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Interview: Sir Kensington's on sale to Unilever
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Nestle Q1 update: four things to learn
- Analysis: Post discusses rationale for Weetabix
- Tyson shops Sara Lee bakery, Kettle and Van's
- Unilever buys US condiments maker Sir Kensington's
- Nestle to cut UK confectionery jobs
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre