UK: Sainsbury's seen gaining market share as continued growth confounds analysts' expectations
Sir Peter Davis, chairman and CEO of the UK's second largest supermarket chain, Sainsbury's , revealed yesterday that strong sales growth during its third quarter meant that Sainsbury's could confound analysts' predictions of a slowdown in the supermarket sector. "We haven't seen any slowdown yet," said Davis, "and these are the most recent figures in the market."
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