The verdict from the City: Sainsbury's trading update
The UK's third-largest retailer said today (13 June) it was continuing to perform better than the rest of the market after another increase in underlying quarterly sales. However, shares in Sainsbury's fell after the company's sales missed City forecasts and there are some concerns increased competition from the likes of Tesco could erode the gains the retailer has made in recent months.
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 14 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
- Focus: Danone CEO Faber puts stamp on business
- Cleaning up Tesco will have mixed supplier impact
- The just-food interview: Doux CEO Arnaud Marion
- General Mills US "priority" categories gain share
- 2015 preview: A better deal for M&A sellers
- General Mills outlines "aggressive" NPD drive
- Coles supplier payments broke competition law
- Lay's heads "billionaire food brands" list
- PepsiCo opens snacks plant in Saudi Arabia
- General Mills earnings drop one-third