UK: Sales rise for Safeway but still lagging behind rivals
UK supermarket group Safeway today [Wednesday] reported like-for-like Q4 sales up 4.1% - a creditable effort but no match for larger rivals Sainsbury's and Tesco. Safeway group like-for-like sales for the year ended 30 March showed a 4.9% improvement, compared with 5.2% in the previous year. A spokesman said the slowdown in the second half was due to disruption at a number of outlets undergoing conversion to hypermarkets.
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 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- ABF on Brexit, M&A and grocery - interview
- Nestle unveils process to cut sugar by 40%
- Unilever focuses on "value" of spreads arm
- Japan's Nagatanien buys Chaucer Food Group
- Unilever sets new margin target with help from ZBB
- B&G acquires pasta sauce group Victoria Fine Foods