Sainsbury's Sales Grow 4.1% rise in Fourth-Quarter
Despite the slowdown in consumer spending, Sainsbury's said it continues to see strong growth from non-food sales, thanks to its investment in developing its product ranges and infrastructure as well as increased space.
The supermarket giant, is set
to ring up annual profits of almost £500 million after strong
fourth-quarter numbers. It marks the chain's 13th consecutive quarter
of growth and rounds off a three-year recovery plan. The "Making
Sainsbury's Great Again" programme – established in March 2005
– has delivered £2.7 billion of sales growth over the
three-year period, compared with original hopes for a £2.5bn
gain.
Related news
Related news
The Hungarian Product trademark gives companies a sense of community and customers reliable quality
Professional cooperation based on mutual benefits enables businesses to overcome…
Read more >Péter Szautner joins the Bonafarm Group
Péter Szautner continues his career as Deputy CEO and Group…
Read more >Lidl and the Ministry of Agriculture announced: the domestic melon season has begun
The first shipment of watermelons from Hungarian suppliers has arrived…
Read more >