Partner Article

Sainsbury’s witness increase in sales

Sainsburys have witnessed an increase in sales, thanks to smaller convenience stores and online sales.

In the three months to 9 June, the supermarket chain saw a 1.4% increase in like-for-like sales excluding fuel on the previous period a year ago.

Sales in smaller shops increased by 16%, and online sales grew by 20%. “Strong sales” were also reported in the run-up to the Diamond Jubilee weekend.

Sainsburys have also seen a significant rise in non-food sales, which were found to be growing faster than food sales.

This news comes after competitor Tesco reported a 1.5% decline in sales in the 13 weeks to 26 May.

Commenting on the figures, Phil Dorrell director of retail consultants Retail remedy told the BBC: “These robust Sainsbury’s numbers are in stark contrast to those issued by Tesco earlier in the week. The two stores are going in entirely different directions.

This was posted in Bdaily's Members' News section by Ruth Mitchell .