Sainsbury's Counters Slump by Cashing in On World Cup ; Sin Barry Business Editor Sion.Barry@Walesonline.Co.Uk Supermarket Boosts Poor Sales with Vuvuzela Horns

Western MailJune 17, 2010

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Summary


SUPERMARKET Sainsbury's has become the latest casualty of sliding food inflation as sales growth stuttered in its latest quarter.

Like-for-like sales excluding petrol at the UK's third biggest grocer eased to 1.1% in the 12 weeks to June 12, although the firm reported a "good start" to the new year.

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Sainsbury's Counters Slump by Cashing in On World Cup ; Sin Barry Business Editor Sion.Barry@Walesonline.Co.Uk Supermarket Boosts Poor Sales with Vuvuzela Horns

The figures - which include higher VAT - match the 1.1% sales growth reported by market leader Tesco as firms stru...

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