THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Omnichannel Futures 2025
Retail HR Central 2025
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Sainsbury’s sales decline in first quarter

Sainsbury’s has posted a 1.6% decline in like-for-like sales in its first quarter. Grocery sales edged down 0.5% although the retailer said its food performance improved… View Article

FOOD AND DRINK NEWS UK

Sainsbury’s sales decline in first quarter

Sainsbury’s has posted a 1.6% decline in like-for-like sales in its first quarter.

Grocery sales edged down 0.5% although the retailer said its food performance improved in the period relative to the market.

Meanwhile, general merchandise and clothing sales dropped by 3.1% and 4.5% respectively. Sales in the categories were affected by poor weather conditions and what Sainsbury’s described as a tough market.

However, the supermarket’s convenience and online channels both grew in the quarter with respective uplifts of 1.5% and 5.1%.

Mike Coupe, Sainsbury’s chief executive, said: “We continue to adapt our business to changing shopping habits and made good progress in a challenging market.

“We will invest in 400 supermarkets this year, including adding an enhanced beauty offer in 100 stores. We are accelerating investment in technology: 148 supermarkets now have SmartShop self-scan, 206 Argos stores offer Pay@Browse and we upgraded 29 more Argos stores to digital formats, all helping to make shopping with us quicker and easier.

“In May, we celebrated Sainsbury’s 150th birthday. Our focus on giving customers high quality products at good value remains as true today as it was 150 years ago.”

 

 

Subscribe For Retail News