Strong performance from Sainsbury’s
Eighth consecutive quarter of like-for-like sales growth.
Total sales for quarter three up 5.8 per cent (6.8 per cent excluding fuel)Like-for-like sales for quarter three up 4.2 per cent (5.0 per cent excluding fuel). Justin King, chief executive, said: “We are pleased to have continued our good sales performance in the third quarter of the year and achieved record sales in the week before Christmas, serving over 20 million customers.”In the lead up to Christmas we opened eight new supermarkets, including five acquired from Somerfield, completed 11 extensions and refurbished a further seven supermarkets. “Over the last 18 months there has seen a very significant increase in the volume of product being managed through the supply chain. As a result we will be opening a new distribution centre in Northampton this summer and we are implementing a number of changes to our existing centres that will increase capacity and drive operating efficiency.”
