Sainsbury's Records Another Fall In Sales

Supermarket giant Sainsbury's saw like-for-like sales fall 1.9% in the last quarter, excluding fuel.

It is the fifth consecutive quarterly drop recorded by the retail chain, and is down on the 1.7% fall in the previous period.

Chief executive Mike Coupe said: "The trading environment remains challenging and the decisions we have taken to improve our competitiveness are reflected in our quarterly performance."

And he went on in the firm's trading statement: "We expect the market to remain challenging for the forseeable future.

"Food deflation is likely to persist for the rest of this calendar year, and competitive pressures on price will continue."

More follows...

Anda sedang membaca artikel tentang

Sainsbury's Records Another Fall In Sales

Dengan url

https://raskindollar.blogspot.com/2015/03/sainsburys-records-another-fall-in-sales.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Sainsbury's Records Another Fall In Sales

namun jangan lupa untuk meletakkan link

Sainsbury's Records Another Fall In Sales

sebagai sumbernya