Sainsbury's sees steady sales growth - ToyNews

Sainsbury's sees steady sales growth

Total sales up 4.3 per cent in Q2 as the grocer?s non-food offering grows.
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Sainsbury’s recorded a total sales growth of 4.3 per cent in the second quarter. In the same period like-for-like sales went up 1.9 per cent.

The growth of non-food increased its pace to around three times that of food and in the quarter passed, in which Sainsbury’s also enjoyed its biggest ever schoolware season.

Contributing to that total sales growth, Sainsbury’s opened five supermarkets, 28 convenience stores and two extensions, adding a total 267,000 sqaure-feet.

Sainsbury’s has opened 49 convenience stores in the half, averaging at one to two opened per week.

Online sales also grew 20 per cent year-on-year.

Chief exec Justin King said: “This has been a unique and special summer, during which we have delivered another quarter of good sales, outperforming the market in what remains a challenging retail environment. Our total sales are up 4.3 per cent, and like-for-like sales up 1.9 per cent.”

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