Sainsbury’s sales growth slows as poor weather hits non-food ranges

Euro 24 lifts TV sales at Argos but purchases of clothing, paddling pools and garden furniture fallBusiness live – latest updatesSainsbury’s has said sales growth slowed in recent weeks as food inflation eased and as consumers shop “more cautiously” amid poor weather and the cost of living crisis.Sales at established stores rose 3% in the three months to 22 June compared with a rise of 4.8% in the previous quarter, excluding fuel and the impact of the closure of the group’s Irish Argos stores. Continue reading...

Jul 2, 2024 - 16:30
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Sainsbury’s sales growth slows as poor weather hits non-food ranges

Euro 24 lifts TV sales at Argos but purchases of clothing, paddling pools and garden furniture fall

Sainsbury’s has said sales growth slowed in recent weeks as food inflation eased and as consumers shop “more cautiously” amid poor weather and the cost of living crisis.

Sales at established stores rose 3% in the three months to 22 June compared with a rise of 4.8% in the previous quarter, excluding fuel and the impact of the closure of the group’s Irish Argos stores. Continue reading...

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