Mar 16, 2017

Sainsbury's sales fall for first nine weeks of the year

The supermarket's like-for-like sales, which strip out new stores, fell by 0.5% in the period to 11 March. Argos sales rose 4.3%, resulting in a 0.3% increase across the Sainsbury's group as a whole. Mike Coupe, chief executive, said the impact of rising cost pressures "Remains uncertain".

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