Simon Roberts commented on the recent Autumn Budget stating, "The unexpected barrage of costs will lead to a higher level of inflation." This reflects concerns over the looming financial pressure on the supermarket sector.
In addressing the potential future financial challenges, Roberts urged, "I urge the Government to look at bringing forward changes to business rates sooner to help the industry," emphasizing the need for timely governmental support.
Roberts acknowledged the positive aspect of their food business, stating, "Our food business is going from strength to strength... with continued strong volume growth. More customers are coming to us for their big food shop," underlining market share gains.
As the festive season approaches, Roberts expressed optimism: "There is real energy and excitement at Sainsbury's and Argos and we're expecting another strong performance," indicating confidence in upcoming sales despite economic pressures.
Collection
[
|
...
]