Sainsbury's has reached its highest market share in almost a decade, posting a 4.9% sales increase in the first quarter. Warm weather and the cyber-attack on M&S drove customers to Sainsbury's, significantly boosting lunchtime sales. Grocery sales grew by 5%, while clothing and general merchandise saw a 4.2% rise, with Argos reporting a 4.4% increase. Simon Roberts, the chief executive, highlighted the importance of competitive pricing and announced further savings for customers through an extensive Aldi price match commitment.
Sainsbury's reported the highest market share in almost a decade, with a 4.9% sales increase in the first quarter. Grocery sales rose 5%.
The warm weather and the cyber-attack on M&S led customers to turn to Sainsbury's, significantly boosting their lunchtime food sales during this period.
Chief executive Simon Roberts emphasized the importance of providing consistently great value and highlighted Sainsbury’s competitive pricing improvements against key competitors.
Roberts mentioned, 'We're offering even more opportunities for customers to save on the items they buy most often through the biggest Aldi price match commitment.'
In the 16 weeks to June 21, clothing and general merchandise increased by 4.2% and Argos sales went up by 4.4%.
Collection
[
|
...
]