Britain’s third largest supermarket chain, Sainsbury said first-half profit increased 5.4 per cent as the retailer’s Brand Match campaign helped attract cost-sensitive shoppers.
Underlying pretax profit rose above expectations to £373 million in the six months ended September 29th, the London-based retailer said today. First-half revenue excluding value-added tax rose 4 per cent to £12.2 billion, the company said.
Britons are seeking better value from retailers as living costs and inflation have increased,...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team