J Sainsbury, Britain’s third-largest supermarket company, predicted a resumption of sales growth this year as it tracks price cuts by competitors and expands its online and convenience-store presence.
Sales at stores open at least a year in the year through March 2015 will rise at a “similar” pace to the previous 12 months, London-based Sainsbury said today, marking a turnaround from a 1.1 per cent drop in the second half of last year.
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