Sainsbury’s said sales growth had slowed to 0.6% in the second three months of the period from 2.3% in the previous quarter. The catalogue shops boost grocery sales in their host supermarkets by 1% to 2% and those open for a year are seeing sales growth of 20%. Sainsbury’s intends to install 250 Argos outlets in its stores after buying the chain for £1.4bn last year. Coupe said grocery sales at Sainsbury’s established stores, including large supermarkets, were up over the half year after price cuts and improvements in the quality of its food. The group is also seeing strong growth in online grocery sales, convenience stores and in clothing, sales of which rose 7% over the half year.

Source: The Guardian November 09, 2017 19:36 UTC