Article 67PVX Sainsbury’s sales rise as people turn to its Argos chain amid strikes

Sainsbury’s sales rise as people turn to its Argos chain amid strikes

by
Sarah Butler
from World news | The Guardian on (#67PVX)

Supermarket on track for profits at top end of forecasts after shoppers go all out for big Christmas dinner'

Shoppers going all out for a big Christmas dinner" and returning to Argos stores amid the rail and postal strikes have helped put Sainsbury's on track to achieve annual profits at the top end of expectations.

The UK's second-biggest supermarket said sales rose by 7.1% in the six weeks to 7 January compared with the same period in 2021 - ahead of the 5.2% average for the three-month period to the same date - as 50% more people visited its Argos outlets in supermarkets amid fears of delivery holdups.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments