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Sainsbury's report rise in sales as market share rises | Sainsbury's report rise in sales as market share rises |
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Sainsbury's has reported a rise in UK sales over the last three months. | Sainsbury's has reported a rise in UK sales over the last three months. |
UK sales, excluding fuel and ignoring changes in store space, rose by 0.7% in the 12 weeks to 8 June from a year earlier. Its market share is up 0.2% to 16.8% in the same period. | |
The firm said sales at its convenience stores have risen by a fifth. | |
Chief executive Justin King called the figures: "A solid performance in what continues to be a tough consumer environment." | |
"We have extended our track record to 34 quarters of like-for-like growth. We are the only major supermarket growing market share," added Mr King. | "We have extended our track record to 34 quarters of like-for-like growth. We are the only major supermarket growing market share," added Mr King. |
The supermarket says it plans to open two new convenience stores each week during 2013. | The supermarket says it plans to open two new convenience stores each week during 2013. |
Sainsbury's says non-food sales are growing at twice the rate of food, with sales of kitchen appliances in particular, increasing by 34% since last year. | Sainsbury's says non-food sales are growing at twice the rate of food, with sales of kitchen appliances in particular, increasing by 34% since last year. |
Unlike rivals Tesco and Asda, Sainsbury's has not been implicated in the horsemeat scandal, with none of its products testing positive for horse DNA. | Unlike rivals Tesco and Asda, Sainsbury's has not been implicated in the horsemeat scandal, with none of its products testing positive for horse DNA. |
The company says that its luxury Taste the Difference brand now accounts for £1bn of its sales. | The company says that its luxury Taste the Difference brand now accounts for £1bn of its sales. |