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Sainsbury logo

It's good news for Sainsbury's over the period of April to October with profits up to 3.2% over the previous 6 months and sales were up 6% over the same period.

The Chief Executive, Sir Peter Davis, described the company's performance as "encouraging."

Sainsbury's the former UK number one retailer, overtaken by Tesco in 1995, is now nearly a year into a three year plan to restore itself to the prime position: given the turnaround over the last 12 months, it should be interesting to watch.

More good news for customers is that Sainsbury's plan to match rivals' aggressive price-cutting plans
during the peak Christmas trading period - excellent!



To view Sainsbury's history click here.


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