Sainsbury’s has reported a 2.3% fall in total retail sales (including fuel) in its first quarter trading statement for the 12 weeks to 6 June this year.
Sainsbury’s has reported a 2.3% fall in total retail sales (including fuel) in its first quarter trading statement for the 12 weeks to 6 June this year.
Like-for-like sales including fuel were down by 3.7%.
Chief executive Mike Coupe said: 'Trading conditions are still being impacted by strong levels of food deflation and a highly competitive pricing backdrop. These pressures, including the effect of our own targeted price investment, have led to a fall in like-for-like sales for the quarter.'
He added: 'Despite the challenging market conditions, we are confident that we are building on strong foundations and making good progress with our strategy.'