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Sainsbury’s Q3 like-for-like sales down

The company opened 16 convenience stores during the three-month period and saw its biggest ever day for convenience sales on 24 December. Groceries online sales grew at nearly ten per cent and orders by 15 per cent. It now has 101 Click and Collect sites nationwide.

Sainsbury’s saw like-for-like sales (excluding fuel) fall by 0.4% for the 15 weeks to 9 January.

According to its third quarter trading statement total sales (excluding fuel) were up by 0.8%.

Chief executive Mike Coupe said: “We have traded well during the festive period in a highly competitive market. Our stores delivered excellent levels of service and availability and we launched several new seasonal products and range improvements. As a result we have seen our market share grow in the quarter.”

He also said that he expected like-for-like sales for the second half of the year to be better than the first.

The company opened 16 convenience stores during the three-month period and saw its biggest ever day for convenience sales on 24 December. Groceries online sales grew at nearly ten per cent and orders by 15 per cent. It now has 101 Click and Collect sites nationwide.

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