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Sainsbury’s releases fourth quarter trading statement

Sainsbury’s has reported a 0.1% increase in total retail sales (excluding fuel) for the fourth quarter of its financial year.

Sainsbury’s has reported a 0.1% increase in total retail sales (excluding fuel) for the fourth quarter of its financial year.

Like-for-like retail sales (excluding fuel) were down by 0.5% in the nine weeks ending 11th March.

Combined Sainsbury’s and Argos like-for-like sales grew by 0.3 per cent (excluding  fuel).

Chief executive Mike Coupe said: 'We are pleased with this performance and are making good progress against our key priorities.”

“The market remains very competitive and the impact of cost price pressures remains uncertain. However, we are well placed to navigate the external environment and remain focused on delivering our strategy.”

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

The drive for effective decarbonisation – Daikin’s VRV R32 heat recovery solution

To drive the decarbonisation of buildings forward, new systems should reduce both the direct and indirect CO2eq impact. Daikin has focussed on maximising operational efficiency in real life conditions, minimising the impact. The new solution ...

  30-Jun-2022

If you need to open a solenoid valve manually, you need a SVOM!

"THE SMALL TOOL WITH A BIG ATTRACTION" Available from Refrigeration Wholesalers If you would like to become a distributor please contact sales@fridgenius.co.uk
  30-Jun-2022
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