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Sainsbury’s cuts costs whereas taking market share from its rivals

Richard Hunter at interactive investor mentioned: “Keeping buying costs low has had a optimistic affect on the group’s market share, however after all this comes at a value to Sainsbury itself. Since March, for instance, the corporate has invested £118 million on worth reductions. The...

Food inflation is ‘starting to fall’, Sainsbury’s says

Sainsbury’s stated meals inflation is “starting to fall” because the grocery store group noticed gross sales boosted by financial institution holidays and hotter climate.The UK’s second largest grocery chain additionally stated gross sales volumes returned to development final 12 months, with customers shopping for...