How Sainsbury’s is sharpening fashion and general merchandise amid ongoing food focus
As Sainsbury’s plans to expand its fresh food offering in more stores amid its ongoing food-focused strategy, Retail Week explores where fashion and general merchandise fit in and how they will benefit
Sainsbury’s reported yet another strong performance today, driven by the success of its food-first focus – sales were up 3.4% to £36.3bn and operating profit ahead by 4.3% to reach £966m.
Despite that grocery success, general merchandise sales edged up by a more modest 1.2% while clothing sales slipped 6.4%.
Already have an account? Sign in here