Sainsbury’s first-quarter sales climb as digital revenue more than doubles
Sainsbury’s has posted a rise in its first-quarter sales spurred by strong online growth as new boss Simon Roberts says the grocery business has “changed fundamentally”.
The supermarket chain posted an 8.5% uplift in overall sales excluding fuel in the 16 weeks to June 27, with like-for-like sales up 8.2%.
Sainsbury’s grocery sales rose 10.5% during the period while general merchandise sales increased 7.2%, bolstered by a 10.7% uplift in Argos sales.
By contrast, the grocer’s clothing sale slumped 26.7% during the period.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.