Sainsbury’s like-for-like sales dropped 1.1 per cent in the during the 16 weeks to 24 September as it continues to face what boss Mike Coupe described as a “very competitive and dynamic environment.”
The retailer, which completed its £1.4bn buyout of Argos earlier this month, said that it had not been distracted by the sale and continued to pump investment into key areas such as the relaunch of its ‘On the Go’ range, click and collect and the opening of an additional nine convenience stores.
Coupe claimed that while sales are down, its internal metrics show that customer satisfaction up.
“It doesn’t feel Read full story ›
Source: The Drum
Industry News