Sainsbury's supermarket reports rise in like-for like sales
Sainsbury's supermarket reports rise in like-for like sales
Wednesday 24th March 2010
Supermarket chain Sainsbury's has today reported its like-for-like sales for the full year were up 4.3 per cent, excluding fuel.Sainsbury's said it was serving more customers, with 19 million average weekly customer transactions across its nationwide stores.
Total sales for the fourth quarter were up 7.1 per cent, while there was gross space growth of 6.8 per cent in the full year.
Justin King, chief executive, said: "We've delivered another good performance in line with our expectations on top of strong growth last year.
"In the quarter we successfully relaunched 'Freefrom' and ‘Be Good To Yourself' and were proud to be confirmed as the world’s largest retailer of Fairtrade products by value."
During the last quarter, Sainsbury's said it opened six supermarkets and finished five extensions, creating some 1,500 new jobs.
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