Sainsbury’s Slowing Numbers Make Asda Deal Even More Compelling

Source: Sainsbury's, Wednesday, Jul 4, 2018

Sainsbury’s like-for-likescame in at 0.2% in the first quarter despite significant price cuts during the period. Overall sales were 0.8% ahead, with grocery revenues gaining 0.5%. Grocery ecommerce and convenience added 7.3% and 3.6% growth respectively.