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Sainsbury's delivers consistent growth

Sainsbury's announced earlier today that total sales for their Q3, were up 5.8% (6.8% excluding fuel), with like for like sales for Q3 up 4.2% (5.0% excluding fuel). Sainsbury's CEO Justin King said "We are pleased to have continued our good sales performance in the third quarter of the year and achieved record sales in the week before Christmas, serving over 20 million customers.

In the lead up to Christmas, we opened 8 new Supermarkets, including 5 acquired from Somerfield, completed 11 extensions and refurbished a further 7 Supermarkets.

Over the last 18 months, there has been a very significant increase in the volume of product being managed through the supply chain. As a result we are opening a new distribution centre in Northampton this summer and we are implementing a number of changes to mour existing centres, that will increase capacity and drive operating efficiency."

11 January 2007
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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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