1. International

Sainsbury’s reports positive first half performance

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Sainsbury’s, the UK’s second largest supermarket, has announced its first half results today (2 November) showing like-for-like sales (excluding fuel) up 8.4%. The group’s grocery sales are up 10.1% and strong results for its convenience Local format were also reported. The group now expects FY23/24 underlying profit before tax of between £670m and £700m, raising …

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Established in 2007, TalkingRetail.com brings you the latest news, analysis and information across the UK convenience and independent grocery retail sectors. Sister publication Independent Retail News is a monthly magazine for owners of independent convenience stores. Originally launched as Independent Grocer in 1981, the magazine changed its name to Independent Retail News in 1995. It provides must-have information that helps in the day-to-day running of stores and keeps readers up-to-date with the latest news and product information. The publications are brought to you by Metropolis Business Media, which also runs a number of leading annual awards events including The Retail Industry Awards, The Quality Food Awards and The Quality Drinks Awards. These prestigious ceremonies recognize the top performers across both the independent and multiple sectors, and are judged by a highly respected and influential group of independent top industry judges. https://www.talkingretail.com/
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