Cost of living in focus as Sainsbury’s set to reveal sales rise

Sainsbury’s is expected to provide an insight into the continued trajectory of food inflation in the update on November 2.

Bosses at Sainsbury’s are set to shed more light on how shoppers’ budgets are holding up ahead of Christmas in an update to investors next week.

It indicated it would prioritise improving prices for customers over higher profitability, as it seeks to maintain its market share amid fierce pressure from German discounters Aldi and Lidl. Shareholders will also be keen to hear about further progress in the company’s current cost-saving programme, which was launched to produce £1.3 billion in savings over three years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LBC /  🏆 17. in UK

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

West Lothian windfarm set to power every Sainsburys store in UKLonghill Burn at West Calder is now up and running
Read more »

Europe's LNG Imports Set To Surge By 30% In NovemberEurope's LNG imports are expected to soar by 30% in November amid higher demand at the start of the heating season.
Read more »

MBTA announces changes in service for November to improve systemThe MBTA announced that there will be changes in service in November for the Red, Orange and Haverhill lines. These changes will help the MBTA work to improve…
Read more »

Ark Survival Ascended suggests November console release in new trailerArk: Survival Evolved remake Ark: Survival Ascended showed off a new trailer today — and not just that, but a hint at when it'll come to consoles.
Read more »

Ark: Survival Ascended out today on PC, console release delayed to NovemberMatt Wales is a writer and gambolling summer child who won't even pretend to live a busily impressive life of dynamic go-getting for the purposes of this bio. He is the sole and founding member of the Birdo for President of Everything Society.
Read more »

27 Best Dating Sites & Apps According to Experts November 2023Dating sites are having a comeback, so we've found the best dating sites & best dating apps to find love, from free Plenty of Fish to e-Harmony.
Read more »