PEOPLE SHOPPING IN J SAINSBURY'S SUPERMARKET DURING THE CREDIT CRUNCH IN MILTON KEYNES
Image details
Contributor:
Geoffrey Robinson / Alamy Stock PhotoImage ID:
B5NA63File size:
50.1 MB (2.1 MB Compressed download)Releases:
Model - no | Property - noDo I need a release?Dimensions:
5128 x 3418 px | 43.4 x 28.9 cm | 17.1 x 11.4 inches | 300dpiDate taken:
1 November 2008Location:
MILTON KEYNES BUCKS ENGLAND UKMore information:
Britain's third-biggest supermarket group, Sainsbury's, has reported a rise in its half-yearly profits despite the worsening economic conditions. Underlying pre-tax profits for the six months to 4 October rose to £272m, up 13.3% on the same period last year. Like-for-like sales - which strip out the impact of new stores - were up by 3.9% from a year ago. The supermarket group said it expected the second half of the year to remain "particularly challenging". The profit figures were towards the top end of analysts' forecasts. Sainsbury's has now recorded 15 quarters of consecutive like-for-like sales growth, and it said its customer numbers were continuing to grow - with about 18 million customers a week.