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Sainsbury's profits rocket as home range rolls on

Published: 25 March 2009
Sainsbury's fourth quarter trading statement for the 11 weeks to March 21 shows sales still rising for the supermarket.
Sainsbury's profits rocket as home range rolls on
Like-for-like (lfl) sales for fourth quarter up 2.7% - although this figure is 6.2& excluding fuel.

Sainsbury's chief executive, Justin King, said: "Non-food sales continue to grow strongly.

"We have grown our market share in clothing with Tu clothing now available in 290 stores and have accelerated the roll out of the Tu Home range.

"Our online home shopping service continued to perform well with sales growth of over 20 per cent in the quarter."

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