Tag: underperformed

Sainsbury’s clothing ops underperformed last year

Supermarkets giant Sainsbury’s delivered its annual results on Thursday and while it has slightly scaled back its enthusiastic dive into the fashion sector, the category remains important to it, although sales fell during the year. Sainsbury’s Group total sales rose 3.4% to £36.337 billion with retail sales up 6.8% at £30.615 billion. But pre-tax profit [...]read moreSainsbury’s clothing ops underperformed last year