n the past 28 weeks up to 14 September, Sainsbury’s recorded a 3.7% increase in underlying retail profits, totalling £503 million.
The supermarket has achieved significant market share gains, with grocery sales rising by 5% and a notable increase in their “Taste the Difference” range, up by 18%.
Investment in perceived value, amounting to £1 billion, has been a crucial factor in attracting consumers to Sainsbury’s for larger shopping excursions.
Sainsbury’s plans to expand further by opening up to 45 new stores, including recent acquisitions, to enhance their market presence.