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Sainsbury’s first quarter sales growth slows

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Sainsbury’s like-for-like sales growth continued to gradual within the first quarter after the grocery store group reported a zero.2% rise.

The improve for the three months to June compares to zero.9% within the fourth quarter and 1.1% within the three months earlier than.

Chief govt Mike Coupe acknowledged that “the market remains competitive”.

But he acknowledged that Sainsbury’s merger with Asda will “create a more resilient and adaptable business for the future”.

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