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Sainsbury's Sales Dip

  • The Drum, Wednesday, September 28, 2016 6:53 AM

Sainsbury's like-for-like sales dropped 1.1% during the 16 weeks to 24 September as it continues to face what boss Mike Coupe described as a "very competitive and dynamic environment." The retailer, which completed its GBP1.4bn buyout of Argos earlier this month, said it had not been distracted by the sale and continued to pump investment into key areas.

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