Sainsbury’s set for sales increase after price investment
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s is set to reveal stronger sales amid a continued boost from Nectar prices and discounter price-matching. In its previous update in July, the retailer said its grocery sales lifted 4.8% as the firm saw robust growth by volume in its first quarter amid a boost from the Euro 2024 football tournament. Earlier this week, Sainsbury’s also struck a deal to sell its Argos credit cards business for £720 million as it retreats from financial services. The agreement comes several months after Sainsbury’s struck a deal with NatWest to sell the bulk of its banking business, including personal loans, credit card balances and customer deposits.
History of this topic
Sainsbury’s boss: Budget costs for businesses will lead to higher inflation
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Sainsbury's boss warns barrage of Budget costs will lead to higher prices
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