Home / Knowledge / News / Apparel/Garments / Sainsbury's Q2 FY'14 sales up 2.5 %
Sainsbury's Q2 FY'14 sales up 2.5 %
08
Jan '14
Sainsbury reports second quarter trading statement for the 14 weeks to 4 January 2014.

- Total sales for third quarter up 2.5 per cent (2.7 per cent excluding fuel)

- Like-for-like sales for third quarter flat (0.2 per cent excluding fuel)

- 28 million customer transactions in the seven day run up to Christmas

- Strong sales growth in Taste the Difference over the Christmas period

Justin King, Chief Executive, said: "This quarter has been characterised by a very tough sales environment throughout October and November, with customers saving up in order to treat their families over the Christmas period. However, we saw strong sales in the key period over Christmas, helping record numbers of customers to Live Well for Less. Like-for-like sales excluding fuel of 0.2 per cent, coupled with a strong contribution from new space, led to our best Christmas ever.

As ever, our colleagues did a fantastic job of looking after our customers during the busiest time of the year. The seven days prior to Christmas was our busiest ever trading week, with more than 28 million transactions.

Monday 23 December was the busiest day and saw our biggest trading hour, with customers spending nearly £17 million. Also on the 23, Stanway in Essex was our first ever store to take £1 million in sales in one day. Our customers continue to see the benefits of our loyalty scheme, choosing to redeem over £120 million worth of Nectar points to help with the cost of their Christmas shop, a nine per cent increase year-on-year. 

Our general merchandise and clothing business achieved record levels of market share. We are now the UK’s sixth largest retailer of homeware by value and the eleventh largest retailer of clothing by value. This year saw strong growth of over 25 per cent in Tableware and nearly 30 per cent in Gifting and we sold more than a quarter of a million Christmas jumpers and more than 300,000 onesies.

Click here to read full results

Sainsbury's

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search