Sainsbury’s online trading boosts Christmas

11th January, 2017 by Arabella Mileham

Sainsbury’s added to the positive performance of the UK supermarket’s over Christmas, reporting like-for-like sales up in its third quarter and a strong online trading.

Sainsbury's pen

Read more: 

Majestic sees bumper Christmas

Prosecco fuels Aldi’s festive sales

Record Christmas for supermarket but inflation returns, Kantar says

Group chief executive Mike Couple said it was a record Christmas, with 30 million transactions and over £1 billion-worth of sale. Total retail sales excluding fuel rose 0.8% with like-for-like sales up 0.1%, and there was like-for-like transaction growth across all channels, and total volumes rose, but like-for-like volumes were flat.

It was online groceries and its convenience sector that proved were star performers, contributing 9% and 6% respectively – and analysts have hailed it as a “sound” Christmas for the retailer.

“The market remains very competitive and the impact of the devaluation of sterling remains uncertain. However, we are well placed to navigate the external environment and remain focused on delivering our strategy,” Coupe said.

Before Christmas, the retailer predicted sales of sparkling wines were expected to rise by around 500% on the Friday before Christmas to hit around 500,000 bottles, and Coupe pointed out the Blanc de Blanc Brut NV champagne was named Which? Best Buys this year.

City analysts Clive Black of Shore Capital noted it was a “sound Christmas” and although the supermarket was still under-performing against the retail market and losing share, its recent acquisition of Argos was opening new opportunities.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

New Business Development Manager Nordic

Concha Y Toro
Stockholm, Sweden

Experienced Administrator

The Drinks Business
Central London, UK

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

2 x Buying Assistants

Berry Bros. & Rudd
Battersea and Basingstoke, UK

Temporary Christmas Sales Support - Wines & Spirits

Harrods
Knighsbridge, London, UK

Head of Wholesale

Hispamerchants Ltd
London, UK

Sales Manager

Hispamerchants Ltd
London, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Drinks Business Green Awards 2017

London,United Kingdom
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017
Click to view more

Green Awards 2017

Deadline : 25th October 2017

The Global Riesling Masters 2017

Deadline : 30th October 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more