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Your email address will not be published.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

Job vacancies

Account Manager

Justerini & Brooks
London, UK

Cider Master

Emily Estate UK Ltd
Bruton, Somerset, GB

Senior Customer Marketing Manager

Conviviality Group
London or Bristol, UK

Customer Marketing Manager- 12 month FTC

Conviviality Direct
London, UK

PR Account Executive

Clementine Communications Ltd
Fulham, UK

Marketing Manager

Berkmann Wine Cellars
London, N7, UK

Brand Manager

Berkmann Wine Cellars
London, N7, UK

Sales Account Manager

Jascots Wine Merchants
London, UK

Marylebone Sales Manager

Philglas & Swiggot
Marylebone, London, UK

Area Sales Manager

Bon Coeur Fine Wines
North England, UK

Procurement Assistant – Wine

Adnams PLC
Southwold, UK

Account Manager Central London

Speciality Drinks Ltd
London, UK

Brand Ambassador

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Ltd
London, UK

Marketing Assistant

Hatch Mansfield
Ascot, Berkshire, UK

The Global Sparkling Masters 2017

Deadline : 25th August 2017

The Global Malbec Masters 2017

Deadline : 25th August 2017

The Global Sauvignon Blanc Masters 2017

Deadline : 1st September 2017

Global Chardonnay Masters 2017

Deadline : 8th September 2017

Click to view more

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.

The Global Organic Masters 2017

The drinks business is thrilled to announce the launch of The Global Organic Masters

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Click to view more