2nd Oct 2013 08:09
LONDON (Alliance News) - Respected and long-standing retail analyst Nick Bubb gives his thoughts on the Tesco and Sainsbury updates:
Nick Bubb @NickBubb1
Tesco not shouting about Europe, with LFL sales down 5% in H1. Losses in Turkey "increased significantly year-on-year"...
Strong Q2 from Sainsbury, with LFL sales up by 2.0% ex-petrol (and only 0.3% of that coming from store extensions)
Grocery Online sales growth of 15% at Sainsbury in Q2 and 13% at Tesco in their H1
By Steve McGrath; [email protected]; @SteveMcGrath1
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