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BEST OF TWITTER: Retail Analyst Nick Bubb Comments On Sainsbury, Tesco

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

Copyright 2013 Alliance News Limited. All Rights Reserved.


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