first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Share whatsapp whatsapp KCS-content ANALYST VIEWS: WHAT HAS CAUSED THE SLOWDOWN AT SAINSBURY’S? by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img Tags: NULL NICK BUBB | ARDENSainsbury’s was very pleased with itself for delivering 3.6 per cent like-for-like growth in its third-quarter, but once higher VAT and the benefit of store extensions were stripped out the performance wasn’t so impressive. We maintain a ‘weak Hold’ view. We would switch to Morrisons.CLIVE BLACK | SHORE CAPITALThe figures are indicative of how markedly and rapidly the UK consumer economy has declined in the first quarter of 2011. The read-through to the other food retailers is cautionary. It is not good. To my mind the clamp on consumer expenditure is creeping its way up the income scale.DAVE MCCARTHY | EVOLUTION SECURITIESConsumers under pressure, rising inflation and excess capacity are resulting in poor like-for-like sales. With the consumer facing falling disposable income, sales are being spread more thinly – hence the underlying negative like-for-like sales. Wednesday 23 March 2011 8:12 pm Show Comments ▼ last_img

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