Global Stock News

Sainsbury’s profits plunge despite large-scale price cuts and the introduction of new ‘Value’ brands – This is Money

post featured image

Sainsbury’s profits plunge despite large-scale price cuts and the introduction of new ‘Value’ brands – This is Money

Store closures, bad weather and stagnant sales have seen Sainsbury’s pre-tax profits drop by almost £100million in the six months to 21 September.
The fall comes in spite of the supermarket cutting prices for its 1,000 best-selling groceries, and launching n…

Click here to view the original article.

Share this article

Scroll to Top