Sainsbury's CEO: 'We're seeing a different shopping behaviour'
Sainsbury's has reported a rise in quarterly sales, driven by a growth at its local convenience stores and online business.
Its trading update reveals like-for-like sales - excluding fuel - in the quarter to 28 September, rose 2%.
Meanwhile, rival Tesco has reported a 23.5% drop in profits during the first half of its financial year.
Chief executive Justin King said: "We're seeing a very different shopping behaviour than we saw five years ago."
02 Oct 2013
- From the section Business