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Sainsbury’s sales fall at start of year
Sales have fallen at Sainsbury’s in the first nine weeks of the year.
Like-for-like sales fell by 0.5% in the period to 11 March.
However, newly-acquired Argos reported strong growth, as its sales rose 4.3%, resulting in a 0.3% increase across Sainsbury’s group as a whole.
The Supermarket’s chief executive, Mike Coupe, said the impact of rising cost pressures “remains uncertain”.
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