British retailer Sainsbury (J) Plc (SBRY.L,JSAIY.PK) said its total sales for the third quarter grew 3.9 percent, as well as up 3.3 percent excluding fuel. On a like-for-like basis, quarterly sales climbed 1.5 percent, and it improved by 0.9 percent excluding fuel, which was on top of a very strong Christmas prior year.
According to the company, "The week before Christmas was our strongest trading week ever, with customer transactions exceeding 27 million. We saw a record breaking £16 million of sales in one hour between 12pm and 1pm on Sunday 23rd December and experienced our best ever Christmas Eve, at both our supermarket and convenience stores, with over £100 million of sales."
Sainsbury expects the challenging economic backdrop to persist, with customers looking to re-balance their household budget after the festivities and so spending cautiously in the first few months of 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.