British retailer Sainsbury's this week reported a 8.4% like-for-like increase in sales in the first half of its financial year, while operating profit from its retail business was up 2%, reflecting 'strong volume-driven grocery profit growth', the group said.
"We've never been more competitive on price and our focus on value, innovation and service is giving more customers more reasons to shop with us," commented Simon Roberts , chief executive.
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