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Evening Standard
Evening Standard
Business
Simon English

Customers are “watching every penny” says Sainsbury boss as sales tumble

Sainsbury’s chief executive Simon Roberts has said the grocery chain will continue to pump funds into offsetting rising costs over the rest of the year (PA)

(Picture: PA Archive)

SAINSBURY’S today warned that customers are “watching every penny” as the cost-of-living squeeze tightens and warned it will get worse from here.

It saw sales down 2.4% in the last quarter with Argos and the clothing arm particularly badly hit as people tried to cut back on non-essentials.

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