Sainsbury’s has said it is winning back sales from Aldi and Lidl for the first time, after a slowdown in food inflation helped it increase the amount of items sold across the business.
The supermarket said it was on track to deliver full-year profits at the upper end of expectations – however, pre-tax profits dived by 27% to £275m in the six months to 16 September as sales of clothing and general merchandise, including at the group’s Argos chain, slumped over the summer.
