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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


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You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


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Sainsbury(J) PLC (SBRY)

  Print      Mail a friend       Annual reports

Wednesday 03 October, 2012

Sainsbury(J) PLC

Trading Statement

RNS Number : 7697N
Sainsbury(J) PLC
03 October 2012

Second Quarter Trading Statement for the 16 weeks to 29 September 2012

Good sales delivering continued outperformance

·     Total sales for second quarter up 4.3 per cent (4.4 per cent excluding fuel)

·     Like-for-like sales for second quarter up 1.9 per cent (1.9 per cent excluding fuel)

·     Total sales for the first half up 4.0 per cent (4.1 per cent excluding fuel) and like-for-like sales up 1.7 per cent (1.7 per cent excluding fuel)

Justin King, Chief Executive, said, "This has been a unique and special summer, during which we have delivered another quarter of good sales, outperforming the market in what remains a challenging retail environment. Our total sales are up 4.3 per cent, and like-for-like sales up 1.9 per cent.

The quarter began with the period immediately following the Jubilee celebrations, and was characterised by unseasonal weather.  The quarter ended with the Olympic and Paralympic Games, which united and inspired the nation. We were delighted to play our part in helping customers celebrate this summer like no other, and are particularly proud of Sainsbury's association with the Paralympic Games.

We are seeing the benefit of our ongoing investment in our own-label ranges, particularly by Sainsbury's, which is growing at its strongest rate in recent years, and our Taste The Difference range, which is seeing near double-digit growth. Our own label penetration is increasing at a faster rate than any of the major supermarkets; a testament to the investment we have made in the quality of our products.

As we approach Brand Match's first anniversary, it continues to reinforce the competitiveness of our price position. Our customers tell us that they believe it to be the simplest price guarantee in the market. We have also celebrated the tenth anniversary of our partnership with Nectar which, when uniquely combined with our coupon-at-till technology, helps to ensure that we reward customers with great offers on relevant products.

Non-food has increased its pace of growth to around three times that of food. Following the successful launch of our Denim Shop format, sales of jeans have almost doubled year-on-year, and the quarter also saw our biggest ever Schoolwear season, consolidating our number four market position.

Convenience stores continue their strong growth. We have opened 49 convenience stores in the half, and are delivering our target of one to two per week. Our online business continues to perform strongly, with growth of over 20 per cent year-on-year.

Over the quarter we grew space in line with our plans, opening 5 supermarkets, 28 convenience stores and 2 extensions, adding 267,000 square feet to our estate. This brings the year-to-date total to 330,000 square feet.

At the recent Retail Industry Awards we won Supermarket of the Year for the fifth time in seven years, Convenience Store of the Year for the third year in a row, and a further three awards. We are proud that the hard work invested by our colleagues across the country has been so consistently recognised by our peers.

We expect the challenging economic backdrop to persist, but by helping our customers to Live Well For Less through competitive pricing, targeted promotions, quality own label products, and outstanding customer service, we are positioned to perform well coming into the important Christmas period."


Investor Relations


Adam Wilson Katsibas

Alex Cole / Tara Hicks

+44 (0) 20 7695 7991

+44 (0) 20 7695 7295



1.    All sales figures contained in this trading statement are stated including VAT and in accordance with IFRIC 13.


2.    Like-for-like sales include the impact of changes in underlying VAT rate and extensions as follows:






Sales growth including fuel (%)









Sales growth excluding fuel (%)









Included in like-for-like sales (%)

Net contribution from extensions




Impact from change in VAT rate







3.    Store investment programme 2012/13:


































4. Certain statements made in this announcement are forward-looking statements. Such statements are based on     current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future events or results referred to in these forward-looking statements. Unless otherwise required by applicable law, regulation or accounting standard, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.


5. Sainsbury's also released today its Second Quarter Corporate Responsibility update. This is available at


6.  A conference call will take place at 8:30am.  To listen to the audio webcast we recommend that you register in advance.  To do so please visit prior to the event and follow the on-screen instructions.  To view the transcript of the conference call go to follow the on-screen instructions in the first quarter trading statement section.


7.    Sainsbury's will announce its 2012/13 Interim Results on 14 November 2012.



This information is provided by RNS
The company news service from the London Stock Exchange