Non-foods drives Sainsbury's growth
Britain's third biggest grocer, Sainsbury's, has reported on the state of its finances.
Although pre-tax profits was down, when you strip out the loss they made on selling some property, their underlying profits, was actually up just over 7%.
They also managed to poach customers from rival supermarkets - with their market share now at its highest level in a decade.
The chief executive, Justin King, told the BBC that the non-foods part of the business was driving the growth.
09 May 2012
- From the section Business