PEOPLE SHOPPING IN J SAINSBURY'S SUPERMARKET DURING THE CREDIT CRUNCH IN MILTON KEYNES

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Britain's third-biggest supermarket group, Sainsbury's, has reported a rise in its half-yearly profits despite the worsening economic conditions. Underlying pre-tax profits for the six months to 4 October rose to £272m, up on the same period last year. Like-for-like sales - which strip out the impact of new stores - were up by from a year ago. The supermarket group said it expected the second half of the year to remain "particularly challenging". The profit figures were towards the top end of analysts' forecasts. Sainsbury's has now recorded 15 quarters of consecutive like-for-like sales growth, and it said its customer numbers were continuing to grow - with about 18 million customers a week.

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Size: 3418px × 5128px
Location: MILTON KEYNES BUCKS ENGLAND UK
Photo credit: © Geoffrey Robinson / Alamy / Afripics
License: Licensed
Model Released: No

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