Innovation in summer ranges helped grow Sainsbury’s like for like sales by 2.3 per cent and drive volume growth in produce for the 16 weeks to 1 July.
Produce outperformed the market with volume growth of over one per cent, according to Sainsbury’s CEO Mike Coupe, who highlighted the category as performing “particularly well”.
Groceries online and convenience channels also grew during the period, with sales up eight and ten per cent respectively.
“Grocery sales are up three per cent and transactions up two per cent, with like-for-like transaction growth in all channels. We have seen strong food sales where we have invested in product innovation, such as our new summer eating ranges,” said Coupe.
Sainsbury’s has worked with suppliers to “improve price position versus competitors”, Coupe continued, adding that the retailer will continue to manage cost price pressures closely.
“We have delivered a strong performance, driven by our differentiated strategy, offering customers quality, value and choice across food, general merchandise, clothing and financial services,” he said.
Managing editor of money.co.uk, Martin Lane, said: “The sun has shone down on Sainsbury’s this summer helping to boost their sales.
“This demonstrates what a difference the weather can make to our spending habits – people have been tightening their purse strings in the run up to Brexit but all it took was a bit of sun to bolster supermarket sales.”
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