Supermarket chain, which has also increased pay, says ‘we really get how tough it is for millions of households’
Sainsbury’s has said life is “tough for millions of households” as it revealed profits had fallen 8% in the first half of the year after investing in keeping prices down for customers and extra pay for shop workers.
The supermarket said its plan to save £1.3bn in costs in the three years to 2024, double the rate in the three years to 2020, was helping to offset “higher than expected operating cost inflation”.
Supermarket chain, which has also increased pay, says ‘we really get how tough it is for millions of households’Sainsbury’s has said life is “tough for millions of households” as it revealed profits had fallen 8% in the first half of the year after investing in keeping prices down for customers and extra pay for shop workers.The supermarket said its plan to save £1.3bn in costs in the three years to 2024, double the rate in the three years to 2020, was helping to offset “higher than expected operating cost inflation”. Continue reading…
