Sainsbury’s Q1 LFLs down

first_imgSainsbury’s has seen like-for-like (LFL) sales down 2.1% for its first quarter, fighting what it calls “a highly competitive pricing backdrop.”The supermarket said that total retail sales had fallen flat down 0.6% excluding fuel, for the 12 weeks to 6 June 2015.The retailer currently maintains its share of the market at 16.5%, according to figures from Kantar Worldpanel.Mike Coupe, chief executive, said: “Trading conditions are still being impacted by strong levels of food deflation and a highly competitive pricing backdrop. These pressures, including the effect of our own targeted price investment, have led to a fall in like-for-like sales for the quarter.“We outlined in our strategic review in November some of the key actions we would be taking to remain competitive in this environment and are encouraged by some of the early trends that we are seeing in our key trading and operational metrics.”The strategic review includes an investment in the ‘quality’ of 3,000 own-brand products at the supermarket.Coupe also said it had opened 20 grocery Click & Collect sites, and remained on track to have over 100 sites by the end of this year.He said: “We continue to make it easier for customers to shop with us whenever and wherever they want.”At the end of the quarter, Sainsbury’s had 598 supermarkets and 714 convenience stores.last_img read more

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McIlroy out to silence doubters

first_img McIlroy won five times last year, including his second major by eight shots, to finish top of the money list on both sides of the Atlantic. But he has yet to record a win in 2013 and labelled his own play “brain dead” after an opening round of 79 in the Open at Muirfield, where he missed the cut on 12 over par. Press Association Switching clubs in a controversial multi-million pound deal with Nike and spending too much time with girlfriend Caroline Wozniacki have been blamed for such poor form, but McIlroy went through a similar “slump” last year just before leaving everyone trailing in his wake at Kiawah Island. “I love proving people wrong,” the 24-year-old said in his pre-tournament press conference. “I loved sitting up here last year on the Sunday night and I proved a lot of people wrong. Maybe not necessarily in this room, but just people who had their opinions and said things and it was nice to be able to do that. “I guess I’ve learnt to maybe not listen as much or not read as much, just sort of wrap yourself in your own little world or your own little bubble. “I had to deal with it after the Masters in 2011 whenever people were saying, you can’t come back from this, what’s he going to do, he’s blown his best chance to win a major. Two months later I was able to win (the US Open). I’ve dealt with it before and it’s just something that’s part of the job.” Previous wins could also be key to future success, with McIlroy watching footage of his performance at Kiawah Island and other career highlights to get back into the right frame of mind. “I’m feeling good,” the world number three added. “I’ve been watching a few videos of last year at Kiawah and watching some videos of some of my best weeks that I’ve played and it sort of lifted me a little bit and I took some good things away from that. “First and foremost, I just haven’t been swinging it the best this year. I got into a couple bad habits with my golf swing and it’s just taken me a little bit longer to get out of them. When you’re fighting that so much, it’s hard to play the golf that I want to play, which is fluid and free-flowing. That’s the way I play my best. “Every time you play and you don’t play well, it sort of chips away at your confidence a little bit, and it’s just about building that back up. But I’m sitting here as confident as I have been all year, so I’m looking forward to getting going this week. Rory McIlroy served up an interesting menu at the past champions’ dinner at the US PGA Championship on Tuesday – and would love his critics to be eating humble pie this weekend. “I think everyone sees when I walk and I’m playing well, I have that little bounce in my step, so just trying to get that going again and trying to get that positive energy back. There’s been times this year where I’ve really gotten down on myself and that’s something that hasn’t helped at all, and something that I’m trying to get better at. As for that dinner menu, McIlroy opted for a goat’s cheese and beetroot salad to start, Irish tenderloin for the main course and sticky toffee pudding for dessert. “Everyone definitely enjoyed the last two courses; I don’t know how the appetiser went down,” he joked. last_img read more

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