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Sainsbury's sales slip over the Christmas period Sainsbury's sales slip over the Christmas period
(32 minutes later)
Sales at Sainsbury's fell slightly in the weeks around the crucial Christmas period. Sales at Sainsbury's fell slightly in the weeks around the Christmas period.
The supermarket revealed that like-for-like sales in the 15 weeks before 4 January were 0.7% lower than the same period last year. The supermarket's like-for-like sales in the 15 weeks before 4 January were 0.7% lower than last year.
The firm's boss, Mike Coupe, said said sales of toy and gaming products at Argos, which is owned by Sainsbury's, were worse than last year. While grocery sales actually increased by 0.4%, poor sales in the division that includes Argos, which is owned by Sainsbury's, weighed on the company's overall performance.
The firm's boss, Mike Coupe, said sales of toys and games were worse than last year.
Mr Coupe told the BBC that people were buying fewer toys and said there was no big gaming release in 2019 to boost sales.
Nevertheless, he said the company had delivered a "real sense of momentum".Nevertheless, he said the company had delivered a "real sense of momentum".
Clothing sales grew by 5%, which Mr Coupe said was helped by colder weather in the weeks before Christmas.
"Womenswear was particularly popular, including a sell-out range of novelty Christmas jumpers," Sainsbury's said.
Data released by two research firms, Nielsen and Kantar, on Tuesday suggested that Sainsbury's was the least worst performer among the so-called "big four" supermarkets over the all-important Christmas period.Data released by two research firms, Nielsen and Kantar, on Tuesday suggested that Sainsbury's was the least worst performer among the so-called "big four" supermarkets over the all-important Christmas period.
Morrisons reported a 1.7% drop in like-for-like sales, excluding fuel, for the 22 weeks to 5 January.Morrisons reported a 1.7% drop in like-for-like sales, excluding fuel, for the 22 weeks to 5 January.
The company said: "Throughout the period, trading conditions remained challenging and the customer uncertainty of the last year was sustained."The company said: "Throughout the period, trading conditions remained challenging and the customer uncertainty of the last year was sustained."