Sainsbury’s reports 4% drop in first-quarter like-for-like sales


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LONDON — British supermarket group Sainsbury’s reported a 4% fall in underlying sales in its first quarter, driven by weakness in general merchandise as cash-strapped consumers held back on discretionary spending.

The company said on Tuesday its outlook for the full year was unchanged.

(Reporting by Paul Sandle; Editing by Kate Holton)



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