Sainsbury's profits rise by 13.3%
Supermarket giant Sainsbury's has shrugged off the wider retail gloom to post a 13.3% hike in half-year profits.
Buoyed by its 15th quarter of sales growth in a row, the company reported underlying pre-tax profits of £272 million in the six months to October 4.
It hailed its "universal customer appeal" as it said sales rose 3.9% on a like-for-like basis in the period.
