Page last updated at 07:35 GMT, Wednesday, 24 March 2010

Sainsbury's reports 3% sales rise

Sainsbury's store
Sainsbury's has increased its customer numbers over the year

High Street supermarket Sainsbury's has reported a 3% rise in like-for-like sales for the last 12 months.

The supermarket said that sales excluding fuel were up 4.3% for the year, and it was now bringing in a million more customers a week.

Justin King, Sainsbury's chief executive, said the performance was in line with his expectations.

However, he added that the retail outlook for 2010 "remained challenging".

Sales for the last three months of the financial year were up 4.8% on a like-for-like basis, which excludes the effect of new store openings and expansions.

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