Wednesday, May 4, 2016

UK retailer Sainbury's see sales and profits fall

The UK retailer Sainsbury's has reported a fall in annual profits, as the battle of the supermarkets for the lowest prices continues.

Sainbury's saw its underlying profits fall by more than 100 million dollars, compared to the previous year.

While the retailer saw a rise in both clothing and online sales, it saw a fall in its sales at supermarkets.

Our UK correspondent Martha Holeyman has more.

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