Outlook: Sir Peter struggles to emulate the Carlos miracle

From: The Independent (London, England) | Date: January 13, 2001 | Copyright information

SIR PETER Davis, chief executive of J Sainsbury, was in characteristically polished form yesterday for his Christmas trading update, but there's no getting away from it - with like-for-like sales up just 0.7 per cent, Sainsbury's performance over the Christmas period was in absolute terms uninspiring, even poor. William Morrison has already said that Christmas trading "easily surpassed previous records", while trading statements next week from Tesco and Safeway will almost certainly confirm Sainsbury's continuing lot as the supermarket laggard.

Still, it might have been worse, and at least ...

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