Wednesday preview: Sainsbury set to embarrass Tesco

Sainsbury, once king of the hill in the UK grocery market, is set to embarrass the current market leader, Tesco, when it issues a trading update on Wednesday.

Sainsbury, once king of the hill in the UK grocery market, is set to embarrass the current market leader, Tesco, when it issues a trading update on Wednesday.

While earlier this week Tesco tried to put a brave face on a 1.5% decline in like-for-like sales (excluding VAT and petrol) in the UK, Sainsbury is set to announce LFL sales growth of around 2% for the 12 weeks to early-June.

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