Sainsbury’s profits DROP to despite food sales rising by 7% because of extra costs caused by Covid
Sainsbury’s profits have dropped by 39 per cent despite the company seeing a strong boost in sales thanks to its position as an essential retailer during the pandemic. The supermarket giant’s Covid bill has now hit £485million and, along with a major restructuring that saw 1,150 jobs affected, means the business suffered a £261million loss … Read more