Sainsbury's profits rise

Sainsbury's results for the first half of the year are ahead of expectations. Sainsbury's made £342m before tax in the 28 weeks to the 3rd of October. That figure is up by around a third compared with the same period last year. Like-for-like sales also rose by 5.7%.Sainsbury's Chief Executive, Justin King, told the BBC that customers are starting to spend more money in store.

BBC | November 11, 2009

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