Forecourt Trader - 30 years at the heart of the fuel retailing community

Falling fuel prices depress Sainsbury's sales

07 January, 2015

Falling fuel prices have hit Sainsbury’s sales figures hard.

In its third quarter trading statement for the 14 weeks to January 3 it said retail sales were down 2.5% compared with the same period a year ago, but when fuel was stripped out of the fall was 0.4%.

Like-for-like sales were even down even more at 3.9%, and with fuel stripped out the fall was 1.7%

Mike Coupe, chief executive, said: “The trend of more frequent and local shopping continues and we saw growth of over 16% in our convenience business in the quarter. As well as over six million convenience customer transactions in the week before Christmas, we also saw our largest ever day for convenience sales on 24th December, taking over £8m.

"We opened 25 new convenience stores and refurbished a further seven in the quarter. We also opened four new supermarkets, one extension and one replacement store, and refurbished seven supermarkets.”

  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 5 November 2018
RegionDieselLPGSuper ULUL
East Midlands136.83141.29130.21
North East136.6271.90142.91129.54
North West136.76141.04129.86
Northern Ireland135.4675.90137.30129.71
South East137.69142.71131.15
South West136.8967.90141.98130.79
West Midlands136.33141.77130.01
Yorkshire & Humber136.0163.90142.42129.74

Most read

As Jet buys sites for the first time since selling its company owned network off in 2001, will this be part of a significant, growing trend for oil companies?


See all events