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City Index's Ken Odeluga 'concerned by clear deterioration' in Sainsbury's food sales

Last updated: 12:48 16 Mar 2017 GMT, First published: 08:48 16 Mar 2017 GMT

Analyst at City Index, Ken Odeluga, runs through J Sainsbury plc (LON:SBRY)’s trading update for the three months to 11 March 2017.

A 4.3% increase in Argos like-for-like sales offset a 0.5% decline in the struggling core supermarket business, excluding fuel sales.

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