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Dutch grocery giant Ahold has reported a 2.5% increase in third quarter sales to €6.9bn. Profits during the period rose 5.3% to €300m. It also performed particularly well in the US, where sales rose 8.5% to $5.8bn.
Asda’s sales growth picked up pace slightly over the past three months, up 1.3% year-on-year. The figures, covering the period from 1 July to 30 September, mark an improvement on the 0.5% rise in like-for-like sales in the second quarter. The performance was described as “solid” by the supermarket’s US parent, Walmart.
Sainsbury’s has unveiled its Christmas ad for 2011, with TV chef Jamie Oliver literally bowing out as the face of the retailer after 11 years.
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