Sainsbury's sees sales growth

UK supermarket Sainsbury's today reported a 1.7% rise in fourth quarter sales as growth continued to slow, but said the result capped a "strong year" for the retailer.

The UK's third biggest grocery chain saw like-for-like sales growth excluding fuel in the 11 weeks to March 20 drop from 3.7% the previous quarter as it came up against tough comparatives from a year earlier.