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		</div><p>Sainsbury’s has seen like-for-like sales continue to tumble over the past four months, as pressure continues to weigh down on boss Mike Coupe.</p>
<p>Mr Coupe is expected to face criticism from some investors at the supermarket’s annual general meeting on Thursday, following the collapse of its planned mega-merger with Asda earlier this year.</p>
<p>The retailer saw like-for-like sales decline by 1.6% in the 16 weeks to June 29, as its decline accelerated from 0.9% in the previous quarter.</p>
<p>Total retail sales excluding fuel fell by 1.2% during the period, as the company said it was impacted by a “tough retail environment”.</p>
<p>Grocery sales declined by 0.5% over the period, as the decline in sales slowed down from 0.6% in the previous period.</p>
<p>Sainsbury’s also reported sales slumps of 3.1% and 4.5% respectively for its general merchandise and clothing divisions.</p>
<p>The sales figures come just months after the competition watchdog, the CMA, blocked Sainsbury’s from joining forces with fellow “Big Four” supermarket Asda.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">We’ve blocked the Sainsbury’s / Asda merger after finding that it would lead to:</p>
<p>ð· Higher prices for groceries and fuel</p>
<p>ð Less choice and worse quality of products</p>
<p>ðï¸ A poor shopping experience</p>
<p>Read more: <a href="https://t.co/FrOpssqwS7">https://t.co/FrOpssqwS7</a> <a href="https://t.co/lJQtk9BbeC">pic.twitter.com/lJQtk9BbeC</a></p>
<p>&mdash; Competition &; Markets Authority (@CMAgovUK) <a href="https://twitter.com/CMAgovUK/status/1121292756813529088?ref_src=twsrc%5Etfw">April 25, 2019</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Sainsbury’s has tried to win over shoppers in recent months by lowering prices, with reductions on more than 1,000 food and grocery items.</p>
<p>The supermarket said it has also committed to reduce its net debt by at least £600 million over the next three years.</p>
<p>It has also outlined significant store investment which will make improvements in 400 stores nationwide.</p>
<p>Mike Coupe, chief executive of Sainsbury’s, said: “We continue to adapt our business to changing shopping habits and made good progress in a challenging market.</p>
<p>“We reduced prices on over 1,000 everyday food and grocery products and improved our relative performance.</p>
<p>“In a tough trading environment, we gained market share in key general merchandise categories and in clothing, where we are now the UK’s fifth largest retailer by volume.”</p>
<p> ;</p>
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