Digital sales hit supermarkets 'more than other book retailers'

Digital sales hit supermarkets 'more than other book retailers'

Big publishers are likely to feel a squeeze on their supermarket sales as a result of the sector experiencing a “once in a generation change”.

Two of Britain’s biggest supermarkets, Tesco and Sainsbury’s, are also big retailers of books. Both retailers reported slumps in profits in their recent financial results: Tesco reported half-year pretax profit was down 92% to £112m, after more than £500m was spent on one-off costs; and Sainsbury’s reported a
pretax loss of £290m.

Mike Coupe, Sainsbury’s new c.e.o., warned that supermarket sales would be falling for the “next few years”, adding th...

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