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Sainsbury's takes price comparison spat with Tesco to high court

By James Davey LONDON (Reuters) - Supermarket J Sainsbury <SBRY.L> will take its spat over price comparisons with Tesco <TSCO.L> to Britain's high court, challenging a ruling by the advertising watchdog in favor of its rival. Britain's supermarkets are battling intensely for market share in tough economic conditions. Advertising is a major battleground. Earlier this year, Sainsbury's complained to the Advertising Standards Authority (ASA) over market leader Tesco's "Price Promise" scheme.

Convenience stores, online help Sainsbury top forecasts

By James Davey LONDON (Reuters) - J Sainsbury, Britain's third-biggest grocer, beat forecasts for underlying sales in its fourth quarter, with strong growth online and in convenience stores more than offsetting a weaker performance in its traditional outlets. Online sales and convenience stores are the two fastest growing areas for Britain's supermarkets as shopping habits change, with consumers increasingly using the internet to shop and high fuel prices discouraging trips to town centres and out-of-town malls.

UPDATE 2-Sainsbury sales growth slows despite record Christmas

* Q3 like-for-like sales, ex fuel, up 0.9 pct, as expected * Outcome driven by growth of online, convenience sales * Says positioned to perform well in Q4 * Says won't be hurt by any Tesco revival * Sainsbury shares down 3 pct By James Davey

Sainsbury has record Christmas though growth slows

LONDON, Jan 9 (Reuters) - J Sainsbury, Britain's No. 3 supermarket, met forecasts for underlying sales in the Christmas quarter, though growth did slow from its first half in a highly promotional festive market. The group, which trails market leader Tesco and No. 2 player Wal-Mart's Asda by annual revenue, said on Wednesday sales at stores open over a year rose 0.9 percent, excluding fuel, in the 14 weeks to Jan. 5, its fiscal third-quarter.
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