Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as Chief Executive Justin King prepares to step down from the grocer after 10 years at the helm.
The group, which trails market leader Tesco and is battling with Wal-Mart Stores' Asda to be the UK's No. 2 supermarket, said sales at stores open over a year fell 1.1 percent, excluding fuel, in the 12 weeks to June 7, its fiscal first quarter.