Sainsbury’s says impact of Iran war may lead to drop in profits this year
The Guardian World ·
Retailer WH Smith joins supermarket in warning on effects of Middle East conflict Sainsbury’s has warned that profits could fall this year as the conflict in the Middle East squeezes customers’ …
Retailer WH Smith joins supermarket in warning on effects of Middle East conflict Sainsbury’s has warned that profits could fall this year as the conflict in the Middle East squeezes customers’ budgets and pushes up business costs.The supermarket group said the conflict “will impact both our customers and our business” and it was unclear how large the effect would be.
Original source: The Guardian World