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Jan 10: Sainsbury lifts the gloom
The sales figures from supermarket group J Sainsbury offered some relief to the retail sector, but with other non-food retailers feeling the pinch, the outlook for 2008 is not good. Beth Rigby, consumer industries editor, analyses the figures. How much of an impact is food price inflation having, and do Sainsbury's figures have any bearing on the takeover bid by Delta Two?