The Times All eyes will be on supermarket chain J Sainsbury on Wednesday, as it publishes its full-year results and gives an indication of how Britain's retailers are faring in the face of the economic slowdown. JP Morgan says that more important than last year's numbers will be the company's outlook for the year ahead. "We feel that Sainsbury's trading slowdown relative to the market should be a cause for concern," the broker said in a recent preview note. "Were this relative performance to continue in more deflationary times, we would expect downside to earnings estimates." UBS, while predicting a 26...
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