Sainsbury's profits rise by 6.2%

AOL Money Staff
Updated
Justin King
Justin King

Profits at Sainsbury's have risen again as the supermarket maintained its run of success under chief executive Justin King.

It came as the retailer also announced it was taking full control of Sainsbury's Bank in a £248 million deal to buy the 50% stake held by taxpayer-backed Lloyds Banking Group.
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