sainsbury's rose by 0.1%, beating analyst estimates. in charles allen to discuss sainsbury's. as you set down, anna must have said no detail on how retail so far,. but let's talk about the numbers. it's the first sales increase in two years. >> yeah. it has been a good performance, and it has been coming for a while because they have been outperforming the other three. one of the key points here is this implication of the business. the amount sold on promotion dropped down to 28% of the total. it had been running in the high 30%. we have something that shows that customers are responding to offerr prices, and an that is closer to what the discount is -- a simple, low price. of course, they are still gaining market share. winning market share back -- >> broadly speaking, i think they are holding their own against the discounters. overall, they gained a little bit of market share, but we have seen asda it particularly lose a significant amount of market share and tesco is still running low. anna: the big news is that there is no news on t

it depends exactly what the sainsbury's share prices. it is about 170.a: why did stein hoffer step away? >> we can wait and see a little bit. i think that are ghosts i -- argos issues are that profitability is going down and the sales are getting weaker. it is having some difficulty expanding the image into the midmarket. that is something that maybe sainsbury's can address. certainly, steinhoff is doing the reverse. anna: steinhoff going elsewhere instead. i saw that one of the french retailers after them is urging them not to sell just yet. >> i think that steinhoff. is doing the opposite. you have this position where steinhoff with amid t -- a mid to lower brand is courting darty to broaden its appeal in france. anna: 10 minutes past 7:00. later today, apple is expected to launch an array of new products. caroline is here to discuss the move further. why the smaller phone? >> it seems an interesting one. they liked the bigger screens. this is targeted at the diehard 5s.s of the iphone 5c and they are trying to draw them into the smaller iphone which h

argoth is being looked at by sainsbury's. it seems to have a downward trajectory, down 1.1%.ate would be an improvement in like for like sales. andthe margin has improved, it's up 75 basis points. they blame what they call cannibalization impacts. meanwhile, homebase like for like sales up 3.3%, but it was a poor picture, down 225 basis points. do see saying that they pretax profit of 93 million pounds. the year in cash is significantly stronger, but overall it seems to be a miss. anna: let's cast the net wider. you also have the first news. caroline: i do. china's consumer price has jumped by the most since 2014, driven higher by food costs. cpi rose 2.3% as food prices surged. the producer price index fell almost 5%, extending its decline. nce, sodiverges says goldman sachs. analysts say they see it as unsustainable, but goldman hasn't found much historical support for that opinion. volkswagen led vonnie through the emissions scandal has unexpectedly quit. he became the u.s. chief executive in january, 2014 and improved the relations so much that when the emissions scandal