CoronavirusNews
Sainsbury’s to face £500m profit hit
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/01/sainsburys-store-e1544609706954-750x375-e1550658811627.jpg?lossy=1&strip=1&webp=1)
Sainsbury’s has warned that its annual profits could take a £500m hit as a result of the ongoing pandemic, despite a recent rise in grocery sales.
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