Sainsbury’s
This coverage analyses Sainsbury’s strategy, operations, and performance within the UK grocery and retail sector. Reporting includes store and online developments, product innovation, financial results, marketing initiatives, sustainability efforts, and leadership decisions. With a focus on commercial impact and competitive positioning, it provides insights for retail professionals managing grocery, convenience, and multi-channel operations.
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Oct- 2024 -7 OctoberSupermarkets
Sainsbury’s to recruit 20,000 staff ahead of festive season
Sainsbury’s revealed it is recruiting 20,000 seasonal roles nationwide in the run up to the Christmas season, including 18,000 at Sainsbury’s and 2,000 at Argos, both in-store and through home deliveries. The new employees will be responsible for helping customers in-store, restock shelves, and pick and deliver online orders. They…
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3 OctoberNews-In-Brief
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward revision of its full-year guidance. The supermarket giant achieved a 10% rise in retail operating profits to £1.56bn, with statutory operating profits climbing 13% to £1.6bn. This growth was supported…
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3 OctoberSupermarkets
Sainsbury’s chief calls for Budget action on consumer confidence
Sainsbury’s boss Simon Roberts has called on the government to introduce measures to improve consumer confidence in the Budget this month. He told Reuters that despite falling inflation, higher wages, and solid employment levels, UK shoppers remain nervous about spending on bigger ticket items. Recent surveys have shown UK consumer…
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Sep- 2024 -13 SeptemberPeople Moves
Boots UK appoints new MD
Boots has announced that Anthony Hemmerdinger has been appointed as managing director of Boots UK and Ireland, effective from 4 November 2024. His appointment, which followed a “thorough” search process, comes as Seb James plans to step down from the MD role after six years. Hemmerdinger is currently the Retail and…
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Aug- 2024 -30 AugustSupermarkets
Sainsbury’s acquires 10 Homebase stores
Sainsbury’s has announced that it has acquired 10 stores from HHGL Limited, trading as Homebase, for conversion into Sainsbury’s supermarkets. The acquired stores are in key target locations that will grow Sainsbury’s supermarket coverage across England, Northern Ireland and Scotland. Once they are converted, the shop floor area of the…
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13 AugustNews
Today’s news in breif-13/8/24
UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months ending June 2024, the lowest since 2022, according to the Office for National Statistics. Factoring in inflation, wage growth drops to 3.2%. Public sector pay rose by 6%, while private…
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13 AugustSupermarkets
Sainsbury’s sees biggest market share gain since 1997
Take-home sales at the grocers rose by 3.8% in the four weeks to 4 August 2024 compared with a year ago, as Sainsbury’s also saw its largest market share gain since 1997, according to the latest data from Kantar. Sainsbury’s market share increased 0.5 percentage points over the 12 weeks…
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12 AugustNews
Today’s news in brief-12/8/24
Asda’s chair, Lord Rose, expressed embarrassment over the supermarket’s recent performance, citing a 5.3% drop in like-for-like sales and a market share decline from 14.8% to 12.7%. He suggested it might be time for co-owner Mohsin Issa to reduce involvement. Asda has initiated a £50m store upgrade and £30m investment…
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12 AugustSupermarkets
Sainsbury’s urges gov to reform business rates
Sainsbury’s and USDAW have together called on the new government to deliver on its promise to reform business rates.The call follows research which “demonstrates that failure to act could lead to 17,300 retail closures over the next ten years”. The research, carried out by Development Economics, warned that an increase…
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9 AugustHigh Street
Riots deter shoppers as footfall falls 4.8%
UK high streets appear to be feeling the full force of ongoing disorder over the past week with footfall declining by an average of -4.8% week on week from Sunday (4 August) to Wednesday (7 August) compared with an average decline of -2.7% in all UK retail destinations. The latest…
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