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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Jul- 2023 -11 JulyClothing & Shoes
Sosandar welcomes first full year of profitability
Sosandar has welcomed its first full year of profitability in FY23, in what was a “milestone year” for the group, as profits swung to £1.6m, up from a loss of £0.6m the prior year. Despite challenging macroeconomic conditions over the period, revenues also increased, with sales rising 44% to £42.5m,…
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10 JulySupply Chain
Demand for retail warehousing falls to decade low
Demand for retail warehousing has reportedly fallen to its lowest point in the last decade, according to The Telegraph. The news comes as the surge in online shopping which culminated at its peak during the Covid-19 pandemic has also begun to falter with shoppers returning to the high street. The…
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10 JulySupermarkets
Iceland expects profits to hit 10-year high
Iceland expects to deliver its “highest” profit in over a decade due to its increased focus on value and cost-saving measures, The Times has reported. According to The Times, Iceland told bondholders last week that it was “confident” this year’s underlying profit will be its strongest in 10 years, exceeding…
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7 JulyNews
Argos to close 100 stores over the next year
Argos is reportedly planning to shut down more stores next month as part of plans to close 100 sites over the next year, according to The Sun. The retailer has already shut down 37 shops this year, including all the branches in Ireland. Owned by Sainsbury’s, Argos is now planning…
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6 JulySupermarkets
Asda owner to face committee over inflated fuel prices
The Commons business and trade committee has reportedly informed Asda owner Mohsin Issa about “apparent discrepancies” in the price of petrol fuel pricing at the supermarket chain and has asked the businessman to appear on 19 July, according to The Telegraph. The chairman of the committee, Darren Jones, said that…
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5 JulyNews
Sainsbury’s swaps steak plastic trays for sustainable cardboard alternative
Sainsbury’s has announced it is removing plastic trays from its steak range and replacing them with a cardboard alternative that uses 70% less plastic. The new trays, which are available from today (5 July), are launching across 10 products in the range. Previously, Sainsbury’s had already introduced cardboard trays to…
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4 JulySupermarkets
Sainsbury’s returns to growth in Q1 as food inflation falls
Sainsbury’s welcomed a return to volume growth and strengthening market share outperformance in Q1, largely driven by a strong grocery momentum over the period, as the group noted that food inflation was starting to ease. Over the quarter, like-for-like sales (excluding fuel) were up by 9.8%, while total retail sales…
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Jun- 2023 -29 JuneNews
Sainsbury’s launches Henry Holland partnership for Pride
Sainsbury’s has today announced a partnership with British designer Henry Holland to celebrate Pride Month. The new Henry Holland’s x Bags of Ethics exclusive collection will be available until September and it includes a reusable coffee cup, water bottle and tote bag, all made from 100% sustainable cotton and recycled…
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27 JuneNews
Sainsbury’s invests a further £15m in price cuts
Sainsbury’s has announced a £15m investment to cut the price of cupboard staples such as rice and pasta to help customers manage their budgets. The retailer will also become the only supermarket to offer Freefrom pasta at the same price as standard pasta as part of the price cuts. This…
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26 JuneSupermarkets
Supermarket leaders to be questioned over rising prices
Supermarket leaders are set to be questioned by MPs this week regarding claims they could be profiteering from rising food and fuel prices. According to The Sunday Times, Morrisons CEO David Potts will be among the supermarket bosses to be questioned by MPs on the business committee tomorrow (27 June).…
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