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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Mar- 2023 -28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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22 MarchElectrical
Currys raises staff pay for fourth time in 18 months
Currys has announced an additional rise for hourly paid store colleagues in the UK from £10.35 per hour to £10.50, the fourth rise in the last 18 months. The retailer also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3 per…
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14 MarchSupermarkets
Sainsbury acquires 21 supermarkets in £431m deal
Sainsbury has announced the purchase of 21 supermarkets in a £431.5m deal from Supermarket Income REIT. In addition to the remaining 49% it already owned, the supermarket purchased Supermarket Income REIT’s remaining 51% share of the stores in the Highbury and Dragon investment vehicles. The deal will result in Sainsbury’s…
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6 MarchHigh Street
Retail leaders criticise business rates reform
Retail bosses from M&S, Sainsbury’s and Currys have criticised the changes made to business rates, according to This is Money. According to the retailers, these changes will still leave high streets and shopping centres still facing high taxes, as the new business rates are charged on shops, pubs and other…
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1 MarchSupermarkets
Sainsbury’s to shut two Argos depots by 2026
Sainsbury’s has announced its plans to close two Argos depots in Basildon, Essex, and Heywood, Manchester, by 2026, which will impact a total of 1,400 jobs. The news comes as the supermarket chain plans to further “integrate and transform” its general merchandise logistics network in England with an investment of…
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Feb- 2023 -24 FebruarySupermarkets
Sainsbury’s to offer staff four day work week
Sainsbury’s has reportedly offered its staff the option of working four days a week, according to The Times. Staff based at its head offices in Holborn, Coventry and Milton Keynes, as well as its warehouses, and store managers in its 1,400 UK stores will be given the option of a…
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20 FebruaryNews
Nearly 15,000 retail jobs lost in 2023
Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre for Retail Research. It found that 14,874 jobs have been lost as a result of either administration or cost cutting because of the cost of living crisis. Over 11,000 jobs…
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8 FebruarySupermarkets
Sainsbury’s unveils Black founder-led brands amid £1m incubator success
Sainsbury’s has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take part in Thrive with Sainsbury’s – its £1m incubator programme. Sainsbury’s launched Thrive with Sainsbury’s last summer – a free 16-week programme with a £1m commitment to supporting Black founder-led…
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1 FebruarySupermarkets
Grocery Price inflation hits record 16.7%
Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest level since it started tracking the figure in 2008. Overall take-home grocery sales rose by 5.7% during the 4 week period and by 7.6% over the 12 weeks. Aldi was…
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Jan- 2023 -30 JanuarySupermarkets
Bestway acquires 3.45% share in Sainsbury’s
Bestway Group has announced it has agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s issued share capital. Bestway Group has said it intends to hold its shares in Sainsbury’s for investment purposes and “looks forward to supporting the executive management team”. Bestway Group has…
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