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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Nov- 2022 -18 NovemberPeople Moves
Marks and Spencer announces interim CFO
Marks and Spencer have announced that Jeremy Townsend is joining the business as Interim CFO on 22 November 2022. Following the announcement on 21 July 2022, M&S confirmed that Eoin Tonge will step down from the board on 9 December 2022. He will leave the business on 19th January 2023…
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14 NovemberHigh Street
Retailers call on chancellor to freeze business rates
Retail bosses from some of the UK’s leading retailers – including Tesco, Sainsbury’s, Greggs and Iceland – have called on chancellor Jeremy Hunt to freeze business rates in the autumn statement, which is due to be announced on Thursday 17 November. Forming the Retail Jobs Alliance, the chief executives have…
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3 NovemberSupermarkets
Sainsbury’s profits fall 8% in H1 after investment to tackle cost-of-living crisis
Sainsbury’s has revealed its underlying profit before tax was £340m for the 28 weeks ended 17 September, down 8% after investing in keeping prices low amid record inflation rates and staff wage increases. Grocery sales were up 0.2% in H1, driven by strong growth in Q2 of 3.8% as lockdown…
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Sep- 2022 -26 SeptemberNews
Sainsbury’s property deal with LXi REIT falls through
Property investor LXi REIT has announced it is pulling out from a deal to buy 18 Sainsbury’s stores in southern England after suspending an equity funding, citing stock market volatility. LXi had last Wednesday (21 September) said it was in talks with the grocer to buy 18 supermarkets for £500m…
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14 SeptemberSupermarkets
Sainsbury’s staff to see pay increase amid £25m support package
Sainsbury’s has unveiled a £25m cost-of-living support package for hourly paid employees to help support them with rising household costs, £20m of which will go towards a pay increase. Employees will receive an Autumn pay increase outside of their annual pay review, in what the group called an “unprecedented” step…
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13 SeptemberDepartment Stores
John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral
A number of retailers have confirmed they will shut all of their stores on the day of Queen’s funeral on 19 September as a mark of respect. Retailers including John Lewis, Homebase, WH Smith, B&Q, Primark, Tesco, Sainsbury’s, Argos, Ikea, Poundland and grocers Aldi and Sainsbury’s will shut all of…
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13 SeptemberSupermarkets
Aldi becomes Britain’s fourth largest supermarket as inflation hits
For the first time ever, Aldi has become Britain’s fourth largest supermarket, as discount grocers continue to benefit from customers who are managing their budgets amid rising inflation. According to new figures from Kantar, Aldi’s sales rose by 18.7% over the 12 weeks to 4 September 2022, reaching a 9.3%…
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12 SeptemberPeople Moves
Boots appoints ex-Asda COO as retail director
Boots has appointed Asda’s former chief operating officer Anthony Hemmerdinger as its executive retail director, according to Retail Week. Hemmerdinger will be in charge of Boots’ retail operations, including the running of its 2,000-strong store estate and he will report to Boots managing director Seb James. This marks Hemmerdinger’s first…
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9 SeptemberComment
Socially conscious consumers can be targeted with better UX
Sustainability may have a new focus: the carbon footprint of digital retailers. In response to the pandemic, more and more brands turned to e-commerce, which now makes up one-fifth of all purchases. On paper, this shift appears positive: less physical footfall and fewer trips to the high street in cars.…
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9 SeptemberPeople Moves
AO.com appoints former Pets at Home CEO as NED
AO World has announced it has appointed Peter Pritchard as an independent non-executive director of the company and a member of both the Audit Committee and Remuneration Committee with effect from 1 October 2022. Pritchard was until recently CEO at Pets at Home plc, leading its transformation into the UK’s…
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