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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Dec- 2022 -20 DecemberSupermarkets
Tesco to consider ending its fresh food counters
Tesco is reportedly considering ending its butcher and fishmonger counters in its stores as consumer interest in them has dropped, according to the Telegraph. Tesco is the only one of the big four supermarkets, Tesco, Sainsbury’s, Asda and Aldi, that still offers a fresh food counter. Some 279 Tesco stores…
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20 DecemberSupermarkets
Sainsbury’s to hire 18,000 seasonal workers
Sainsbury’s is hiring for 18,000 additional roles over the Christmas period to help meet extra demand over the peak season, with 15,000 roles created at Sainsbury’s, 2,000 roles at Argos and 1,000 in logistics. The temporary workers will help to serve customers, keep shelves stocked and pick, pack and deliver…
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19 DecemberSupermarkets
Sainsbury’s to invest £550m in keeping prices low
Sainsbury’s is set to invest £550m over two years to keep its prices low and be “more competitive”, CEO Simon Roberts has confirmed, with £15m to be invested over the Christmas period. Speaking to the Mail on Sunday, Roberts said that the move will mean that profits will be lower…
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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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