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- 2021 -22 MarchSupermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to repay business rates relief, according to The Sunday Times. The company’s recent investor presentations revealed that Sir Malcolm Waker, Iceland’s founder, used £141m to purchase former shareholder Brait and acquire…
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17 MarchSupermarkets
Jiffy secures £2.6m funding to aid UK launch
Jiffy, a new online supermarket, has raised £2.6m in an initial seed-funding round to support its UK launch. The investment round was led by venture capital fund LVL1 Group, and joined by AddVenture, TA Ventures, Vladimir Kholiaznikov, as well as a number of angel investors. With a leadership team comprising…
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16 MarchTechnology
Rezolve closes on £540m fundraising
Rezolve, a mobile shopping platform startup, is reportedly closing in on a funding round that would value the group at $750m (£540m). According to Sky News, Dan Wagner, the company’s founder, is on the brink of finalising a $20m (£14.4m) cash injection for the group. City sources told the publication…
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16 MarchHigh Street
JML appoints two new directors to board
JML has announced the appointment of Susan Aubrey-Cound and Simon Hathway as new non-executive directors of its board. The retail group, which owns brands such as Doktor Power, Walkmaxx, Chillmax, and Phoenix Gold, has promoted Kevin Dickens to the position of group marketing director as part of its growth plans.…
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12 MarchSupermarkets
Sainsbury’s announces director appointment
J Sainsbury plc has announced the appointment of Adrian Hennah to its board as a non-executive director. Hennah is set to join the group’s audit committee and nomination committee on 1 April 2021, and will then act as chair of the audit committee following an AGM. David Keens, the current…
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5 MarchSupermarkets
Co-op to hold ‘crunch talks’ over relief repayment
The Co-operative Group will reportedly hold a “crunch” board meeting next week to discuss whether it will repay £80m in government support funding, according to Sky News. According to Sky, Co-op directors, alongside chairman Allan Leighton, will now meet next Tuesday to discuss whether the group will repay the funding…
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4 MarchSupermarkets
Sainsbury’s restructuring plan places 1,150 jobs at risk
Sainsbury’s has begun a restructuring process that will see 500 head office roles cut and a further 650 jobs placed at risk at the company’s online fulfilment centre in east London. According to the supermarket chain, Simon Roberts, chief executive of the company has told staff about the shakeup which…
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3 MarchSupermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to remain home during lockdown. According to the latest figures from Kantar, UK grocery sales also rose by 12.5% in the 12 weeks to 21 February 2021. Nearly a quarter of…
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1 MarchSupermarkets
Sainsbury’s hikes pay of frontline staff
Sainsbury’s has announced it is increasing the pay for its frontline employees this month, and is awarding them a third one-off payment in “special recognition of their incredible efforts to help to feed the nation through the pandemic”. From March onwards, the hourly rate of pay for Sainsbury’s and Argos…
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Feb- 2021 -26 FebruarySupermarkets
Sainsbury’s reveals new slogan ahead of UN summit
Sainsbury’s has unveiled a new brand slogan after being appointed as the principal supermarket partner of the UN’s upcoming international climate change conference (COP26). Parting ways with its ‘live well for less’ motto, the group will adopt the line ‘helping everyone eat better’ from Spring onwards. The move comes as…
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