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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Jun- 2018 -19 JuneSupermarkets
CMA reveals Asda-Sainsbury’s merger comments
Industry responses to a Competition and Markets Authority (CMA) consultation on the proposed Asda-Sainsbury’s merger have revealed concerns about higher prices and reduced choice for customers. A number of submissions concerned the impact of the proposed merger at a national level, with fears it would lead to increased concentration in…
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15 JuneSupermarkets
Tesco’s sales rise with Booker’s acquisition
Tesco has increased its sales for the 10th quarter in the three-months to 26 May, meaning its acquisition of wholesaler Booker was a successful move. Tesco reported its group sales increased by 1.8%, with UK and Ireland sales increasing 3.5%. Similarly, Booker, which Tesco bought for £3.7bn last year, had…
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8 JuneEconomy
Tesco CEO blames business rates for decline of the high street
Dave Lewis the CEO of Tesco has said that business rates have played a “large part” in the decline of many high street retailers. Lewis questioned whether the rise of business rates created an “uneven playing field” for some retailers. Last year’s restructure of business rates saw rises for some…
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7 JunePeople Moves
Sainsbury’s promotes Clodagh Moriarty to new digital role
Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer with immediate effect. Moriarty will create and lead the supermarkets giant’s digital strategy and will be tasked with ensuring customers experience an integrated and seamless digital experience across Sainsbury’s, Argos, Sainsbury’s Bank and Nectar. Moriarty has…
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5 JuneShopping Centres
Birmingham’s Selly Oak Shopping Park acquired by investors for £94m
Selly Oak Shopping Park in Birmingham, home to a Sainsbury’s, Marks & Spencer, Nando’s and Superdrug, has been sold to a real estate investor for £94m. The Harvest Partnership, formed by Landsec and Sainsbury’s, sold the property to M&G Real Estate and Landsec, which will obtain 50% of the proceeds.…
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May- 2018 -31 MaySupermarkets
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed to “investments in lowering prices to mitigate the impact of food inflation”. The company reported pre-tax profit of £712.6m down 9.6% from £791.7m the previous with operating profit also having…
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30 MaySupermarkets
Grocery market buoyed by hot weather and the royal wedding
The latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 20 May found the hot weather combined with events such as the royal wedding sparked strong market growth – up 2.7% on last year. Most notably grocery sales totalled £415m on Friday 18 May in the…
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25 MayPeople Moves
Sainsbury’s new ‘dogsbody’ contract hammered by unions, MPs and staff
Sainsbury’s new contracts which the supermarket says are a ‘boost’ to staff have been accused of bringing in a “dogsbody contract” by staff members speaking to the media. More than 100 MPs have written a joint letter saying that they believe the increase in basic pay is being used to…
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22 MayPeople Moves
Former Dixon Carphone boss appointed M&S director
Department store Marks and Spencer has appointed Katie Bickerstaffe and Pip McCrostie to its board as non-executive directors. Bickerstaffe was previously the CEO of Dixons Carphone, and will bring “a deep understanding of retail and operations, as well as experience in marketing, people, property”. McCrostie has experience in finance and…
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18 MayM&A
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment on the deal as part of a ‘phase one’ inquiry. The CMA “invitation to comment” was released today as the start of an information gathering process before the formal investigation…
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