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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May- 2018 -11 MaySupermarkets
Amazon could buy Morrisons amid upbeat results
It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger, according to retail marketing insight firm Tcc Global. Bryan Roberts, global insight director at the company, said: “A takeover bid from Amazon is not beyond the realm of possibility, as…
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11 MaySupermarkets
Sainsbury’s and Asda could be forced to sell more than 70 stores
Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according to a leading expert in store location. David Haywood founder of Maximise UK predicts that at least 6% of Sainsbury’s and Asda stores are under threat of closure, due to…
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9 MaySupermarkets
Sainsbury’s singing CEO takes £1.8m from share awards
Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold 286,663 shares worth £845,655, in order to pay tax on his share plan. The supermarket boss received the shares in two tranches of 329,676 and 279,024, a total of 608,700…
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8 MayM&A
Asda-Sainsbury’s merger fears voiced by industry bodies
Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and result in sliding ethical and environmental standards, Retail Sector can reveal. An array of industry spokespeople said the consolidated retail group would represent near-monopoly status in many towns in the…
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8 MayM&A
Retail M&A grows by 15%
A study by law firm RPC shows retail mergers and acquisitions have grown by 15% over the past year. While the number of deals has risen, the value of those deals has dropped by 16% from the previous year’s total of £4.3bn, to £3.7bn. The value of those deals does…
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3 MayGovernment
Asda-Sainsbury’s merger: Committees pen letter fearing ‘dominance’
The Environment, Food and Rural Affairs (EFRA) and Department for Business, Energy and Industrial Strategy (BEIS) Committees have written a joint letter to the Competition and Markets Authority (CMA) regarding the proposed Asda and Sainsbury’s merger. The letter from Rachel Reeves, chair of the BEIS committee and Neil Parish, chair…
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2 MaySupermarkets
Sainsbury’s group sales up 9% but statutory profit plummets
Sainsbury’s has posted its preliminary results for the 52 weeks to 10 March in which its group like-for-like sales increased by 9% to £31.7bn, yet its statutory profit plummeted by almost £100m. Statutory profit for the ‘Big Four’ grocer was £409m a significant decrease from the £503m the previous year.…
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1 MaySupermarkets
Sainsbury’s boss sings ‘We’re in the Money’ before TV interview
The CEO of Sainsbury’s and one of it’s largest shareholders, Mike Coupe, was recorded singing ‘We’re in the Money’ while waiting for an interview on ITV about his firm’s merger with Asda. This came just hours after he refused to give reassurance that jobs were not under threat during a…
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Apr- 2018 -30 AprilSupermarkets
Sainsbury’s and Asda £13bn merger to leapfrog Tesco
Supermarket giant Asda has agreed to a proposed merger with Sainsbury’s, worth £13bn. Sainsbury’s CEO Mike Coupe said no stores will be closed and no shop floor jobs will be lost as a result of the merger. He added: “It will enable us to bring prices down, to improve quality,…
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26 AprilSupermarkets
Plastic packaging pact signed by 42 UK firms
Some 42 UK firms including all of the big five supermarkets (Asda, Sainsbury’s,Tesco, Morrisons and Lidl) have signed a pact to dramatically reduce single use plastics by 2025. The pact aims to make 100% of plastic packaging reusable as well as making sure 70% of plastic packaging is effectively recycled.…
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