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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Aug- 2024 -12 AugustNews
Today’s news in brief-12/8/24
Asda’s chair, Lord Rose, expressed embarrassment over the supermarket’s recent performance, citing a 5.3% drop in like-for-like sales and a market share decline from 14.8% to 12.7%. He suggested it might be time for co-owner Mohsin Issa to reduce involvement. Asda has initiated a £50m store upgrade and £30m investment…
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12 AugustSupermarkets
Sainsbury’s urges gov to reform business rates
Sainsbury’s and USDAW have together called on the new government to deliver on its promise to reform business rates.The call follows research which “demonstrates that failure to act could lead to 17,300 retail closures over the next ten years”. The research, carried out by Development Economics, warned that an increase…
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9 AugustHigh Street
Riots deter shoppers as footfall falls 4.8%
UK high streets appear to be feeling the full force of ongoing disorder over the past week with footfall declining by an average of -4.8% week on week from Sunday (4 August) to Wednesday (7 August) compared with an average decline of -2.7% in all UK retail destinations. The latest…
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7 AugustNews
Today’s news in brief-7/8/24
Chris Brook-Carter, CEO of Retail Trust, highlighted an increase in calls from retail workers fearing for their safety amidst recent rioting in England and Northern Ireland. Several retail stores, including Shoe Zone and Sainsbury’s Local, were targeted by rioters. The British Retail Consortium is responding with a meeting today to…
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7 AugustHigh Street
Store staff ‘fear for their safety’, says Retail Trust boss
The Retail Trust has seen a spike in calls from retail workers “fearing for their safety” amid rioting across towns in England and Northern Ireland, according to its chief executive Chris Brook-Carter. Brook-Carter stated that the charity has seen an increase in the number of calls to its 24-hour helpline.…
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6 AugustNews
Today’s news in brief-6/8/24
UK retail sales saw a slight uptick of 0.5% year-on-year in July, driven by improved performance in food sales and summer clothing purchases amidst favourable weather. However, non-food sales declined by 1.7% over the same period, with in-store sales particularly affected, reflecting ongoing shifts in consumer spending habits. The online…
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6 AugustSupermarkets
Sainsbury’s to ‘transform customer experience’ with new AI deal
Sainsbury’s has announced it has signed a seven-year deal with NCR Voyix to help “transform its shopping experience”. The deal will see the supermarket upgrade its checkout technology by rolling out the NCR Voyix Commerce Platform, Point of Sale Solutions (POS) and Next Generation Self-Checkout systems to 22,500 checkouts. Sainsbury’s…
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Jul- 2024 -30 JulyNews
What to expect at Europe’s 100% plant-based trade show
Leading plant-based manufacturers and solutions providers will form a comprehensive exhibition, covering everything from end products to packaging, ingredients and logistics. Here, attendees can source innovative plant-based products, gain inspiration, discover solutions for their business and network with other business owners. Exhibitors are travelling from around the world to demonstrate…
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24 JulyNews
Iceland boss calls for review of supermarkets’ restrictive covenant ban
Iceland managing director Richard Walker has urged the new Labour government to review the ban for supermarkets to use restrictive covenants in property deals. In a LinkedIn post, Walker claimed that “legal tricks” have been used in the past by German-owned supermarkets Aldi and Lidl to prevent competition on retail…
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18 JulyNews
Sainsbury’s to donate over one million meals to children with Comic Relief
Sainsbury’s and Comic Relief have committed to donating over £2.5m to help children and families by providing over one million meals in the school holidays. The funding will help launch five new food club hubs, which will run all-year-around and provide long-term solutions to help improve families’ access to food…
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