Sainsbury’s, reeling from last week’s decision by the UK regulator to block its takeover of rival Asda, was alone among Britain’s big four supermarket groups in seeing sales fall in the latest 12-week period, industry data has shown.
Wed, 01 May, 2019
Britain’s competition regulator has blocked Sainsbury’s proposed £7.3bn (€8.4bn) takeover of Walmart-owned Asda — a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco.
Fri, 26 Apr, 2019
UK supermarket Sainsbury’s and its takeover target Asda have committed to deliver £1bn (€1.1bn) of lower prices annually by the third year after completion of their proposed €8.5bn deal.
Wed, 20 Mar, 2019
Sainsbury’s and Asda are in talks to create Britain’s biggest supermarket group, a combination which would surpass Tesco’s grocery market share and be worth up to £15bn (€17bn).
Mon, 30 Apr, 2018
A healthy amount of sleep has a far higher impact on wellbeing than a 50% increase in disposable income, a study of quality of life in the UK has found.
Tue, 19 Sep, 2017
Early summer barbecues and higher prices proved a potent combination for UK supermarket chain Sainsbury, as its acquisition of Argos appears to be paying off.
Wed, 05 Jul, 2017
Sat, 07 Jan, 2017
Britain’s biggest retailer Tesco has warned its multinational suppliers against pushing up prices after a drop in the pound so they can maintain their reported profits.
Fri, 18 Nov, 2016
British supermarket giant Sainsbury’s yesterday said it was prepared for an escalation of price wars in Britain’s highly-competitive supermarket sector after reporting a decline in underlying quarterly sales.
Thu, 09 Jun, 2016
Whether you’re selling clothes or baked beans, UK retailing is a tough place to be right now.
Thu, 05 May, 2016
Sainsbury’s, Britain’s second biggest supermarket, reported its first quarterly sales increase in more than two years, three days before a deadline for it to raise its offer for Home Retail, which owns Argos.
Wed, 16 Mar, 2016
Sainsbury’s, Britain’s second-biggest supermarket, yesterday confirmed a better-than-expected performance in its Christmas quarter and upgraded its sales forecast for the second half.
Thu, 14 Jan, 2016
Sainsbury predicted no let-up in the difficulties facing the UK supermarket industry, taking the shine off a better-than-expected Christmas quarter.
Thu, 08 Jan, 2015
The FTSE 100 Index fell for the fourth session in a row in today as traders took little comfort from the latest eurozone recovery measures.
Thu, 02 Oct, 2014
Wed, 23 Nov, 2005
Fri, 18 Nov, 2005
Former Asda boss Allan Leighton is set to lead a takeover bid for struggling UK supermarket chain Sainsbury’s, reports today said.
Sun, 31 Oct, 2004
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