Daniel Kretinsky, the Czech industrialist known as the Czech Sphinx, has emerged as the largest shareholder in Sainsbury’s after the Qatar Investment Authority agreed to sell a significant portion of
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Simon Roberts chief executive of Sainsburys has issued a stark warning to Chancellor Rachel Reeves over the potential impact of increased costs in the supermarket sector. Writing ahead of the
Asda has reignited the fierce competition among UK grocers, triggering a significant drop in share prices for market leaders Tesco and Sainsbury’s. Fresh reports indicate that Asda is increasing pressure
Sainsbury’s has drawn a definitive line under negotiations to sell Argos to JD.com after the Chinese retail giant sought a substantial shift in terms. The supermarket group confirmed the collapse
Sainsbury’s is reportedly in advanced discussions to sell its Argos retail chain to JD.com, one of China’s largest e-commerce firms. The FTSE 100 grocer acquired Argos for £1.4 billion in
Sainsbury’s, the UK’s second largest supermarket chain, has commenced an eight-week pilot of facial recognition technology at selected stores in Sydenham, south-east London and Oldfield Park in Bath. The move,
Britain’s second-largest grocer, Sainsbury’s, has reported its most robust market share performance in nine years, driven by strong demand for premium food offerings and an unexpected advantage from a cyberattack
Britain’s second-largest supermarket chain is poised to report strong quarterly sales, driven by an early onset of summer weather and shifting consumer behaviour towards seasonal goods. Sainsbury’s, commanding a 15.1
Britain’s second-largest supermarket chain Sainsbury’s has forecasted flat profits for the upcoming year as it prepares for escalating costs and heightened competition amidst a looming supermarket price war. The retail
Amid mounting concerns over a potential intensification of the ongoing grocery price war, over £4 billion has been wiped off the value of Tesco, Sainsbury’s, and Marks & Spencer shares.
Britain’s second-largest supermarket chain, Sainsbury’s, has announced plans to cut more than 3,000 jobs across its UK operations as it braces for significant cost increases this April. The dramatic restructuring
Sainsbury’s CEO Simon Roberts has issued a cautious stance on future recruitment amid mounting wage pressures, despite the supermarket giant celebrating its most successful Christmas trading period to date. The
Asda, the UK-based supermarket chain, has experienced a notable decline in its grocery market share, according to recent data from Kantar. Over the 12 weeks leading up to August 4,
