Sainsbury's news

04 April 2018
New data from Kantar Worldpanel provides mixed signals about the state of the grocery market, with the figures impacted by weather disruption, the timing of Easter and lower inflation. Overall sales growth slowed significantly to 2.5% in the 12 weeks to March 25th, from 3.2% in the 12 weeks to February 25th. Lower inflation and adverse weather reduce growth The data suggests that overall lo...
27 March 2018
Sainsbury's has broadened access to its Tu clothing offer by making it available through Argos for the first time. Argos provides new channel The launch means that shoppers can now order Tu clothing online, for next day home delivery or free collection from 1,100 Sainsbury's and Argos stores across the UK. The development should accelerate the growth of the Tu brand, with the additional footf...
21 March 2018
Sainsbury's has revealed a major pricing initiative, with prices lowered across a wide range of popular fresh and grocery items. Targeted price reductions The £150m price investment involves price cuts across 930 SKUs that span national brands and private label products. Sainsbury's estimates that a typical weekly family shop will be £4.95 cheaper as a result of the price cuts, a fall of 8%...
08 March 2018
Sainsbury's has announced proposals to increase store pay for colleagues as part of a broader drive to simplify how it remunerates its staff. £100m investment in staff Under the proposals, basic pay rates will rise from £8.00 to £9.20 per hour (or to 9.80 per hour in inner London). The move follows three consecutive years of 4% pay rises and will bring the base pay increase to 30% over four...
05 February 2018
Supermarket giant Sainsbury's and leading forecourt retailer Euro Garages have ended their partnership after two years. Euro Garages trialled six of the supermarket's outlets in its forecourts following the launch of the partnership in 2016. Joint decision The partnership was announced in 2016, and saw the opening of a Sainsbury's Local store at Euro Garages' flagship site in Blackburn. ...
01 February 2018
Sainsbury's retail and operations director Simon Roberts has provided new detail around the retailer's strategy in an interview in Retail Week. Doing more of the right things for customers While food remains at the heart of Sainsbury's proposition increasingly it will be stores' services offer that creates the footfall for the core grocery offer. Over the last few years, Sainsbury's has mov...
01 February 2018
The UK's second largest grocer has announced the purchase of the Nectar loyalty card business from Canada's Aimia, giving it full control over its customer data. The change in ownership will not affect the operation of the scheme and Nectar card holders will continue to be able to collect and redeem points in the same outlets as present. A sweet deal for Sainsbury's In a statement Sainsbury...
23 January 2018
The UK's second largest grocer has revealed proposals to make significant cuts to store management positions. The move comes as Sainsbury's steps up its three year plan to deliver £500m in cost savings. Managerial jobs reduced The changes will see Sainsbury's axe a number of management roles at both its supermarkets and convenience stores, including deputy manager, department manager and te...
10 January 2018
Sainsbury's has reported very positive trading figures for the Christmas period across all parts of its business as a strong operational performance supported an effective Christmas strategy. With synergies from the Argos acquisition being delivered faster than planned, it now expects full year profits to be slightly ahead of published consensus. Grocery growth drives result Total ex-fuel ret...
09 January 2018
New market data from Kantar Worldpanel, for the 12 weeks to December 31st, suggests that the grocery sector enjoyed significant sales growth over the festive period. Sales rose by 3.8%, considerably faster than the 3.1% in the previous 12 week period.   Inflation drives £1bn sales increase Sales for the festive period were £1bn higher than 2016 as higher inflation obliged customers to sp...