Sainsbury’s bullish despite slide in sales and profits
But profits were well above market expectations despite the challenging outlook facing all the major supermarkets. Earlier research from Kantar Worldpanel found Sainsbury’s was the only major supermarket More...
Sainsbury’s gives store workers a 4% pay rise
The supermarket chain promised to “live well for less”, now Sainsbury’s has decided to pay its staff a little more. The retailer is raising its basic hourly wage from More...
Lloyds Pharmacy to acquire J Sainsbury’s pharmacy business for $138 million
J Sainsbury Plc (LON:SBRY) and Celesio AG (ETR:CLS1) owner of LloydsPharmacy Limited, have today announced the formation of a strategic partnership that will see LloydsPharmacy acquire J Sainsbury’s pharmacy More...
Sainsbury’s to overhaul stores design to boost sales
British supermarket chain Sainsbury’s is modernizing six of its stores in a new format to counter falling sales. The retailer will equip its stores with self-scan technology that will allow shoppers to pay More...
Sainsbury’s cuts 800 jobs
LONDON-J. Sainsbury PLC (SBRY.LN) has become the latest supermarket chain to cut jobs as part of a review of its stores in an increasingly competitive economic and retail environment… [READ MORE] By More...
Tesco Posts Worst-Ever Losses Amid Signs of Recovery
British grocery chain Tesco on Wednesday reported its worst full-year results ever, with losses of £6.4 billion for 2014-15, although there are indications of a possible turnaround. While the company struggles More...