UK supermarket Sainsbury's will take part in a multi-million euro research project to promote sustainable foods such as vegetarian food, triggering accusations of "an anti-meat agenda" from British farmers.
British high street retailer Somerfield has rejected the initial
advances of Icelandic group Baugur, but the possibility of a formal
offer - and an eventual link up with the Iceland chain - remains on
the cards, provided Baugur comes...
J Sainsbury, the UK's third largest food retailer, has continued
its move into the convenience store sector with a third acqusition
this week. But is this really the answer to the questions about the
ailing company's long-term...
J Sainsbury, Britain's third largest supermarket group, has warned
that pre-tax profits are likely to be below forecasts this year as
the company slashed its margins to compete with lower-priced
rivals. The warning, coming at...
Britain's third largest supermarket group Sainsbury today confirmed
that it had slipped into the red in 2003 as it continued to feel
the impact of its three-year structural overhaul. The company had
already warned that margin...
British retailer Sainsbury has acquired 14 supermarkets from
compatriot Morrisons - including the original Morrisons store in
the Yorkshire town of Ripon. But the group still lags behind rival
Asda, which also announced expansion...
Sainsbury's interest in UK convenience store operator TM Retail
appears to be waning after the multiple grocer's offer for the
business was rejected by its owners. But this could be no bad thing
for Britain's number...
Sainsbury's poor performance over the last year has led to renewed
speculation that the number three UK supermarket group could be a
target for takeover, with US buyout specialists Kohlberg Kravis
Roberts named this week as the...
Struggling British food retailer Sainsbury's has given itself a
£225 million shot in the arm with the sale of its US unit Shaw's to
the Albertsons chain. Despite good performances from Shaw's in
recent years - better,...
Britain's third and fourth largest grocers have shown contrasting
sales performances in recent weeks, and Morrisons' recent takeover
of Safeway means that Sainsbury is now under serious threat of
dropping further down the...
Sainsbury's already tarnished reputation took another serious knock
this week when the company bowed to shareholder pressure and
decided not to appoint its preferred candidate to the post of
Supermarkets have invested a great deal of time and money in
improving the quality of service that they offer to their customers
in recent years, and this has become as much a way of
differentiating between fascias as the products...
If 2003 was all about Safeway, and in the end Morrison's, in 2004
the UK grocery market agenda will be dominated by price. That is
the key finding of a new report from retail market analysts
Verdict published this week.
Sainsbury, the perennial underachiever in the UK retail sector, has
again reported a mixed set of quarterly results, with the Christmas
period boosting revenues towards the end of the third quarter and
offsetting another poor performance...
Sainsbury has appointed a former Marks & Spencer executive as
its new CEO, replacing Sir Peter Davis who will become chairman.
But Davis' ambitious attempt to pull the company out of the
doldrums continues to misfire, with...
Sainsbury, the UK's number three food retailer, is falling further
behind rivals Tesco and Asda with a decline in like-for-like sales
during the second quarter of the year. The company also faces
increased competition from a...
Sainsbury is to launch a range of 2,500 non-food items, ranging
from cookware to electrical goods. But is the launch - ambitious as
it is - simply another example of the retailer running to catch up
with its more successful rivals...
Sainsbury has been dealt a double blow this week, with the news
that its hostile bid for 171 Somerfield stores is likely to come a
cropper at the hands of the regulators followed by the even more
devastating evidence that it has been...
Sainsbury has been investing heavily in revamping its business for
the last two years, but its latest quarterly results show that
there is still an immense task ahead of the UK's number two
supermarket group. So much so that...
After fighting off two hostile bids, including one which would have
seen 171 of its stores pass into the hands of rival Sainsbury, the
future of UK retailer Somerfield looks more stable. But the company
is likely to remain a takeover...
The premium private label products - both food and non-food - of
the leading UK retailers Tesco and Sainsbury are now worth more
than some of the brands they were originally created to emulate,
according to new data from Euromonitor.
Double-digit growth in underlying profits in the first half have
left the UK's number two food retailer Sainsbury bullish about its
prospects for full-year growth. And new store formats, an increase
in the range of non-food items...
Britain's top two food retailers, Tesco and Sainsbury, are at the
centre of a row over customer loyalty, with Tesco accusing its
rival of trying to lure away customers by offering them money-off