Sainsbury's - Latest News and Analysis – Page 154
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News
Sainsbury: can it be resuscitated?
Sales at Sainsbury, once Britain’s proudest supermarket, are flatlining. There are signs that chief executive Justin King is breathing new life into the business. But is he applying the right treatment to restart its pulse? The City gives its...
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OFT must probe differences in terms
from John Bowden, Wholesale Confectionery & Tobacco AllianceSir; The Alliance is concerned at the latest developments in the Office of Fair Trading’s analysis of the Sainsbury/Jacksons purchase (The Grocer, November 6, p4). It...
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JS flags up buying British policy
Sainsbury is to relaunch its fresh produce packaging to highlight its pro-British buying policy.The labelling will incorporate information about where the food was grown, which the multiple said would make it easier for shoppers to distinguish...
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Sainsbury closes Oxford Street store
Sainsbury is selling its Oxford Street store in London less than two years after taking up the leases.The 4,600 sq ft store will close as part of a programme to shut 12 under-performing smaller stores, and the Oxford Street stores is...
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Tesco’s McMeikan to be retail director at JS
Tesco’s Ken McMeikan has been appointed retail director for Sainsbury and will join the operating board in early 2005. McMeikan has worked at Tesco for the last 14 years and was in line to take on the role of chief executive of its Japanese...
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labour’s pandering to deep pockets
from Steve Parfett, chairman, Landmark Cash and CarrySir; Last week’s decision on Sainsbury’s acquisition of Jacksons demonstrates once again the short-term nature of all New Labour’s policy-making. Much like the pension issue,...
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No, the OFT just can’t see it
Elaine WatsonA new report into Sainsbury’s acquisition of Jacksons from the OFT betrays the regulator’s “astonishing lack of understanding” of the food retail market, independent retailers have claimed.The eight-page report, which explains...
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Expansive work for Blueheath
Former Sainsbury buyer Nayla Chohan has been appointed to Blueheath’s buying department as part of the wholesaler’s expansion programme.Chohan will be responsible for buying crisps and snacks, grocery, non-food and drop-shipment. Previously,...
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Asda’s pre-tax profit rockets 10% to £671m
Asda’s profits in 2003 were almost three times what its nearest rival Sainsbury is predicted to make this year.Figures filed at Companies House reveal Asda’s sales rose 9.3% to £14.433bn in the year to December 31, 2003. Pre-tax profit was up...
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‘A failure to understand what’s going on’ – FWD
Sainsbury’s acquisition of the Jacksons c-store chain has been cleared by the OFT, despite strong opposition from the independent sector.Delegations from the Association of Convenience Stores and the Federation of Wholesale Distributors met OFT...
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Award for Vitacress
Grower and packer Vitacress Salads has won an industry award for the innovative organic farming methods it developed to produce baby salad leaves for M& S and Sainsbury. Vitacress scooped The Worshipful Company of Fruiterers’ Environmental...
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Sainsbury’s Jackson purchase given go-ahead
The OFT has waved through Sainsbury’s acquisition of the Jacksons c-store chain, despite a concerted campaign of opposition from the independent sector.Delegations from both the Association of Convenience Stores and the Federation of...
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Sainsbury develops grow-your-own lettuce
Researchers at Sainsbury have developed the first supermarket lettuce designed to be grown on a kitchen windowsill, according to a report in today’s Guardian.The lettuce, crossed from endive, gem and curly-leafed strains, has taken two years...
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JS hits a record low market share
The strategic review undertaken by Sainsbury confirms how challenging and competitive food retailing has become in the past three years. The announcement coincides with the lowest ever market share for Sainsbury for total till (food and...
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JS turns heat on suppliers
Sainsbury should get its own house in order rather than expecting suppliers to bail it out, said manufacturers after it emerged they had been sent letters demanding better terms.Speaking after Sainsbury unveiled a 1.1% decline in second-quarter...
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The beginning of recovery. Perhaps
Justin King says this time it will be different. Will it really? Amy Balchin searches for evidenceIf you expected a bold change in strategy from Justin King this week you will have been sorely disappointed. “This time it will be...
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Sainsbury reveals recovery plans
Sainsbury has said that second-half underlying profit would not be significantly different from the £125m to £135m range it forecast for the first six months, however, estimated exceptional costs for the company amount to £550m.These costs...
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Picking a plum job
If out of stocks are a headache for customers, they create a migraine for online pickers as deputy editor Siân Harrington found out. She spent the day as a Sainsbury picker in the first of a new series in which members of The Grocer team trade...
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High Noon for Waitrose and Sainsbury
Waitrose has teamed up with fine dining London Indian restaurant Quilon to launch a new range of chilled meals to rival Sainsbury’s Bombay Brasserie range.The range of seven offerings, produced by Noon Products, which also makes the Sainsbury’s...