Sainsbury's - Latest News and Analysis – Page 156
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Sainsbury may relocate its HQ
Sainsbury said yesterday it was seriously considering moving out of its Central London head offices, according to newspaper reports.The supermarket retailer outbid US investment bank Goldman Sachs four years ago to rent the former Mirror...
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Sainsbury buys Jacksons Stores
Sainsbury has bought convenience store chain Jacksons to boost its presence in this rapidly growing segment of the grocery market.Jacksons Stores runs 114 stores across Yorkshire and the North Midlands, and it recorded a turnover of £143m...
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JS denies TU TV u-turn
Sainsbury has denied that it has scaled back the launch of its new Tu clothing range next month after reports that it had scrapped a £4m TV launch of the new label.A spokeswomen said that there had been no plans for such advertising, and added:...
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Three heads add variety
Sainsbury is stocking a new, three-headed lettuce variety.The Trinity lettuce is a hybrid of three differently coloured varieties – lollo biondo, lollo rosso and red oak leaf.The lettuce, grown in a 14-acre glasshouse in Cranleigh, Surrey,...
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King rallies JS suppliers
New Sainsbury boss Justin King has urged suppliers to play their part in the rebuilding the supermarket chain – not sit on the sidelines as spectators.In an exclusive interview with The Grocer, King said suppliers recognised that the industry...
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Xcarb’s offerings for Atkins fans
Entrepreneurial newcomer Xcarb is launching a range of low-carb foods to tap into the current Atkins diet-fuelled craze in the UK.The company, set up last year by ex-Sainsbury buyer Dave Marshall, has developed a range of low-carb foods to...
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Sainsbury hurts Somerfield
Sainsbury recently opened a new £16m store in Selsdon, the first to open under the company’s new group chief executive Justin King.The development had faced considerable opposition from a local MP and Croydon Council, which rejected the...
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Sainsbury hurts Somerfield
Sainsbury recently opened a new £16m store in Selsdon, the first to open under the company’s new group chief executive Justin King.The development had faced considerable opposition from a local MP and Croydon Council, which rejected the...
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King’s supply chain vow
Supply chain problems at Sainsbury have led to repeated prosecution by trading standards, chief executive Justin King admitted at the company agm on Monday.Most recently, the company was fined £18,000 last month after it was discovered that...
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King’s supply chain vow
Supply chain problems at Sainsbury have led to repeated prosecution by trading standards, chief executive Justin King admitted at the company agm on Monday.Most recently, the company was fined £18,000 last month after it was discovered that...
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Sir Peter...and other problems
Sainsbury chief executive Justin King is expected to face tough questioning from shareholders at Monday’s agm, demanding to know how he plans to revive the flagging company.King has already stated he is carrying out a review of the business and...
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asda’s in town
Asda opened the doors of its first town centre-located supercentre on Thursday, bringing its supercentre tally to 13. The chain invested £9.5m in refurbishing the former Sainsbury Savacentre site at the Eastgate Centre in Basildon, Essex, purchased...
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Sainsbury spotlights paw paws
Exotic fruit is coming under the spotlight in Sainsbury stores in a bid to expand consumer knowledge beyond mangoes.
The retailer recently conducted a ‘try me free’ promotion on paw paw fruit which saw sales soar 300% during April and… -
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City applause for Hampton at JS
The City has welcomed the appointment of Philip Hampton, group finance director of Lloyds TSB Group, as the new chairman of Sainsbury.Hampton has a reputation for pushing through radical restructure and change which one analyst said was exactly...
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Sainsbury shares plummet
Sainsbury shares tumbled by 16.75 to 268.5p yesterday after a severe profits warning was announced following the departure of chairman Sir Peter Davis.Yesterday’s profit warning downgraded its forecasts to £400m against its previous estimate...
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Peter Davis quits
Sainsbury has issued a profits warning as well as replacing Sir Peter Davis as chairman of the company.It has announced today that its pre-tax profits for 2004/2005 will be significantly below consensus market forecasts.The majority...
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Half price push for Wimbledon
Ed BedingtonRetailers are gearing up for bumper strawberry sales as Wimbeldon fortnight gets under way, with consumers expected to eat 6,000 tonnes of the fruit.Sainsbury is hoping to boost volumes with a half-price offer at £1.79 a...
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Scots grower of the year
A soft fruit producer is celebrating after being named Scottish Grower of the Year by Sainsbury.James Gray of Angus Soft Fruit has been supplying the retailer with strawberries since 1994. Sainsbury said Gray had won the award for a number...
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Diageo goes for pyramid selling
Diageo is claiming a major innovation in spirits with the launch of single-serve pouches of its bestselling brands.Sainsbury is carrying out a six-month trial of Pyramix, a collection of nine 30ml serves of Smirnoff, Gordon’s, Archers, Captain...
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Food and beer sales up during Euro 2004
The success of the England football team so far in Euro 2004 has boosted sales in many pubs, clubs, bars and supermarkets.Sainsbury said pre-match sales of pizza have risen by 20% and Tesco has reported an increase in sales of convenience...