Sainsbury's news and analysis – Page 172
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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...
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Mobile top-up kiosk offer
Coin-counting machine specialist Coinstar is in talks with retailers to install 400 electronic top-up kiosks.The company, which has its coin counting machines at 80% of Sainsbury’s large stores and 95% of Asda’s estate, has developed...
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Prices crash at Sainsbury
New evidence has emerged to suggest Sainsbury is moving down prices as part of a plan to become more competitive with its bigger rivals. In the first check conducted as part of the newly-revamped Grocer 33 shopping survey, Sainsbury has scored...
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Headhunter hits back at Sainsbury
The row over Sir Ian Prosser’s appointment as chairman-elect of Sainsbury erupted again yesterday.Newspaper reports state that headhunter Whitehead Mann has accused the supermarket group of passing over all the blame for the failed...
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Life in the chain gang
Sainsbury’s Martin White is responsible for one of grocery’s most ambitious operational shake-ups. He talks with Elaine WatsonTrawl through the press cuttings on Sainsbury’s business transformation programme over the last 12 months...
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Cadog spreads
Welsh branded dairy range Cadog has now gained listings in almost all of the country’s major multiples.The products are available in Morrisons, Safeway, Sainsbury, Asda and Makro, and will also be in Tesco from mid-June.The range,...
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Backroom goes paperless
Sainsbury is embarking on a radical mission to drive efficiency in the last 50 yards of its supply chain in a bid to improve on-shelf availability.The Retek Store System, which will be piloted at the end of the year and rolled out across the...
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not the right place to sell soya milk
from Jenny Deeprose, Redhill, SurreySir; I could not believe my eyes, when looking at the label on a Sainsbury’s own brand, four pint semi-skimmed milk carton.I noticed an advert and money-off coupon for Alpro soya milk....
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Plenty of scope for the co-ops
Sainsbury is showing a slip in share to 15.9% after the modest rebound it achieved three months ago. At this time of year the seasonal non-food ranges of Asda and Tesco give added growth to stores sales which can be gauged by their average spend per...