J Sainsbury brings forward its net zero emissions target date by five years
The supermarket group said it plans to reach net-zero emissions by 2035 and is exhorting its suppliers to work harder to cut their carbon footprints, too
Company
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
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The supermarket group said it plans to reach net-zero emissions by 2035 and is exhorting its suppliers to work harder to cut their carbon footprints, too
The supermarket revealed last November that had been received expressions of interest in Sainsbury's Bank
Four “dark stores” have opened in London to service the demand.
“Major changes are about to come in consumer grocery shopping patterns"
The supermarket group is recruiting 22,000 temporary staff over the festive season
The practical economics of electric vehicle charging on a mass scale have yet to be decided
The grocer's shares hit a multi-year high last month amid mounting takeover speculatioin
Sainsbury's Bank is clearly sub-scale says Shore Capital
The grocer is an obvious target for private equity suggest analysts
US buyout firm Apollo is said to be exploring the possibility of a bid for Sainsbury’s
Under the new rules, food industry workers will be able to keep working provided they continue to test negative for COVID-19, rather than having to isolate for 10 days
Already this sub-industry is “highly crowded”, the analysts noted, but many are well-funded and rolling out their operations in the dense major cities
Simon Roberts told reporters there was “nothing to update” on regarding bid approaches to the FTSE 100 group
Sales in the first quarter were ahead of expectations as the grocer focuses on new launches and price reduction initiatives
Lidl wants to open around 140 more new stores by 2023, whilst Aldi is targeting 280 by 2025.
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The diary will also feature news from housebuilders Vistry and Persimmon as well as package holiday provider and airline Jet2 and bookmaker Entain
A trawl through book-to-asset-value ratios suggests a lot of well-known London-listed companies are cheap, while it is rumoured that private equity firms have cash burning holes in their pockets
Analysts at Jefferies said while the supermarket's Argo business had driven its recent outperformance, they expected this momentum to "worsen" going forward
Discounters are also a big threat in their key areas of expansion, such as London
Nickolds worked for John Lewis for 25 years after starting as a graduate trainee