Why Tesco’s Finest* convenience stores make perfect sense
Aldi and Lidl have been the runaway success stories in the supermarket sector in recent years, but the likes of Waitrose and Fortnum & Mason have more than held their own
Company
J Sainsbury PLC
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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Toilet roll maker Accrol expects further growth after successful turnaround
“We now have a good foundation for us to push on and continue to grow profitably,” CEO Gareth Jenkins said.
Sainsbury's appoints former RBS executive to head financial services arm
Jim Brown replaces Peter Griffiths, who has run the business since 2012.
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FTSE 100 closes higher led by defensive stocks
Footsie closed up 39 at 7,259, while mid-cap cousin FTSE 250 went the other direction, shedding over six points to close at 19,065
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Aviva and CMC Markets in spotlight for busy Thursday
Investors look forward to a strategy update from Aviva's new boss, meanwhile, they are braced for CMC Markets results after the recent profit warning.
easyJet’s FTSE 100 relegation could be more of a dip than a descent
The budget airline is accompanied by generic drug maker Hikma on the list of firms facing the blue-chip trap door
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US jobs data, ECB policy decision to make for up meagre flow of corporate news in coming week
Asides from the macro news, the Week Ahead also brings the latest quarterly FTSE indexes reshuffle, a strategy update from insurer Aviva, and results from Auto Trader
Sainsbury's and Asda become joint second biggest UK supermarkets, Kantar reveals
Kantar Worldpanel said Sainsbury’s and Asda both lost market share in the 12 weeks to May 19.
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Netcall among Wednesday’s strugglers as its by NHS purchasing delays
Here's Wednesday's look at the major stock market movers
Marks & Spencer finals to fix FTSE 100 future
High street retailer has sunk to the relegation places in the FTSE 100 index
Will M&S be too late to the online party? Liberum thinks so…
M&S will have to deal with fierce competition: Waitrose recently unveiled ambitious plans to treble the size of its online business, while Tesco, Sainsbury and Amazon.com have been investing into their delivery propositions for a while
Investments and investor services
FTSE 100 closes higher and global stocks rally as trade fears seem to ease
On Wall Street, the Dow Jones Industrial Average is up 287 points at the time of writing
Morrisons edges lower as first-quarter growth misses forecasts
Like-for-like sales growth of just 0.2% in its stores was below the 0.5% analysts had expected, but Morrisons’ boss was relatively pleased with the “robust” performance given the drop-off in consumer confidence
Purplebricks isn’t the first UK company to fail to crack overseas markets, and it won’t be the last
Overseas markets, particularly the US, have proved tough for UK companies to crack, just ask Tesco, Next, Sainsbury’s and many others…
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AIM tech stocks Blancco and Locations Sciences boosted by deal news
A look at some of the biggest risers and fallers in London on Wednesday.
Sainsbury's posts second straight quarter of underlying sales decline although full-year profit beats forecasts
The FTSE 100-listed firm said its underlying pre-tax profit rose by 7.8% to £635mln helped by synergies from the Argos general merchandise business it purchased in 2016
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FTSE 100 closes firmly lower as investors shun risk and amid Brexit deal chatter
The UK's premier share index finished down nearly 33 points at 7,385
Sainsbury's badly lags rivals, adding to woes ahead of results
Latest supermarket sector figures showed growth for all big names except Sainsbury's
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Will Next spring a surprise in Wednesday’s first-quarter trading update?
There’s a lot for investors to get their teeth into on Wednesday, with Sainsbury’s, GSK and Persimmon among the slew of companies reporting alongside Next
FTSE 100 closes higher after US inflation data
It comes after latest data showed that core inflation in the US was flat last month (March) while consumer spending rose