Archive
M&S to announce further store closures at first half results as clothing division struggles persist
The day ahead includes interims from M&S and trading updates from Wetherspoon and Persimmon
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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FTSE 100 closes at new record high as pound firms, US stocks gain
After a record close on Friday, Monday was always likely to get off to a slow start although it has picked up as the day has worn on...
Boss of Wal-Mart Stores’ UK chain Asda, Sean Clarke, to leave post at the end of the year
Asda’s current president and chief executive will be replaced by deputy chief executive, Roger Burnley, who joined Asda a year ago from rival UK supermarket chain J Sainsbury
Metro Bank third quarter profits surge as it continues expansion
Metro is preparing a bid for the package set up by RBS to help small and medium sized businesses
Sainsbury's to slash 2,000 jobs to cut costs as it competes with Aldi and Lidl
Sainsbury's is targeting cost savings of £500mln amid a supermarket price war
Morrisons does best of the big four as hard discounters continue to gain share
Aldi and Lidl collectively added an additional £390mln in sales in the third quarter, which accounts for half of the entire market’s overall growth this period
Investments and investor services
FTSE 100 ends in the red amid Brexit jitters and rise in UK inflation
The FTSE 100 index closed down 10.8 at 7,516 on the day
Lidl UK to open new warehouse in Peterborough as it continues rapid expansion
Lidl is to open its 15th and largest distribution centre in the UK, creating 500 jobs
M&S and Tesco ready meals supplier Bakkavor to float on London Stock Exchange
Bakkavor will float about 25% of its capital on the LSE in a deal that could value it at up to £1.5bn
FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
Sainsbury's the only 'buy' as Berenberg sizes up the winners and losers in the UK grocery sector
The German bank warned of: “Slow market growth, market share losses in the supermarket channel and intensifying competitive and cost pressures will continue to restrict growth and margin expansion for Tesco, Sainsbury and Morrison”
FTSE 100 closes higher, boosted by weak sterling and Ferguson
The pound's weakness is the source of the Footsie's late strength
Archive
Healthier options expected to help drive growth at food-on-the-go specialist Greggs
Day ahead includes a trading update from food-on-the-go specialist Greggs PLC, and first half results from Ferguson PLC - the plumbing supplies group formerly known as Wolseley
Credit Suisse says Tesco is “most at risk” from Aldi and Lidl’s continued growth
Analyst Stewart McGuire says only 65% of Tesco stores have an Aldi or Lidl within two kilometres of them - the lowest percentage of the 'Big Four'
More price-cutting sees Aldi UK’s profits fall for third straight year
Aldi has been forced to respond as the so-called ‘big four’ fight back with price reductions of their own
UK supermarkets sales up by over 3% for sixth month, with Tesco again leading the ‘Big Four’
Kantar Worldpanel said its latest grocery market share figures showed an overall increase of 3.6% in sales for the 12 weeks to 10 September 2017, compared with the same period last year
Co-op enters exclusive talks to buy Nisa after Sainsbury's postpones potential bid
Nisa said talks with the Co-operative about a potential merger have been constructive and the two companies say they hope to progress matters quickly
Sainsbury's to expand Argos click-and-collect service as it responds to competition from Amazon
Sainsbury's will increase the number of Argos stores within its supermarkets as part of its expansion plan
FTSE 100 finishes in debit as Fed chair Janet Yellen stays mum on policy direction
The FTSE dipped 6 points to 7,401 points after Janet Yellen left monetary policy out of her Jackson Hole speech
Lidl now UK’s seventh biggest supermarket, but ‘Big Four’ led by Tesco also seeing sales growth
The wet weather didn’t deter shoppers, with overall UK supermarket sales rising 4% year-on-year