Sainsbury's shelves planned Nisa takeover over competition concerns
J Sainsbury's wants to see how Tesco's planned Booker takeover plays out before restarting talks to buy Nisa
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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J Sainsbury's wants to see how Tesco's planned Booker takeover plays out before restarting talks to buy Nisa
The latest efficiency drive follows on from similar measures brought in last November and back in 2015
Argos has insisted that customers will not be affected by a workers strike later this month
Asda reported an 11.5% decline in full-year profits as it tackles mounting competition
McColl's has fallen prey to speculation it could become a takeover target as UK supermarkets try to get a slice of the convenience market
Asda is said to believe buying B&M would reduce its reliance on food sales amid a supermarket price war in the UK
Tesco, Sainsbury, Morrison's and Aldi have been losing market share to discounters Aldi and Lidl
Brexit has left UK consumers "completely in the dark" about the effect it will have on their weekly shop, Sainsbury's former chief executive has said
Sainsbury’s surprised the market with an increase in first-quarter like for like sales, excluding fuel, of 2.3%, exceeding analysts’ expectations for a 1.9% rise
In a trading statement for the 16 weeks to 1 July, the FTSE 100-listed firm said its retail like-for-like sales rose by 2.3% excluding fuel, and were up 1.6% including fuel
With the US closed today, there is every chance UK traders should have taken the day off as well
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Sainsbury's had threatened legal action against convenience store Singhsbury on claims of breaking copyright law
Kantar Worldpanel said overall supermarket sales rose by 5.0% in the 12 weeks to June 18, a stark contrast to the 0.2% decline seen this time last year
Electronic labelling would allow stores to hike or lower prices at the press of a button
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Theresa May's Tories have agreed a pact with the DUP while Italy's government has committed up to €17bn to rescue two banks
The company is looking to pay a whopping 5.5% dividend starting in October, with plans to grow it over the coming years
The bank's analysts pointed out that while there remains a fear of Amazon entering the UK, the food retail sector is likely to remain depressed
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The FTSE 100 closed 60 points up at 7,523 as the government begins Brexit negotiations.