Sainsbury's news and analysis – Page 165
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News
Multiples ‘rip up’ the code
Multiple retailers have been accused of “ripping up” the supermarkets code of practice – just days before regulators report on whether it has been a success.Among a host of new tough tactics uncovered this week by The Grocer, Sainsbury has...
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The pressure mounts
Relationships are in the spotlight again, as Julian Hunt reportsOur story on page four of this week’s issue about Sainsbury’s controversial efforts to extend its payments terms has, once again, thrown the thorny issues surrounding...
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Sainsbury plays hardball
Sainsbury has provoked a storm of controversy over its dealings with suppliers by trying to force them to wait longer to be paid.The move comes just weeks after the supermarket chain made non-negotiable demands for lower invoice prices. ...
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Supplier Spotlight
Some might question the wisdom of putting all your eggs, or tomatoes, in a basket marked Sainsbury, but that is what one fresh produce company has done – and it is convinced it is the right way forward.Fresh Link’s sole client is Sainsbury...
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Cheers! The party’s over
Tough trading at Christmas has failed to dim hopes for the coming year. John Wood reportsCompetition between the major supermarkets was especially intense this Christmas with even giants such as Sainsbury and Morrisons reporting...
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Sainsbury sees fuel-driven sales growth
Sainsbury has announced a sales growth of 6.1% for its third quarter, strongly driven by petrol sales.Sales growth for the 12 weeks to January 1 totalled 2.7% if petrol was excluded, and on a like-for-like basis sales were up by 2.4% but...
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JS streamlines potato supply
Sainsbury’s drive to streamline its supply base is continuing apace, with potato supplier MBM, a subsidiary of Premier Foods, the latest to find itself surplus to requirements.Ditching the Cambridgeshire-based company means the multiple now has...
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Netto’s meal challenge
Discount supermarket chain Netto is challenging premium own label brands, such as Tesco Finest, Sainsbury’s Taste the Difference and Asda Extra Special, with a new own label range of chilled ready meals.The new six-strong range has been...
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Fasten your seat belts...
...you’re in for a bumpy ride in 2005. Last year the industry was well and truly under the spotlight thanks to the Public Health White Paper, continued c-store consolidation and the troubles at Sainsbury and Marks & Spencer. And it can expect ...
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Sainsbury London stores hit by stock errors
Sainsbury has suffered a further setback after many of its London stores ran out of fresh food this week due to a technical error. The supermarket group said fewer than 20 stores were affected but seven of its Local convenience stores had...
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Sainsbury appoints new marketing head for c-stores
Richard Lancaster, trading director for Jacksons Stores, has been appointed as Trading and Marketing Director for Sainsbury’s Convenience Division. Lancaster will take overall accountability for trading and marketing for Jacksons, Bells,...
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Farmers Alliance launch milk price talks with Sainsbury
The Fair Price for GM Free Milk Alliance – a broad coalition of farming and food organisations – met recently with senior Sainsbury representatives to demand policy changes to save small farms and sustainable agriculture in Britain.The...
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The movers who are shaking up the industry as they pick up those top jobs
> > Review of 2004Justin King became chief executive at Sainsbury in March. Nine months, the first recorded loss and several profit warnings later, he is fighting to restore JS.After Roger Holmes’ departure from M& S,...
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Hard times
2004 is a year Sainsbury will want to forget, with its first-ever loss and a failed £140m investment in IT. Can its new CEO turn its fortunes around? Elaine Watson reportsIf 1992 was an annus horribilis for the House of Windsor, 2004...
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Supply chain woes go on
Sainsbury’s supply chain woes have continued to hamper availability in-store, according to The Grocer 33 data for the last six months.The chain, which has made a concerted effort to tackle problems with its new store replenishment system and...
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Chain of disasters
Was Sainsbury’s automated fulfilment system flawed from the start or was it just badly executed?Tesco may have stolen a march on its rivals in the 1990s when it came to investing in its supply chain, conceded Sainsbury’s director of...
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Blueberry sizes up
Sainsbury is stocking what it describes as a giant blueberry.The size of a grape, it is three times larger than the usual variety. Fruit buyer Craig Sibbitt said: “Blueberries have long been known as power packs of nutritional goodness, and...
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Brewers blast big booze cuts
Brewers have accused Sainsbury of destabilising the beer market after slashing prices to as low as 33p a bottle to increase festive footfall – one of the cheapest deals available on leading brands.The supermarket ran a five-day promotion ending...
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Retailers yet to back OTM beef
The big retailers are refusing to commit to stocking over 30-month beef when the OTM rule is abolished, probably some time next year.Tesco, Asda, Sainsbury, Morrisons and Somerfield all stopped short of pledging to sell products made from the...
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Sainsbury debt drops closer to junk status
Sainsbury’s debt has been downgraded to within one notch of ‘junk’ status by Moody’s the ratings agency.The rating on £1.9bn of Sainsbury debt has been reduced by Moody’s from Baa2 to Baa3, and the agency stated that even this was a weak...