Sainsbury's news and analysis – Page 62
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NewsCity snapshot: Sainsbury’s sales jump but coronavirus profit hit to exceed £500m
Sainsbury’s has reported a double digit grocery sales increase in the first quarter of the year, but warned it expects a profit hit of more than £500m from the coronavirus crisis. Plus, SSP Group plans to cut 5,000 jobs, B&M continues strong COVID trading and all the rest of the latest news from the City.
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NewsAldi slips back to bottom in Oxfam’s latest human rights scorecard
Lidl climbs to fourth while Asda slips down to fifth place
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Analysis & FeaturesCoronavirus in-store safety: which supermarkets are doing it best?
The coronavirus pandemic has forced retailers to introduce a variety of social distancing measures to keep staff and customers safe. We worked with Shepper on a spot check of 500 supermarkets to find out who’s doing it best
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News#BoycottSainsburys trends amid racist statue mixup
False claims are circulating that legendary ex-Sainsbury’s CEO Lord Sainsbury of Preston Candover – whose Linbury Trust donated £10m to set up the museum - ordered the Robert Milligan statue to be taken down
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NewsSainsbury’s boss Simon Roberts reshuffles board on first day
Chief digital director Clodagh Moriarty will take on the new role of retail and digital director
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Comment & OpinionSainsbury’s slicing stop is ‘worst news’ for one shopper
Minor collateral damage in the effort to maintain social distancing
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NewsSainsbury’s takes Chop Chop delivery service outside London
Sainsbury’s said the expansion would support efforts to feed the nation and help meet unprecedented demand
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NewsSainsbury’s and customers raise over £4m for Comic Relief and Children in Need
The supermarket is also donating more than 750,000 new items for men, women and children from its Tu clothing range to loc…
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NewsSainsbury’s appoints Weed and Kapilashrami as non-exec directors
Keith Weed and Tanuj Kapilashrami join on 1 July to replace outgoing board members Matt Brittin and Jean Tomlin
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NewsSainsbury’s not yet ‘in the money’ despite coronavirus sales uplift
Mike Coupe’s final results as Sainsbury’s boss firmly dispelled any notion the supermarket is finally “in the money” as a result of the coronavirus-induced grocery sales surge.
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NewsSainsbury’s optimistic profits will hold despite £500m coronavirus hit
CEO Mike Coupe has presented a positive forecast for the 2020/21 financial year
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NewsCity snapshot: Sainsbury’s defers dividend amid £500m coronavirus hit
Sainsbury’s has deferred its final dividend amid the “significant impact” of the coronavirus outbreak on its business, which it expects to generate £500m of extra costs. Plus, on a busy morning, updates from Reckitt Benckiser, Carlsberg, M&S, C&C Group and British American Tobacco.
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NewsFormer Sainsbury’s buyer James Bailey made Waitrose executive director
Recruitment is also underway for the same role for John Lewis to replace Paula Nickolds
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NewsSainsbury’s coronavirus charity appeal passes £3m mark
Sainsbury’s is encouraging shoppers to keep giving as much as they can until the end of next week
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NewsSainsbury’s to extend opening hours and reopen petrol station stores
CEO Mike Coupe told customers the vast majority of the chain’s supermarkets will be open from 8am to 10pm from Monday
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NewsSainsbury’s increases number of safety screens at busiest stores
The supermarket claimed the moved made it the first retailer to reopen ‘such a large number’ of manned checkouts in stores
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NewsSainsbury’s partners with software group for AI supply chain platform
The new artificial intelligence-powered platform is expected to be able to predict and prevent potential supply chain disruptions
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NewsSainsbury’s launches volunteer card to support those shopping for self-isolators
The new card follows a similar initiative by Waitrose earlier this month
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NewsSainsbury’s to ease buying restrictions on most products
Sainsbury’s will also introduce a volunteer gift card and online voucher to help those shopping for others
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NewsSainsbury’s revives Chop Chop delivery service from closed c-store
The supermarket had suspended its on-demand service, which guaranteed the delivery of up to 20 items in less than 60 minutes, to focus all efforts on stocking stores and meeting surging demand for online





