Simon Roberts news, comment and opinion – Page 15
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NewsSainsbury’s shrugs off inflationary pressures to hike profits expectations
Sainsbury’s has hiked its profit expectations for the full year despite pledging action on price and mounting inflationary pressures following better-than-expected sales in the first quarter
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NewsCity snapshot: Sainsbury’s upgrades earnings on strong Q1 sales
Sainsbury’s has raised its full year profits expectations after posting growth in its first quarter despite ’exceptionally tough comparatives’.
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NewsMedia Bites 28 June: Ocado, Morrisons, Food shortages
A co-founder of Ocado has made a “significant payment” to settle a legal dispute with the FTSE 100 online grocer
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NewsSainsbury’s and JLP among founding members of ‘Diversity in Retail’ group
Diversity in Retail aims to increase diversity and inclusion across all levels in the industry via cooperation between member retailers
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NewsSainsbury’s CEO ‘proud’ of staff recognised in Queen’s Birthday Honours
James Beardwell and Rosey Hull were awarded the British Empire Medal (BME) in recognition for the work they did for their communities during the pandemic
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NewsMedia Bites 10 June: SSP Group, Morrisons, Oatly
On a quiet day for retail and F&B news, the papers focus on the Covid-related losses of Upper Crust owner SSP Group.
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NewsMedia Bites 8 June: Tesco/Carrefour, Sainsbury’s, Reckitt Benckiser
The papers pick up stories on the end of the Tesco and Carrefour buying alliance, remuneration at Sainsbury’s and the lossmaking sale of Reckit Benckiser’s baby formula business in China.
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NewsSainsbury’s puts squeeze on suppliers ahead of major range reset
The Grocer understands all major suppliers have been contacted by the retailer, with some already having been delisted as Sainsbury’s looks to rationalise and reduce prices
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NewsJudith Batchelar to leave Sainsbury’s after 17 years
Batchelar is leaving the supermarket chain to “pursue a range of other interests”
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NewsSainsbury’s hires Paula Nickolds as general merchandise and clothing commercial director
Nickolds spent 25 years with the John Lews Partnership
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NewsSainsbury’s shares fall on well-flagged Covid costs
Sainsbury’s was the latest grocer to see its share price fall after one-off costs drove it to an annual loss
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Analysis & FeaturesWhat’s the plan for Sainsbury’s following £261m loss?
Simon Roberts insists the business ‘is in good shape and has lots of potential’. How is he planning to bounce back?
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NewsMedia Bites 29 April: Sainsbury’s, WH Smith, Nestle, Reckitt Benckiser
A busy morning for food and drink in the papers, with Sainsbury’s annual results in focus.
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NewsSainsbury’s slumps to a loss despite surging revenues amid pandemic
Underlying pre-tax profits at the group slumped 39% to £356m in the year ended 6 March 2021, despite a 7.3% jump in retail sales to £28.8bn
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NewsCity snapshot: Sainsbury’s slumps to a loss despite surging revenues
Sainsbury’s has plunged into the red after £485m of Covid-related costs and £600m-plus of restructuring charges for its Argos transformation programme more than offset a surge in revenues over the past year. Plus, on a busy morning, trading updates from Reckitt Benckiser, Carlsberg and Nichols; Deliveroo appoints two non-execs; and the latest shop prices index from the BRC and Nielsen.
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Analysis & FeaturesWhy are supermarkets scrapping their dark stores?
Online demand is soaring, and in-store picking costs more per order. What’s going on?
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NewsSainsbury’s moves put 1,150 jobs at risk
Sainsbury’s is to cut around 500 head office roles and is closing an online fulfilment centre
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NewsSainsbury’s to drop 'Live Well for Less' slogan
The supermarket will swap out its decade-old ‘Live Well for Less’ strapline in the coming months
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Comment & OpinionWhat Sainsbury’s Aldi Price Match says about the grocery market
When Sainsbury’s is taking a tilt at Aldi on price you know something extraordinary is happening
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NewsSainsbury’s apes Tesco with launch of Aldi Price Match campaign
The supermarket has today launched Aldi Price Match, having reduced the price of around 250 staple grocery products