1 in 15 customer service staff have faced death threats as businesses call for better treatment December 8, 2021 Retail staff have said customer abuse has become more aggressive after the shops were hit by stock and labour shortages this year. The Institute of Customer Service, alongside bosses from household names including Marks and Spencers, Sainsbury’s and Wickes, has signed an open letter calling for better treatment of customer service staff. Workers fear abuse [...]
Sainsbury’s tells staff to delay Christmas parties until next year as UK Omicron cases top 300 December 6, 2021 Sainsbury’s staff have been asked to delay their Christmas get-togethers until next year amid fears of staff shortages. The request came following the return of mask rules to shops and public transport networks last week, following the arrival of new coronavirus variant Omicron in the UK. “We have asked all of our teams to postpone [...]
Lord Sainsbury’s family office plots £253m investment into private equity funds November 29, 2021 Lord David Sainsbury, the great grandson of Sainsbury’s founder, plans to bet big on private equity funds through his family office Innotech Advisers, according to a UK registry filing. The London-based firm, which has stepped away from public markets to invest in private companies – predominantly through loans and participation in limited partnerships with independent [...]
Revealed: Amazon to open 260 supermarkets across UK as it plots to take on Tesco and Sainsbury’s directly November 17, 2021 Amazon has developed detailed plans to storm the UK supermarket sector as the e-commerce is planning to open hundreds of cashierless grocery stores across the country in the next three years. More than 260 Amazon-owned and run supermarkets are to be launched before the end of 2024, namely 60 in 2022, another 100 per year [...]
Daniel Kretinksy: Czech billionaire poised to buy stake in West Ham United October 28, 2021 West Ham United are the subject of takeover interest from Czech billionaire Daniel Kretinsky, according to multiple reports. Kretinsky, who co-owns Sparta Prague and holds major stakes in the Royal Mail and Sainsbury’s, is said to be close to buying a 27 per cent stake in the Premier League club. The deal, first reported by [...]
Supermarket sweep: Sainsbury’s and Tesco singled out as next takeover targets October 4, 2021 Sainsbury’s and Tesco have been singled out as the next targets for buyout firms after the Morrisons deal. US investment company Fortress – which was beaten to the Morrisons takeover by private equity Clayton, Dubilier & Rice (CD&R) at auction – has indicated it is interested in other UK acquisitions. Joshua Pack, financier at Fortress, [...]
Supermarkets bleed sales thanks to food shortages October 3, 2021 The country’s largest supermarkets have lost out on more than £2bn sales this year so far thanks to food shortages. Leading retailers – Tesco, Sainsbury’s, Asda and Morrisons – lost out on sales during the first nine months of the year, according to data shared with trade magazine The Grocer. The sector has been hit [...]
Sainsbury’s looking to hire 22,000 people in supermarket’s biggest-ever recruitment drive October 1, 2021 Sainsbury’s is creating 22,000 seasonal jobs to help it meet higher demand around Christmas. The retail group, which also owns Argos, said it will be hiring store staff, delivery drivers and logistics workers as part of its “biggest ever recruitment drive”. Roles will be available across the UK from Friday, four weeks earlier than last [...]
Sainsbury’s recruiting for 22,000 Christmas jobs October 1, 2021 Sainsbury’s is creating 22,000 Christmas jobs, with higher numbers of staff required than usual. This represents 10,000 more roles compared to on average over the past five years, the retailer confirmed. It is looking for store staff, delivery drivers and logistics workers as supermarket bosses have warned of a rocky Christmas amid a labour shortage. [...]
Sainsbury’s to close all stores, Argos and Habitat on Boxing Day as a ‘thank you’ to its 170,000 employees September 13, 2021 Sainsbury’s, Britain’s second-largest supermarket chain will keep all of its supermarkets, convenience stores and petrol filling stations shut this Boxing Day as a “thank you” to its roughly 170,000 colleagues. Sainsbury’s added that all its Argos and Habitat stores will also remain shut for the day. The decision follows rivals including Morrisons, Waitrose and Marks [...]