Food shortage: Tomatoes are back on the menu as supermarkets begin to lift customer limits on fruit and veg March 10, 2023 Supermarkets have started to drop customer limits on buying certain fresh fruit and vegetables as food shortage issues that led to widespread shortages begin to ease. Asda confirmed it had removed limits of three on cucumbers, lettuce, salad bags, broccoli, cauliflower and raspberries, leaving restrictions of three on just tomatoes and peppers. The supermarket said [...]
Sainsbury’s: Up to 1,400 jobs could go as overhaul leads to the closure of two depots in Manchester and Essex February 28, 2023 Sainsbury’s has revealed plans to close two Argos depots over the next three years as part an overhaul that expected to impact more than 1,400 jobs. The supermarket giant has confirmed it is aiming to shut its Argos warehouse in Basildon, Essex, and a depot in Heywood, Greater Manchester, by 2026. It said 1,400 jobs [...]
Co-op front runner in race to buy Sainsbury’s Bank’s £650m loan book, according to reports February 21, 2023 The Co-operative Bank has tabled an offer for Sainsbury’s Bank’s £650m loan portfolio being, according to reports by Sky News. The Co-operative bank is among a number of parties understood to have tabled a bid for the supermarket bank’s loan book . An insider cited by Sky News said the Co-operative “appeared to be the [...]
Qatar interested in buying Manchester United – but bidders won’t be PSG owners Qatar Sports Investments February 9, 2023 The Qatar Investment Authority is interested in buying a stake in Manchester United and has not ruled out a full takeover. QIA, which owns Harrods as well as significant shareholdings in Heathrow Airport and Sainsbury’s, has not made an offer for United yet. But it is one of the Qatari parties mulling an offer to [...]
Bestway Group ‘not considering’ bid for Sainsbury’s despite snapping up major stake in supermarket giant January 27, 2023 Bestway Group has expanded its investment empire to British supermarkets, snapping up a stake in Sainsbury's.
Nectar users in with a chance to win a year’s worth of shopping in 50 million points payday giveaway January 27, 2023 Nectar, the loyalty card scheme owned by Sainsbury’s, is giving away 50 million points to customers as part of a promotion launching this payday weekend. ‘The Big Points Bonanza’ is taking place every day from 27 January to 4 February and gives shoppers the chance to cash in on some bonus Nectar points, which can [...]
Lloydspharmacy to axe outlets within Sainsbury’s supermarkets January 19, 2023 Lloydspharmacy has said it will pull out of its 237 pharmacy sites within Sainsbury’s supermarkets. The pharmacy chain said it has cut the services following a strategic review “in response to changing market conditions”. Lloydspharmacy added that it is “exploring options” for each branch individual and will confirm exact closure plans on a “branch-by-branch” basis [...]
Food in 30 minutes: Sainsbury’s is latest to strike delivery deal with on-demand app Just Eat January 16, 2023 Sainsbury’s shoppers can prepare for groceries at the doorstep in just 30 minutes after as Britain’s second largest supermarket struck a deal delivery app with Just Eat. With the Just Eat app, customers will be able to order items from Sainsbury’s and have them arrive at their doorstep in under half-an-hour. The on-demand service will [...]
British retailers cheer Christmas sales, but City analysts warn of coming storm January 15, 2023 Britain’s largest retailers kicked off 2023 strongly last week, posting better than expected Christmas sales, signalling the consumer is holding up a bit better than feared. Tesco’s like for like sales were 7.9 per cent higher, while Marks and Spencer pocketed a 7.2 per cent rise. Sainsbury’s also posted record Christmas sales. Those bumper numbers, [...]
FTSE 100 close: ASOS and Centrica pop to crystalise strong start to 2023 January 12, 2023 London’s FTSE 100 built on gains yesterday that propelled to its highest level since 2018 after a series of British bellwether retailers posted a decent set of results this morning and the owner of British Gas skyrocketed. The capital’s premier index closed up 0.89 per cent at 7,794.04 points, while the domestically-focused, mid-cap FTSE 250 [...]