Sainsbury's to sell Argos to Swift Partners in £120m deal
31st Jul 2026 07:11
(Sharecast News) - Supermarket chain Sainsbury's has agreed to sell Argos to newly formed retail vehicle Swift Partners, in a deal it said would allow the group to sharpen its focus on its core food business.
Read moreGrocery sales shine as heatwave boosts demand - NIQ
23rd Jun 2026 11:14
(Sharecast News) - Grocery sales shone in late May, industry data showed on Tuesday, boosted by warmer weather and the start of a summer of major sporting events.
Read moreCiti lowers Sainsbury's to 'neutral'
28th Apr 2026 13:21
(Sharecast News) - Citi downgraded supermarket chain Sainsbury's from 'buy' to 'neutral' and lowered its target price on the stock from 377p to 335p on Tuesday following the group's "broadly in-line FY26 results" and weaker-than- expected FY27 EBIT guidance.
Read moreUK grocery inflation eases to year-low - Worldpanel
28th Apr 2026 07:16
(Sharecast News) - Grocery inflation fell to a year-low in April, industry data showed on Tuesday, despite the spike in global energy prices following the outbreak of war in the Middle East.
Read moreGoldman double downgrades Sainsbury's to 'sell', shares slump
27th Apr 2026 10:32
(Sharecast News) - Sainsbury's was under the cosh on Monday after Goldman Sachs downgraded its stance on the supermarket retailer to 'sell' from 'buy' and cut the price target to 335p from 390p, citing macro headwinds and intensifying competition in non-food retail.
Read moreSainsbury's says profits could fall this year, cites Iran war impact
23rd Apr 2026 08:25
(Sharecast News) - Sainsbury's cautioned on Thursday that full-year profits could fall this year as the outlook is uncertain due to the impact of the war on Iran.
Read moreGrocery price inflation ticks higher - Worldpanel
3rd Mar 2026 09:11
(Sharecast News) - Grocery inflation inched back up in February, industry data showed on Tuesday, halting four consecutive months of falls.
Read moreSainsbury's planning to cut around 300 jobs in restructure
26th Feb 2026 16:51
(Sharecast News) - Sainsbury's is reportedly looking to cut around 300 jobs in a restructure.
Read moreShop price inflation eases to nine-month low - Worldpanel
3rd Feb 2026 11:32
(Sharecast News) - Shop price inflation continued to soften in January, industry data showed on Tuesday, reaching a nine-month low.
Read moreFestive food sales spark at Sainsbury's
9th Jan 2026 07:00
(Sharecast News) - J Sainsbury said on Friday it remained on track to deliver annual retail profits of more than £1bn, following strong demand for food and drink in the run up to Christmas.
Read moreSupermarket sales jump in run-up to Christmas - Worldpanel
6th Jan 2026 07:23
(Sharecast News) - Supermarket sales rallied in December, industry data showed on Tuesday, as shoppers sought out bargains and grocery inflation moderated.
Read moreShoppers seek out festive deals as UK grocery inflation remains high
9th Dec 2025 07:50
(Sharecast News) - Grocery price inflation remained elevated in November, industry research showed on Tuesday, prompting hard-pressed shoppers to seek out festive promotions.
Read moreQatar Holding to sell up to 97.5m Sainsbury's shares
2nd Dec 2025 18:02
(Sharecast News) - Qatar Holding (QIA) - a subsidiary of the Qatar Investment Authority - is planning to sell up to 83.6 million shares in Sainsbury's in a placing, according to a statement released by JPMorgan Securities on Tuesday.
Read moreFood inflation eases as grocers ramp up promotions
11th Nov 2025 08:54
(Sharecast News) - Food price inflation slowed in October, industry data showed on Tuesday, as supermarkets began ramping up promotions ahead of Christmas.
Read moreSainsbury's lifts profit guidance after bumper first half
6th Nov 2025 07:03
(Sharecast News) - UK retailer Sainsbury's on Thursday lifted full-year profit guidance and increased shareholder payouts after interim earnings and sales beat expectations, sending shares in the chain more than 6% higher.
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