Groceries drive 8.2% Sainsburys sales rise under new CEO
1st Jul 2020 06:56
(Sharecast News) - Supermarket chain Sainsbury's reported an 8.2% rise in first quarter like-for-like sales driven by groceries as Britons stocked up during the coronavirus lockdown.
Read moreWednesday preview: Global manufacturing, Sainsbury in the spotlight
30th Jun 2020 10:48
(Sharecast News) - The market spotlight on Wednesday will be on global manufacturing, with sector surveys due out in all the major jurisdictions.
Read moreInternet shoppers could face green delivery charge - report
29th Jun 2020 09:39
(Sharecast News) - The government is considering slapping a compulsory delivery charge on internet shoppers as part of an effort to cut traffic congestion and toxic emissions, according to a report.
Read moreOnline grocery sales surge as lockdown keeps shoppers at home
23rd Jun 2020 11:31
(Sharecast News) - Online grocery sales surged in the last month, industry research showed on Tuesday, as the Covid-19 pandemic and subsequent lockdown shook up traditional shopping habits.
Read moreCMA chair Tyrie quits to speak out for reform
18th Jun 2020 15:08
(Sharecast News) - Andrew Tyrie has stepped down as chairman of the Competition and Markets Authority just two years after he was appointed, saying he wanted greater freedom to push for reform.
Read moreGrocery sales jump at record pace
27th May 2020 08:46
(Sharecast News) - Grocery sales jumped 14.3% - the fastest pace on record - in the 12 weeks to mid-May as households stocked up during the Covid-19 crisis and let their hair down on the VE Day bank holiday.
Read moreThursday broker round-up
21st May 2020 13:24
(Sharecast News) - Experian: RBC Capital Markets downgrades to sector performer with a target price of 2,700p.
Read moreAldi UK teams up with Deliveroo for home deliveries
18th May 2020 11:07
(Sharecast News) - Aldi UK, the British arm of the German supermarket discounter, announced on Monday that it had teamed up with delivering service Deliveroo to provide shoppers with home deliveries.
Read moreMonday broker round-up
4th May 2020 13:34
(Sharecast News) - Go-Ahead Group: Canaccord upgrades to buy with a target price of 1,650p.
Read moreSainsbury's puts dividend on hold amid Covid-19 uncertainty
30th Apr 2020 07:03
(Sharecast News) - Sainsbury's put its dividend on hold as the supermarket group warned conditions were too uncertain to make a decision at this stage in the Covid-19 crisis.
Read moreTuesday broker round-up
28th Apr 2020 14:21
(Sharecast News) - Sainsbury: Berenberg downgrades to sell with a target price of 170p.
Read moreBerenberg upgrades Morrisons, double-downgrades Sainsbury's
28th Apr 2020 12:50
(Sharecast News) - Berenberg double-downgraded its stance on Sainsbury's to 'sell' from 'buy' on Tuesday but lifted Morrisons to 'buy' from 'hold' as it took a look at the food retail sector.
Read moreGrocery sales rise more than £500m in April
28th Apr 2020 08:40
(Sharecast News) - Grocery sales rose by more than £500m in April as the Covid-19 lockdown continued to affect households' shopping and eating habits, a survey showed.
Read moreJohn Lewis furloughs 14,000 staff and slashes millions from spending plans
21st Apr 2020 15:43
(Sharecast News) - John Lewis announced it is furloughing 14,000 staff and slashing hundreds of millions of pounds from its spending plans for 2020 after predicting that store sales could fall by a third amid the ongoing coronavirus crisis.
Read moreSupermarket sales soar as consumers stockpile household essentials
31st Mar 2020 08:47
(Sharecast News) - Sales across British supermarkets hit record levels in the last four weeks, industry data published on Tuesday showed, as shoppers rushing to stock up on food and other household staples spent an extra £1.9bn at the tills.
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