Selection of Sainsbury's own brand goods to be sold in Australia's Coles
11th Nov 2019 13:22
(Sharecast News) - Sainsbury's has agreed a strategic wholesale partnership with Coles, the leading Australian food and drink retailer, which will include selling a selection of their own brand products.
Read moreSainsbury's profits fall 15% after ASDA deal failure
7th Nov 2019 07:58
(Sharecast News) - Supermarket chain Sainsbury's on Thursday reported a 15% fall in interim profits due to the phasing of cost savings, higher marketing costs and tough weather comparatives.
Read moreSainsbury's returns to sales growth - Kantar
15th Oct 2019 09:40
(Sharecast News) - Sainsbury's was the best performer among the big four supermarkets in the 12 weeks to 6 October as it returned to sales growth, according to data from research firm Kantar.
Read moreShoreCap upgrades Sainsbury to 'hold' on valuation grounds
7th Oct 2019 12:45
(Sharecast News) - Analysts at ShoreCap raised their recommendation on Sainsbury's shares from 'sell' to 'hold' on valuation grounds, but shied away from recommending a 'buy' following the recent loss of Argos Sainsbury boss, John Rogers, and the likelihood of a flat medium-term earnings trajectory for the grocer.
Read moreMonday broker round-up
7th Oct 2019 12:28
(Sharecast News) - Royal Dutch Shell: Goldman Sachs reiterates buy with a target price of 3,200p.
Read moreSainsbury's Argos CEO stepping down to become WPP CFO
1st Oct 2019 07:57
(Sharecast News) - The chief executive of Sainsbury's Argos, John Rogers, is leaving the supermarket retailer at the end of the month to become chief financial officer of advertising group WPP.
Read moreSainsbury's sees ?50m fall in interim profits but holds FY outlook
25th Sep 2019 07:05
(Sharecast News) - Supermarket group Sainsbury's said first-half pre-tax profits would fall by £50m due to the impact of unseasonal weather and higher marketing costs, but maintained its full year outlook.
Read moreMonday broker round-up
23rd Sep 2019 11:33
(Sharecast News) - Petra Diamonds: Berenberg upgrades to hold with a target price of 9p.
Read moreTuesday broker round up
17th Sep 2019 13:30
(Sharecast News) - Sainsbury: UBS upgrades to buy with a target price of 240p.
Read moreSainsbury's outperforms peers in latest Kantar data
17th Sep 2019 09:26
(Sharecast News) - Sainsbury's was the standout performer among the 'big four' supermarkets in the 12 weeks to 8 September, according to data from research firm Kantar.
Read moreSainsbury's to roll out refillable packaging to fight plastic pollution
13th Sep 2019 08:08
(Sharecast News) - Sainsbury plans to introduce refillable packaging for products such as milk and fizzy drinks through the adoption of returnable glass bottles as a part of the fight against plastic pollution.
Read moreInvestec upgrades Morrisons to 'buy', says supermarket weakness unwarranted
28th Aug 2019 14:49
(Sharecast News) - Investec upgraded its rating on Morrisons shares to 'buy' from 'hold' on Wednesday as it took a look at the UK supermarket sector, arguing that current weakness is unwarranted.
Read more'Big four' supermarkets see sales and market share declines - Kantar
20th Aug 2019 09:26
(Sharecast News) - Sales at Britain's 'big four' supermarkets fell in the 12 weeks to 11 August, according to figures released by research firm Kantar on Tuesday.
Read moreSainsbury's continues to underperform but sales decline eases - Kantar
25th Jun 2019 08:49
(Sharecast News) - Sainsbury's has seen its sales decline ease, according to the latest data from Kantar, but the retailer continues to underperform its rivals.
Read moreLidl ramps up London expansion with £500m investment
12th Jun 2019 12:00
(Sharecast News) - German discounter Lidl has unveiled a £500m investment plan for London, as it looks to ramp up its foothold in the capital and heap further pressure on larger rivals.
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