UK grocery sales ease on anniversary of pandemic
30th Mar 2021 11:33
(Sharecast News) - British grocery sales slowed ahead of the anniversary of the first national lockdown, industry data published on Tuesday showed.
Read moreLockdown continues to weigh heavily on shop prices - BRC
30th Mar 2021 08:04
(Sharecast News) - Shops prices continued to fall in March, industry research showed on Wednesday, as embattled retailers discounted goods.
Read moreUp to 1,150 jobs at risk at Sainsbury's
4th Mar 2021 07:49
(Sharecast News) - J Sainsbury is to cut 500 office jobs, with another 650 positions also at risk, as the supermarket chain overhauls workspace and looks to boost its online offering.
Read moreSainsbury's to forgo business rates relief
3rd Mar 2021 15:13
(Sharecast News) - Sainsbury's said on Wednesday that it will forgo business rates relief on all of its stores again this year, after chancellor Rishi Sunak announced in his budget an extension until the end of June for all retail, hospitality and leisure businesses in England.
Read moreUK grocery sales surge as lockdown shutters hospitality sector
2nd Mar 2021 09:14
(Sharecast News) - Grocery sales surged over the last month, industry data showed on Tuesday, as the lockdown continued to curtail spending in cafes, pubs and restaurants.
Read moreCredit Suisse upgrades Tesco, downgrades Sainsbury's
24th Feb 2021 10:57
(Sharecast News) - Credit Suisse switched its preference from Sainsbury's to Tesco on Wednesday as it took a look at the UK food retail sector.
Read moreSainsbury's to match Aldi prices in new battle on market share
10th Feb 2021 09:15
(Sharecast News) - UK supermarket Sainsbury's said it was slashing the prices of hundreds of essential groceries to match discount rival Aldi.
Read moreOnline grocery sales surge as lockdown 3.0 bites
9th Feb 2021 10:08
(Sharecast News) - British shoppers spent a record £1.4bn buying groceries online last month, industry data showed on Tuesday, following the introduction of the third national lockdown.
Read moreRetailers demand legislation to protect shopworkers from abuse - BRC
5th Feb 2021 11:28
(Sharecast News) - Chief executive officers from over 65 companies wrote to the Prime Minister calling for greater legal protection for shopworkers in England and Wales after an increase of verbal abuse and violence due to Covid safety measures.
Read moreGrocery sales boom as lockdown measures shutter pubs and restaurants
2nd Feb 2021 07:42
(Sharecast News) - Grocery spending spiked in the last three months, boosted by Christmas and the re-introduction of lockdown measures, industry data showed on Tuesday.
Read moreSainsburys lifts FY forecasts after booming Christmas sales
7th Jan 2021 07:01
(Sharecast News) - Sainsbury's lifted profit forecasts after a booming festive period as Britons treated themselves to champagne and steaks and online orders hit record levels in response to pandemic restrictions on the size of gatherings.
Read moreBritish shoppers spend record £11.7bn on groceries in December
5th Jan 2021 10:11
(Sharecast News) - December was the busiest month ever for British supermarkets as tightening restrictions and the closure of restaurants, bars and cafes meant shoppers spent £11.7bn on groceries, according to market research firm Kantar.
Read moreTesco to win on price cuts, Morgan Stanley says
17th Dec 2020 13:53
(Sharecast News) - Tesco will be the winner with price cuts set to be a major theme for grocers in 2021, Morgan Stanley said as it increased its price target for Tesco shares.
Read moreLesley Jones appointed chair of Sainsbury's Bank
17th Dec 2020 07:34
(Sharecast News) - Sainsbury's has appointed Lesley Jones as the new chair of its bank with effect from 30 January 2021.
Read moreUK grocery sales boom in November to hit record £10.9bn
8th Dec 2020 10:36
(Sharecast News) - UK grocery spending surged to an all-time high of nearly £11bn in November, industry data showed on Tuesday, as the second national lockdown came into effect and shoppers began stocking up for Christmas.
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