Sainsbury’s prepares to repel private equity raiders after predicting bumper profits of £660m By City & Finance Reporter for the Daily Mail Published: 22:24 BST, 6 July 2021 | Updated: 22:24 BST, 6 July 2021 Sainsbury’s bolstered its defences against potential takeover bids as the supermarket giant predicted bumper annual profits of £660million. The figure … Read more
Sainsbury’s hires former John Lewis boss Paula Nickolds to head up its clothing and Argos businesses By Daily Mail City & Finance Reporter Published: 22:35 BST, 6 May 2021 | Updated: 23:13 BST, 6 May 2021 Sainsbury’s has hired the former boss of John Lewis to head up its clothing and Argos businesses. Paula Nickolds, … Read more
Sainsbury’s hires ex John Lewis boss Paula Nickolds to head clothing and homeware operations after she was sacked from department store chain last year Ms Nickolds will become general merchandise and clothing commercial director The businesswoman, 48, will also lead Argos, Habitat and Tu clothing operations She was ousted from John Lewis last January after she … Read more
The banking arm of Britain’s second-largest supermarket chain delivered a rotten set of results on Wednesday as it revealed a £48million profit in 2019-20 turned into a loss of £21million. In an announcement which contained a basketful of bad news, Sainsbury’s Bank revealed its income fell 23 per cent to £341million, deposits fell 19 per … Read more
Covid costs weigh on Sainsbury’s: Grocer dives into the red despite booming sales By Daily Mail City & Finance Reporter Published: 22:09 BST, 28 April 2021 | Updated: 22:09 BST, 28 April 2021 Covid hit: In the 12 months to March 6 Sainsbury’s slumped to a £261m loss Essential retailer status has sent Sainsbury’s sales rocketing … Read more
Sainsbury’s profits have dropped by 39 per cent despite the company seeing a strong boost in sales thanks to its position as an essential retailer during the pandemic. The supermarket giant’s Covid bill has now hit £485million and, along with a major restructuring that saw 1,150 jobs affected, means the business suffered a £261million loss … Read more
Sainsbury’s profits have dropped by 39 per cent despite the company seeing a strong boost in sales thanks to its position as an essential retailer during the pandemic. The supermarket giant’s Covid bill has now hit £485million and, along with a major restructuring that saw 1,150 jobs affected, means the business suffered a £261million loss … Read more
Sainsbury’s expands Deliveroo trial to 100 stores: Supermarket chain says most ordered items on app include bananas, milk and avocados Deliveroo users can get Sainsbury’s shopping dropped off in just 20 minutes Firms said 30% of people in Deliveroo zones can access Sainsbury’s products Most-popular items so far are fair trade bananas, followed by semi-skimmed … Read more
Two moped-riding thieves who stole more than £40,000 in cash and perfume in a series of heists in London’s West End have been jailed. Alfie Atherton, 29, and Reed Roberts, 30, targeted several businesses between January 29 to March 3 last year. The pair used stolen mopeds with fake number plates and concealed their identities … Read more
Two moped-riding thieves who stole more than £40,000 in cash and perfume in a series of heists in London’s West End have been jailed. Alfie Atherton, 29, and Reed Roberts, 30, targeted several businesses between January 29 to March 3 last year. The pair used stolen mopeds with fake number plates and concealed their identities … Read more