Sbry Ln News Today

By Michael Susin J Sainsbury said it expects to save 1 billion pounds ($1.26 billion) in structural costs over the next three years as part of its strategy...

By Michael Susin J Sainsbury said it expects to save 1 billion pounds ($1.26 billion) in structural costs over the next three years as part of its strategy...

By Ian Walker J Sainsbury said that it plans a phased withdrawal from its core banking business following a review of its financial services unit as it...

By Michael Susin J Sainsbury backed its guidance for fiscal 2024 as sales volume growth offset inflationary pressures. The British grocer on Wednesday said...

By Michael Susin J Sainsbury backed its guidance for fiscal 2024 after reporting robust growth in grocery sales during the Christmas period. The British...

By Michael Susin U.K. grocery-price inflation in November fell for the ninth month in a row, dropping to its lowest rate since July 2022, as promotions and...

UK shoppers seeking to avoid higher bills at the checkout are running out of options after prices on more than half of supermarket items rose in the past year.

The entrance of a Carrefour supermarket in Rosny-sous-Bois on Nov. 3, 2020. Getty Images Shares in Carrefour, France’s biggest supermarket group, rose as much as 11% on Wednesday, after Canada’s Alimentation Couche-Tard said it was in early-stage takeover talks. The two firms are worth more than a combined $50 billion, and a deal would give the Montreal-based Circle K owner, which mainly sells groceries through its convenience store formats, access to Carrefour’s larg...

Jan. 7, 2021 5:17 am ET Unlikely as it may sound, grocery stores are becoming dream properties—coveted but hard to prise away from their owners. Changes to accounting rules are just one reason why it has become less appealing for supermarkets to sell their real estate. In Europe, food shops have been among the few retailers allowed to trade throughout the pandemic and business has been strong. U.K. grocer J Sainsbury reported Thursday that over the nine weeks to Jan. 2, sales incre...