Sainsbury’s sales soar but Covid bill hits £485m
Supermarket Sainsbury’s enjoyed a strong boost in sales thanks to its position as an essential retailer during the year of Covid.
Sales in the year...
M&S Invests £30 Million in Scottish Expansion, Supports Over 6,500 Jobs
In a significant move to bolster its presence in Scotland, M&S has announced an ambitious investment plan totalling £30 million. This investment is set...
Morrisons to scrap ‘use by’ dates on milk and encourage sniff test
Supermarket Morrisons is to scrap “use by” dates on most of its milk in a bid to reduce food waste.
From the end of January,...
Bidding war heats up at Morrisons with new £7bn bid by US private equity...
US private equity firm Clayton, Dubilier & Rice (CD&R) has announced a new £7 billion bid for supermarket Morrisons.
The deal has been unanimously accepted...
Grocery sales slide as customers retreat from online shopping
UK grocery sales have tumbled by 4% over the past three months as shoppers continue to steadily return to pre-pandemic habits, according to new...
M&S Announces Record Store Openings in November
Marks & Spencer (M&S) is set to inaugurate its largest ever sequence of store openings within a single month. November will witness the launch...
Sainsbury’s chairman hails ‘progress’ as he shrugs off takeover talk
The chairman of Sainsbury’s has shrugged off speculation that the supermarket group could be the latest target of a private equity takeover and hailed...
John Lewis Partnership narrows losses despite £54m hit from redundancies
The John Lewis Partnership (JLP) has narrowed its losses despite taking a £54 million hit from redundancies.
The retail giant unveiled a £29 million pre-tax...
Iceland boss backs calls for digital sales tax to aid high street revival
The boss of Iceland has called for a digital sales tax to help support the recovery of the high street.
Richard Walker, managing director of...
Sainsbury’s axes 200 in-store cafes
Sainsbury’s has said it will shut 200 cafes in a shake-up of its in-store dining which is set to hit around 2,000 workers.
The supermarket...
