For its third quarter to January 5, 2019, J Sainsbury Plc’s total retail sales were down 0.4 percent with like-for-like sales down 1.1 percent. The company said, general merchandise sales declined by 2.3 percent and clothing sales declined by 0.2 percent during the quarter under review. Commenting on the third quarter trading, Mike Coupe, Group...
Jan 9, 2019
J Sainsbury Plc has reported underlying profit growth of 51 million pounds driven by Argos synergies, for the 28 weeks to September 22, 2018. The company said, while Group sales at 16,884 million pounds (22,156 million dollars) increased by 3.5 percent, clothing sales declined 1 per cent due to changes in promotional phasing. Commenting on the...
Nov 8, 2018
J Sainsbury PLC (Sainsbury's) has announced the appointment of Martin Scicluna as its new Non-Executive Chairman. The company said, Scicluna will join the board as Chairman-Designate and Non-Executive Director from November 1, 2018 working closely with David Tyler for a handover period. The company anticipates that Martin will assume the role of...
Jul 11, 2018
British supermarket chain Sainsbury’s is reported to be interested in taking over fellow UK retailer Mothercare. Conversations might have stalled short of making an offer. Saisnbury’s is understood to have studied making a takeover offer to baby and maternity apparel retailer Mothercare, reports the ‘Mail Online’. According to people familiar...
Apr 5, 2018
Supermarket chain Sainsbury’s is partnering with America’s National Football League (NFL), to sell official licensed sports apparel ahead of the start of the NFL season in September. The tie-up with the NFL builds on Sainsbury’s growing line-up of sportswear brands including Russell Athletic, Admiral and the British Lions and Six Nations rugby...
Aug 14, 2017
Retail sales during the first quarter rose 2.7 percent, while like-for-like sales increased 2.3 percent Sainsbury’s. The company said general merchandise sales grew by one percent on an underlying, with clothing sales increasing over 7 percent, reflecting strong growth both in stores and online. Commenting on the first quarter trading, Mike...
Jul 4, 2017
Sainsbury’s Group said, sales including VAT for the year ended March 11, 2017, increased 12.7 percent to 29,112 million pounds (37,727 million dollars) driven by the Argos contribution. General merchandise grew sales by over two per cent and clothing by over four per cent, outperforming the market. Commenting on the company’s results, Mike...
May 3, 2017
For the fourth quarter ended March 11, 2017, combined Sainsbury’s and Argos like-for-like sales increased 0.3 percent. Total retail sales rose 0.1 percent but like-for-like retail sales were down 0.5 percent. The company said, general merchandise sales were down by 4 percent over the quarter, impacted by this year’s later Mother’s Day and...
Mar 16, 2017
Supermarket Sainsbury’s has named Simon Roberts as its new retail and operations director, who will join the retailer in July 2017. Roberts, who most recently was executive vice president of Walgreens Boots Alliance and president of Boots in the UK and Ireland, will report into chief executive Mike Coupe and be a member of Sainsbury's operating...
Oct 3, 2016
Supermarket chain Sainsbury’s is to give one fashion student a 12-month placement at its clothing arm Tu as part of the retailer’s first partnership with Graduate Fashion Week. The winner will design a womenswear collection for the Tu brand, which will hit stores for spring/summer 2017. In addition, to designing their own collection, the winner...
May 23, 2016
Supermarket chain Sainsbury’s and the world’s third largest retailer Tesco are planning to open sourcing centres in India. Both retail chains have applied for the same with the Indian government.The applications were made during Prime Minister David Cameron’s visit to India a month ago but no details have been given yet as to what kinds of...
Mar 26, 2013
