Sainsbury news and archive

UK competition regulator refers Sainsbury Asda merger for phase 2 investigation

The Competition and Markets Authority (CMA) in the United Kingdom confirmed Wednesday that the proposed merger between J Sainsbury plc and Asda Group Ltd. is being referred for an in-depth Phase 2 investigation. CMA noted that the deal raises sufficient concerns through its Phase 1 investigation for it to be referred for a more in-depth review....

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Sainsbury reports 10 percent rise in Q4 clothing sales

Clothing delivered over 10 percent growth during the fourth quarter at Sainsbury and the company launched its 22nd Gok Wan collection which the company said had its best ever February launch. Total retail sales for the quarter were up 1.2 percent excluding fuel and up 0.5 percent including fuel. Like-for-like retail sales increased 0.1 percent...

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Retail madness expected on 'Black Friday' and 'Cyber Monday'

Online giant Amazon UK predicts record numbers of shoppers to visit its site this year during 'Black Friday' and 'Cyber Monday,' while more and more UK retailers are beginning to jump on the kickoff to the holiday shopping bandwagon. Both 'Black Friday' and 'Cyber Monday' are retail promotional events which originated in the US and traditionally...

Fashion

Sainsbury's relaunches Tu clothing

UK supermarket retailer has re launched its TU clothing range with a revamp of its website and a new TV advert. It’s a move designed to up the level of attention the non-food sector of the retailer receives in the public and to compet in the clothing sector with leaders Primark, Tesco and Asda. Sainsbury’s has expanded its TU products in recent...