Sainsbury's news and archive

Project Pegasus: John Lewis and Next among those joining crackdown on shoplifting

As the UK continues to battle on through its cost-of-living crisis, an increasingly prominent offset of the financial crunch has become front of mind for many retailers in the region. Shoplifting and retail theft is up 27 percent across 10 of the largest cities in the UK, according to the British Retail Consortium (BRC), which had been calling...

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Sainsbury’s clothing sales decline in Q1

J Sainsbury plc reported first quarter like-for-like sales increase of 9.8 percent, while total retail sales were up 9.2 percent. While general merchandise sales rose 4 percent, with Argos sales up 5.1 percent, the company’s clothing sales were down 3.7 percent. The company said in a release that clothing sales were impacted by the cooler...

Business

Sainsbury’s preparing to launch third-party fashion marketplace

Supermarket giant Sainsbury’s is believed to be prepping for the launch of its own third-party fashion marketplace as it looks to leverage its distribution capabilities. According to The Sunday Times, the retail chain is said to have approached a number of fashion brands in regards to the new offering, including Jigsaw and White Stuff, which...

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Sainbury’s Tu clothing reports drop in full year sales

Sainsbury’s Tu clothing sales decreased by 3 percent to 1 billion pounds for the year ending March 4, 2023. The company said clothing sales growth was adversely impacted by a first quarter that annualised elevated sales the prior year when Covid-19 restrictions closed non-essential retail stores. Tu’s full-price sales now make up 80 percent of...

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Bláthnaid Bergin is the new CFO of Sainsbury’s

Bláthnaid Bergin has begun her new role as chief financial officer and joined the Sainsbury's Board on March 5, 2023. Former CFO Kevin O'Byrne retired from the company on March 4, 2023. Since the company announced Bergin’s appointment as CFO on July 5, 2022, she stepped down as non-executive director, chair of the audit committee and senior...

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Sosandar signs wholesale agreement with Sainsbury's

Sosandar PLC has entered into an agreement to sell a curated collection of its products through J Sainsbury ('Sainsbury's'). The UK-based brand said in a statement that through this wholesale agreement, a selected range will begin to be sold through Sainsbury's during 2023, initially online only with selected stores planned later this year....

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Tu Clothing: Christmas trading helps boost Q3 sales

Sainsbury's has reported a slight increase in sales at its fashion brand Tu Clothing in the third quarter of the year. In the three months to January 7, clothing sales were up 1.3 percent compared to a year ago, but down slightly 0.4 percent compared to pre-pandemic levels from three years ago. For the Christmas trading period - the six weeks to...

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Sainsbury's taps former John Lewis vet to lead fashion and home divisions

Sainsbury's has appointed former John Lewis exec Christine Kasoulis as the new category director for its clothing, home and furniture divisions. Kasoulis brings “significant retail experience and will be a fantastic addition to the business”, a Sainsbury’s spokesperson said. She will report to Paula Nickolds, the retailer’s general merchandise...

Business

Former Marks & Spencer and Sainsbury’s chairmen have died

Former Marks & Spencer chairman Paul Myners and a member of the founding family of Sainsbury’s, John Sainsbury, two leaders in UK retail, have passed away. John Sainsbury, also known as Lord Sainsbury, aided in the establishment of the supermarket giant during his 40-year career. He became director of the company in 1958 and, later, deputy...

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Sainsbury's ups profit outlook despite drop in Christmas sales

Tu Clothing owner Sainsbury’s has increased its full-year guidance despite a year-on-year drop in sales during the important Christmas period. In the six weeks to January 8, the British supermarket giant’s sales were down 2.4 percent compared to a year ago, though they were up 3.1 percent compared to two years ago, prior to the pandemic. The...

Retail |Beauty

Eco-friendly deodorant brand Wild announces new UK partnerships

Sustainable and natural deodorant brand Wild has secured new partnerships with some of the UK’s leading supermarkets, retailers and department stores as part of its ongoing expansion plans to “reach as many people as possible”. Wild has signed a deal with supermarket giant, Sainsbury’s to launch its products online and in 285 of its stores. The...

Retail

Sainsbury’s introduces check-out free shopping

Sainsbury’s has launched its contactless, check-out free shopping, called SmartShop Pick and Go. A part of its in-store digital innovation, the new option builds on the success of SmartShop, which grew 173 percent last year. SmartShip Pick and Go uses Amazon’s Just Walk Out technology. In order to use the new service, customers simply scan a QR...