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Business

Sainsbury’s Tu reports strong FY25 growth yet mulls redundancies

Supermarket giant Sainsbury’s reported a 4.9 percent increase in overall FY25 sales in a preliminary report published this week, with market outperformance particularly seen within its Tu Clothing line. Despite recording “strong” growth, however, the retailer is eyeing operational changes among the brand’s team, with redundancies believed to be...

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Management

Sainsbury’s Q1 clothing sales ‘in line with expectations’

Tu Clothing owner Sainsbury’s said Tuesday its general merchandising and clothing sales in the first quarter ended June 25 were “in line with expectations” against a strong comparative last year. Clothing sales were down 26 percent in the first five weeks of the period, but down just 2 percent in the final 11 weeks. Sainsbury’s enjoyed a...

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