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22.10.26 - 12:54
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Sainsbury′s expects challenging run-up to Christmas as households feel squeeze (The Guardian)
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Supermarket urges government not to 'further aggravate' pressure on costs for businesses in next week's budgetSainsbury's has warned of a “pretty challenging” market in the run-up to Christmas as households are “finding it tough” and food producers face rising costs.Simon Roberts, the chief executive of the UK's second biggest supermarket, called on the government not to “further aggravate” pressure on costs for business in this month's budget. He said it was “important this government does not repeat what we have seen in previous budgets” in raising business rates and employers' national insurance contributions. “That's been really hard,” he said. Continue reading......
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22.10.26 - 09:42
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J Sainsbury H1 Earnings Up (AFX)
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LONDON (dpa-AFX) - J Sainsbury plc (SBRY.L), a grocer, on Thursday reported higher pre-tax income in the first half of 2026 compared with the previous year. For the first half, profit before tax i......
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13.10.26 - 19:54
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UK high street bosses urge chancellor to cut cost of employing young people (The Guardian)
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Retailers call on John Healey to reduce national insurance contributions threshold in his first budgetSome of the UK's biggest retailers and hospitality businesses, including Tesco, Costa Coffee and the Co-op, have met John Healey to urge him to cut the cost of employing young people in his first budget.At the No 11 event on Tuesday morning, the chancellor heard from sector leaders – including the boss of M&S, Stuart Machin, and Sainsbury's chief executive, Simon Roberts – about the impact of the rise in employers' national insurance contributions (Nics). Continue reading......
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08.10.26 - 12:12
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Supermarket shake-up: why Asda or Morrisons could vanish within a decade (The Guardian)
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Talks between Sainsbury's and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for changeTesco lifts profit forecast and says shoppers are resilientBusiness live – latest updatesThey may be two of the most recognisable brands in Britain, with a combined 188 years serving shoppers, but industry watchers agree that either Asda or Morrisons – or both – could disappear within a decade.This week, it emerged that Sainsbury's and Morrisons – the UK's second- and sixth-largest supermarket chains – had held merger talks between last November and February, before the larger player decided to walk away. Continue reading......
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06.10.26 - 20:24
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Morrisons is not a must-do deal for Sainsbury′s (The Guardian)
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Odds are good the CMA would approve of a supermarket merger. But does Sainsbury's need Morrisons?Would competition regulators really smile upon a combination of Sainsbury's and Morrisons? One must assume the two companies believed the Competition and Markets Authority (CMA) would give a thumbs up if asked, otherwise they would not have initiated their now-aborted merger talks.It's easy to list the arguments the duo could make. First, the combined market share of Sainsbury's (15.2%, on the latest numbers from Worldpanel analysts) and Morrisons (8.4%) would still be less than that of mighty Tesco (27.8%). It would not be a case of leap-frogging the market leader, which was Sainsbury's big idea back in 2018 when Asda was in its sights. Continue reading......
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