Выбор редакции
02 апреля, 11:48

Sainsbury’s falls behind Asda to become UK's third biggest supermarket chain

Discounters Aldi and Lidl make big gains, increasing pressure on larger rivalsSainsbury’s has fallen into third place in the UK supermarkets league, behind Asda, as its sales declined at a far faster rate than any of its major rivals.According to the latest figures from Kantar, Sainsbury’s sales fell 1.8% in the 12 weeks to the 24 March, taking its market share to 15.3%, 0.5 percentage points lower than a year before. Continue reading...

Выбор редакции
22 марта, 17:25

Sainsbury's and Asda offer to sell up to 150 stores to secure merger

They would also shut 38 petrol stations to try to persuade competitions watchdog on dealSainsbury’s and Asda have offered to sell off up to 150 supermarkets and 38 petrol stations in an attempt to persuade the competition watchdog that their £7bn merger should be allowed to go ahead.The proposed sales are equivalent to only about half the number that the Competition and Markets Authority (CMA) has indicated could be required in order to gain permission for the merger. It is also considering blocking the merger entirely or insisting on the sale of one of the supermarket brand names. Continue reading...

Выбор редакции
19 марта, 19:09

Sainsbury’s to publish price cut data if Asda merger goes ahead

Supermarkets ‘happy to be held to account’ on reducing prices by £1bnSainsbury’s has promised to publish an annual breakdown of the £1bn-worth of price cuts it has promised shoppers if it merges with Asda, as it scrambles to reverse the competition watchdog’s opposition to the £7bn deal.Many analysts think the tie-up between Sainsbury’s and Asda, the UK’s second and third largest supermarket chains respectively, is doomed after the Competition and Markets Authority (CMA) warned last month that the tie-up threatened to push up prices and reduce the choice and quality of products on sale. Continue reading...

Выбор редакции
16 марта, 09:00

Banana blossom: the next vegan food star with the texture of fish

Sainsbury’s is to include the flower, which hails from south-east Asia, in its ready mealsFollowing on from beetroot burgers and jackfruit curries, the next star of the vegan “meat” world hails from the gardens of south-east Asia and looks somewhat like an artichoke.Banana blossom, also known as a “banana heart”, is a fleshy, purple-skinned flower, shaped like a tear, which grows at the end of a banana fruit cluster. Traditionally used in south-east Asian and Indian cooking, it can also be eaten raw and its chunky, flaky texture makes it an ideal substitute for fish. Continue reading...

Выбор редакции
05 марта, 09:00

The Aldi effect: how one discount supermarket transformed the way Britain shops

When Aldi arrived in Britain, Tesco and Sainsbury’s were sure they had nothing to worry about. Three decades later, they know better. By Xan RiceOn a Thursday morning in April 1990, in the suburb of Stechford in Birmingham, a strange grocery chain started trading in the UK. It only stocked 600 basic items – fewer than you might find in your local corner shop today – all at very low prices. For many products, including butter, tea and ketchup, only a single, usually unfamiliar brand was offered. To shoppers accustomed to the abundance of Tesco and Sainsbury’s, which dominated the British grocery sector with thousands of products and brands, delicatessens, vast fridges and aisles piled high with fresh fruit and vegetables, the range would have seemed dismal.The managers of this new shop, which was called Aldi, had not bothered to place a single advert announcing its arrival – not even an “Opening soon” sign outside the store. Strip lights illuminated the 185 sq metre store, and from the ceiling hung banners listing prices for the goods stacked on wooden pallets or displayed in torn-open cardboard boxes on metal shelves. A £1 deposit allowed you to borrow a trolley but there were no baskets. The checkout assistants, who had been trained to memorise the price of every item in the store, were so fast that shoppers experienced what some would come to call “Aldi panic” – the fear that you cannot pack your goods quickly enough. The store accepted cash but not cheques or cards. Customers seeking itemised receipts left disappointed. Continue reading...

Выбор редакции
24 февраля, 10:00

Fairtrade was going to save the world: now consumers fight to keep it going

Supermarkets now largely set their own ‘ethical’ production standards, and only a few big employers follow Fairtrade principles. So consumers must vote with their pursesWhen, in 2017, Sainsbury’s announced that it was planning to develop its own “fairly traded” mark, more than 100,000 people signed a petition condemning the move. Today, on the eve of Fairtrade Fortnight, the fact that most supermarkets have moved away from the standards developed by the Fairtrade Foundation is worrying.While some grocery chains have sought the foundation’s stamp of approval, many have gone their own way. This means most consumers have little sense of which organisation is doing what to protect the wages and rights of developing world workers. Over the next two weeks, the foundation plans to focus its publicity efforts on cocoa farmers in west Africa and the way the Fairtrade mark can improve their lives. Continue reading...

Выбор редакции
20 февраля, 21:53

Sainsbury's must accept its Asda merger has been canned | Phillip Inman

Chief executive Mike Coupe’s strategy shows he is lost in the retail jungle and lacks a plan BSainsbury’s boss Mike Coupe said he will keep banging the drum for its merger with Asda, despite a damning report from the competition regulator that effectively rules it out.It’s a strategy that shows Coupe is lost in the retail jungle without Asda holding his hand. It also reveals he lacks a plan B. Continue reading...

Выбор редакции
20 февраля, 11:02

Sainsbury's-Asda merger in doubt over 'extensive competition concerns'

Supermarkets will continue to press case after ‘fundamentally flawed’ CMA analysisThe merger between Sainsbury’s and Asda has been thrown into serious doubt after Britain’s competition watchdog raised a catalogue of concerns, including higher prices and reduced quality and choice for customers.In a provisional verdict on the planned £10bn merger, the Competition and Markets Authority (CMA) said it had found “extensive competition concerns” as part of its investigation into the proposed deal. Continue reading...

Выбор редакции
20 февраля, 10:25

Sainsbury's-Asda merger in doubt amid price rise concerns – business live

Competition regulator finds merger could have an impact on choice and reduce quality 7.59am GMT The choice is stark for the merger to go ahead.There are two potential structural remedies, the CMA said. Neither will be welcomed by the companies:(a) prohibition of the Merger; or(b) requiring the divestiture to a suitable party (or parties) of assets and operations sufficient to address effectively each of the SLCs [substantial lessening of competition] identified in the provisional findings. 7.55am GMT Traders expect Sainsbury’s shares to fall by between 5% and 10% when markets open at 8am GMT.Sainsbury’s shares hit lows of 225.5p in March 2018, before the merger announcement, before surging to above 340p in August. While they have lost ground since then, they still remained well above the level before the deal emerged. Continue reading...

Выбор редакции
07 февраля, 10:00

Why did Sainsbury’s fail to deliver the goods on all fronts?

My online shopping order didn’t arrive, but it didn’t explain whyLast November I was due to receive my online shopping order from Sainsbury’s. It didn’t arrive, causing me great inconvenience as I had run out of nappies for my toddler. After a long period on hold, I was told the delivery would not be happening, but with no explanation. Continue reading...

Выбор редакции
28 января, 17:51

No-deal Brexit would mean shortages and price rises, say retailers

Bosses of Sainsbury’s, Asda, M&S, Co-op and Waitrose write letter to governmentLeading retail bosses, including the chief executives of Sainsbury’s, Asda, Marks & Spencer, the Co-op and Waitrose, have written to the government warning of significant disruption to food supplies in the event of a no-deal Brexit.The letter, from the British Retail Consortium, also warns that grocery prices are likely to rise, as nearly a third of the food eaten in Britain comes from the EU and would be subject to import tariffs if the UK exits without a trade deal in place. Continue reading...

Выбор редакции
22 января, 09:00

Factory that supplied Tesco compensated abused worker

The woman was robbed and told if she protested she would be ‘killed and put in box’A Bangladeshi factory that produces clothes for Tesco, Sainsbury’s and Mothercare was forced to compensate an “outspoken” female worker after she was beaten up on the orders of management and threatened with being murdered, the Guardian has learned.The woman claimed to have been “severely beaten up” by security guards and the HR and compliance management at the factory, which is used by the brand Stanley/Stella. She said she was robbed of her severance pay and told that if she protested she would be “killed and her body put in a cardboard box”, an industry watchdog report that endorses her account states. Continue reading...

Выбор редакции
09 января, 11:54

Sainsbury's Christmas sales hit by struggles at Argos

Trading suffers after decision to hold off from heavy discounting on Black FridayA fall in sales of toys and electrical goods at Argos after a cutback on Black Friday discounts dragged down trading at Sainsbury’s over Christmas.Sales at established stores slid by 1.1% in the 15 weeks to 5 January, driven by a 2.3% drop in total sales of non-food household goods, mainly at Argos. There was also a small decline in clothing sales. Continue reading...

Выбор редакции
08 января, 16:49

Christmas sales: the winners and losers on the UK high street

Tesco fares well over festive period but John Lewis, M&S, Debenhams and Halfords all sufferThe 2018 festive shopping season in the UK got under way with low expectations for the retail sector. Investors were braced for bad news after a string of warnings in the run-up to Christmas, including a declaration from Mike Ashley, the chief executive of Sports Direct, that November was the worst on record for retailers. Against a backdrop of rising rents, business rates, a shift to online shopping and diminishing consumer confidence, retailers had to battle to win customers over the crucial trading period. Here are the winners and losers so far. Continue reading...

Выбор редакции
08 января, 12:44

Two-thirds of UK shoppers visited Aldi or Lidl over Christmas

Major supermarkets lose market share in festive period amid Brexit spending squeezeTwo-thirds of UK households visited a discounter over Christmas, handing Aldi and Lidl their biggest ever slice of spending as political uncertainty prompted shoppers to keep a tight hold on their wallets.All the major supermarkets lost market share in the 12 weeks to 30 December as Aldi’s sales jumped 10.4%, according to the latest data from Kantar Worldpanel, and Lidl’s by 9.4%. This took their combined market share to a record 12.8%, up from 11.4% the previous year. Homegrown discounter Iceland’s sales rose 1.8%, increasing its share of the market to 2.3%. Continue reading...

Выбор редакции
14 декабря 2018, 21:45

Sainsbury’s and Asda get extra time over CMA merger inquiry

CMA says its priority is to ‘assess if shoppers would face higher prices’ due to mergerSainsbury’s and Asda have won extra time to respond to a competition authority investigation into their planned £7.3bn merger.A competition appeal tribunal hearing in London on Friday ruled that the Competition and Markets Authority (CMA) must give lawyers for Sainsbury and Asda more time. Continue reading...

Выбор редакции
12 декабря 2018, 21:27

Sainsbury’s and Asda challenge CMA over merger

Competition and Markets Authority is investigating fallout of planned deal for shoppers and suppliersSainsbury’s and Asda have launched a legal challenge after complaining they are unable to meet the deadlines of the competition watchdog investigating their planned £7.3bn merger.The deal, which was announced in April, promises to create a new force in UK supermarket retailing that would usurp Tesco as the market leader. Continue reading...

11 декабря 2018, 17:24

Retail data suggests UK political turmoil taking its toll this Christmas

Figures from John Lewis, Tesco and Sainsbury’s point to subdued consumer activityPoor figures from John Lewis, and a slowdown at Tesco and Sainsbury’s has raised fresh concerns that the uncertain political climate is taking its toll on consumer confidence this Christmas.December is the most lucrative time of the year for the retail sector but John Lewis said sales in its department stores fell by more than 5% last week. The picture from its fashion and homewares divisions was even weaker, with sales in both down by about 7%. Continue reading...

Выбор редакции
26 ноября 2018, 03:01

Sainsbury's launches scheme labelling items useful to food banks

Customers will be urged to include priority and long expiry date items in their shop for donation after checkoutDedicated shelf-edge labels alerting shoppers to food and drink items that are most useful to food banks are to be introduced by a major supermarket for the first time after a trial led to a three-fold rise in donations.From Friday, customers visiting more than 1,400 branches of Sainsbury’s will be urged to include priority items such as tinned fish, meat and vegetables, longlife fruit juice and dried or UHT milk in their shop, for donation after checkout. Continue reading...

Выбор редакции
20 ноября 2018, 18:45

The Christmas ad is broken – time to kill it off completely

Twitter’s John Lewis ad featuring @JohnLewis, and Waitrose parodying Elton John are the latest examples of it all getting a bit too muchIt was the moment it went too far. A family on TV shown fast-forwarding their way through the John Lewis Elton John Christmas advert – only for it to be part of another Christmas ad, for a different part of the John Lewis empire, Waitrose.And it is not the only John Lewis parody out there. In its Christmas ad, Twitter has used @JohnLewis, often described as the most patient man on the internet for the way he deals with people who think he is a shop. Frankly, the Christmas advert is eating itself, and repeating on us worse than the sprouts will on the big day itself. Continue reading...