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UK's Sainsbury's Targets More Cost Savings, Better Returns For Investors

British supermarket group Sainsbury's has set a new cost savings target of £1 billion (€1.17 billion) over three years and promised to boost ret...

Sainsbury’s Half-Year Results – What The Analysts Said

Here's how leading industry analysts from Admirals, Wealth Club, Shore Capital, GlobalData and AJ Bell viewed Sainsbury's H1 performance.

British Retailers Fined For Not Paying Minimum Wage

Britain has fined more than 200 companies, including retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the mini...

Bestway Buys Sainsbury's Stake But Not Considering Offer

Privately owned retail group Bestway has amassed a 3.45% stake in Sainsbury's but said it is not considering a takeover offer for Britain's second largest...

Sainsbury's' Argos Business To Exit Irish Market

British supermarket group Sainsbury's said its Argos general merchandise business will exit the Irish market, closing its 34 stores there, with the loss of...

Sainsbury's Quarterly Sales Drop 4% As UK Consumers Cut Spending

British supermarket group Sainsbury's has reported a 4% fall in underlying sales in its first quarter, driven by weakness in general merchandise as cash-st...

Sainsbury's To Pay Store Staff At Least £10 An Hour

Britains Sainsbury's will raise the basic hourly pay of its store workers to at least £10 (€11.99) an hour from £9.50 previously.

Sainsbury's Sees Profits Down In Full-Year, Citing Additional Costs

Sainsbury's has reported a 39% drop in underlying profit for its 2020/21 full-year, with the retailer saying that strong food sales were outweighed by extr...