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Sainsbury’s Expected to Make a Bid for Nisa

Sainsbury’s is believed to be looking to make a bid for convenience symbol operator Nisa. It is thought that the two retailers are poised to sign an exclusivity agreement for their talks.
Topics: Nisa Sainsbury's

Sainsbury’s Linked to Palmer & Harvey Sale

Palmer & Harvey, the UK’s number one delivered wholesaler, has been put up for sale. In a surprise move, Sainsbury’s has been linked to the wholesaler and there is speculation that the UK’s second largest grocery retailer may make a takeover bid.
Topics: Sainsbury's

Colruyt and Sainsbury’s Tap into Asian Markets for Growth

Belgian’s Colruyt and Sainsbury’s in the UK are both looking to tap into growing demand for quality food in China. Colruyt has started to test the sale of private labels via Alibaba’s Tmall platform. Sainsbury’s has teamed up to supply a selection of private label lines to Dairy Farm outlets in Hong Kong.
Topics: Sainsbury's Colruyt Group

Sainsbury’s Sees Profits Fall in Challenging Market

Sainsbury’s pre-tax profits fell by 8.2% last year as price competition and a tough UK market took its toll on results. Like-for-like sales remained negative, although the 0.6% drop compared favourably to a 0.9% fall the previous year. Sainsbury’s acquisition of Argos boosted group sales overall.
Topics: Sainsbury's

Sainsbury’s Boosted By Argos

Sainsbury’s has reported fourth quarter like-for-like sales up 0.3% for its combined Sainsbury’s grocery and Argos non-food businesses, as general merchandise revenues offset continued declines in food. Argos, which was acquired by the retailer in September, saw total sales up 3.8% during the three months to 11 March 2017 and like-for-like sales rose by 4.3%. Sainsbury’s already has 41 Argos concessions in its larger supermarkets.
Topics: Sainsbury's