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Sainsbury's said today it would defer any dividend payment decisions until later in the financial year

Sainsbury's warns virus profit impact could be £500m

UK supermarket group Sainsbury's estimated a profit impact of £500m from the coronavirus pandemic and said it would defer any dividend payment decisions until later in the financial year.

Business • 30 Apr 20

Sainsbury's Coupe says exit not due to Asda deal fail

The boss of British supermarket group Sainsbury's, Mike Coupe, said he was not stepping down in May because of his failure to buy rival Asda last year.

Business • 28 Jan 20

Sainsbury's CEO Mike Coupe is set to step down in March

Sainsbury's CEO Coupe to step down in March

Mike Coupe will step down as CEO of Sainsbury's at the end of May after six years at the helm.

Business • 22 Jan 20

Sainsbury's CEO Mike Coupe said the October 31 Brexit date could not come at a worst time for supermarkets

No-deal Brexit will hit supplies - Sainsbury's CEO

A no-deal Brexit would "inevitably disrupt" fresh food supplies in Britain because delays at ports would throw just-in-time deliveries into chaos, the chief executive of supermarket group Sainsbury's said.

Business • 13 Sep 19

Sainsbury's had its proposed £7.3 billion takeover of Walmart owned Asda blocked by the UK competition regulator in April

Sainsbury's investors berate board over Asda failure

Private shareholders in Sainsbury's berated the board of the supermarket chain at its annual meeting over its failed takeover of rival Asda, as well as a share price slump and what it pays its boss.

Business • 05 Jul 19

Sainsbury's had its £7.3 billion takeover of rival Asda blocked by the UK competition regulator in April

Sainsbury's sales dented by weak demand

British supermarket group Sainsbury's has today reported a third consecutive quarter of declining underlying sales, hurt by weak clothing and general merchandise markets.

Business • 03 Jul 19

Sainsbury's plans investment to improve more than 400 of its supermarkets this year

Sainsbury's to step up investment after Asda deal off

Sainsbury's, chastened by the blocking of its takeover of rival supermarket group Asda, said it would accelerate investment in its store estate and technology as it seeks to redress a decline in underlying sales.

Business • 01 May 19

Sainsbury's was hit by a drop in demand for toys and electrical goods that could signal a bleak festive season for the broader retail industry

Sainsbury's lags rivals as Christmas sales dip

Sainsbury's, Britain's second biggest supermarket group that is battling to take over third ranked Asda, reported a worse-than-expected fall in underlying sales in the key Christmas quarter.

Business • 09 Jan 19

Depending on the time of year, about 30% of what Sainsbury's sells is sourced from the EU

Sainsbury's needs year's notice to act on Brexit deal

Sainsbury's needs at least a year's notice to figure out how it would deal with new European Union-UK trading arrangements that would come into play when the Brexit transition period ends, its boss said.

Business • 28 Mar 18

Sainsbury's made an underlying pretax profit of £251m in the 28 weeks to September 23

Sainsbury's H1 profit dented by seasonal Argos loss

UK supermarket Sainsbury's today reported a 9% fall in first half profit and a slowdown in quarterly sales growth as intense competition in the grocery market took its toll.

Business • 09 Nov 17

Mike Coupe