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 … 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 … Business • 28 Jan 20
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
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 … Business • 13 Sep 19
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 … Business • 05 Jul 19
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 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 … Business • 01 May 19
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 … Business • 09 Jan 19
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 … Business • 28 Mar 18
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 … Business • 09 Nov 17