Sainsbury (J) News
Here are all todays headlines related to Sainsbury (J) News. If you wish to drill deeper to view past Sainsbury (J) News items, follow the next 20 headlines link at the foot of the page.
09-05-2018
1550: Front month Brent crude oil futures are rising 2.729% to $76.95 a barrel on the NYMEX, helped by the latest US DoE data showing a 2.2m barrel drop in oil inventories for over the latest week.
Domestic US oil ouput was higher again last week, according to the DoE, rising by 84,000 barrels a day to 10.703m b/d.
09-05-2018
Synergies from Sainsbury's agreed purchase of Asda from Walmart could be as high as £1.5bn, Berenberg analysts said as they raised their price target for the FTSE 100 grocer.
09-05-2018
J Sainsbury: Berenberg reiterates buy with a target price of 369p.
03-05-2018
The chairs of two parliamentary committees have intervened in Sainsbury's £7.3bn takeover of Asda by asking the competition regulator to supply details of its investigation into the deal.
01-05-2018
There are too many uncertainties hanging over Sainsbury's proposed acquisition of Asda to justify the price and Tesco is a better bet, JP Morgan analysts said.
01-05-2018
Sainsbury's continues to lose ground to its supermarket rivals, fresh data showed on Tuesday, painting a stark picture of why the merger with Asda has been proposed.
30-04-2018
Sainsbury's, the UK's second largest supermarket group, has agreed terms with Walmart over a merger with its third-placed UK supermarket chain Asda to create a £15bn market cap, £51bn-revenue business.
30-04-2018
Sainsbury's proposed merger with Asda is "likely" to be referred to a review, the UK competition watchdog said on Monday.
10-04-2018
There was mixed news for retailers, pubs and restaurants on Tuesday as encouraging high street research was published by the British Retail Consortium but spending data from Barclaycard painted a more gloomy picture.
04-04-2018
Tesco and Morrisons outperformed their major supermarket rivals in March, while a stumbling Sainsbury's is close to losing its second place to a resurgent Asda.
15-03-2018
Tesco is a visible turnaround story and the retailer will increasingly be viewed as a capital return stock, JP Morgan analysts said as they rated the shares 'overweight'.
07-03-2018
Debenhams is negotiating to rent out space in its flagship department store to hot-desking company WeWork in a move to save costs.
06-03-2018
Sainsbury's has announced a £100m investment in its staff this year, which will take the base rate of pay to £9.20 an hour from £8.00, but the retailer is also getting rid of paid breaks and bonuses.
06-03-2018
Grocery price inflation eased off in recent weeks, according to two surveys of the sector released on Tuesday, which both found Sainsbury's was the slowest growing of the big four supermarkets.
05-03-2018
Tesco: Jefferies upgrades to buy with a target price of 250p.
28-02-2018
Toys R Us went into administration on Wednesday after failing to secure a rescue deal, while electronics retailer Maplin collapsed as talks with a potential buyer broke down.
06-02-2018
Supermarket sales increased in value by 3.4% in recent weeks thanks to grocery inflation and a trend for veganism, with the 'big four' groups continuing to lose market share to discounters Lidl and Aldi.
01-02-2018
Sainsbury's spend £60m to acquire the right to operate the Nectar loyalty programme in the UK from parent company Aimia Inc.
24-01-2018
Countrywide: Berenberg upgrades to hold with a target price of 95p.
23-01-2018
Supermarket chain Sainsbury's may cut thousands of jobs as part of a restructuring of its shop-floor management structure.
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