Sainsbury&#39;s goes back to basics
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AILING supermarkets group Sainsbury&#39;s is slashing its dividend, axing 750 head office jobs and pouring 3,000 new staff on to the shop floor in a last-ditch attempt to revive its fortunes.
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Supermarket group Sainsbury's says the decline in its food sales slowed to 0.4% over the festive period after it improved product availability.
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Sainsbury&#39;s is set to create 3,000 jobs as it looks to improve services at its supermarkets, newspapers have reported. The new staff will be used to keep shelves better stocked and give shoppers a better service
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Tesco, the largest retailer in the UK, will carry on its global expansion with a wave of small US stores called Fresh and Easy.
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One-stop shopping takes another step forward.
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J Sainsbury Plc Chief Executive Justin King will cut one quarter of the company&#39;s headquarters workforce and halve the dividend as he seeks to revive profit and regain customers lost to Tesco Plc and Wal-Mart Stores Inc.
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LONDON: Marks &amp; Spencer has announced a top-level shake-up, as it revealed a deterioration in trading conditions and posted a first-half profit in line with expectations.
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The British supermarket group J Sainsbury said Wednesday it has received a takeover approach from a Qatari investment group.
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Malcolm Walker said yesterday he was determined to take on the supermarket giants when he resumes control of the Iceland chain and returns it to its frozen food roots.
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The discount retailer goes generic and buys back shares. Will that really help?
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Tesco is treading lightly to avoid the pitfalls that have tripped up other foreign retailers in the United States.
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British supermarket group J. Sainsbury expects its first half pretax profits to come in a Â£125 million to Â£135 million range ($223-$241.
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J Sainsbury today revealed it would this year suffer a Â£550m hit in profits, but said it would also recruit 3,000 shop floor staff in an effort to revive sales.
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Sainsbury's is to sell more than 500 of its own-brand goods in compostable packs instead of plastic packaging.
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The struggling supermarket giant today revealed a Â£39 million pre-tax loss in the first half of its financial year. The slump into losses marks
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The Gulf state of Qatar on Friday tightened its grip on J Sainsbury, Britain&#39;s third biggest supermarket chain, by raising its stake to 25 percent, sparking speculation it may launch a takeover.
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The world's leading retailer may be ready to nibble at smaller concepts.