Sainsbury warns on inflation and price competition threat; hikes Argos cost-savings
The plan is to have 30 Argos digital stores and 200 collection points in supermarkets by Christmas and 250 digital stores up and running in the next three years.
Company
J Sainsbury PLC
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
772 stories · page 7 of 8
FTSE 100 shares close higher after Trump victory speech
FTSE 100 shares closed higher on Wednesday in a snap back from initial losses on news of Donald Trump's US presidential election victory
Will someone in the City bury bad news when the world watches US vote count?
So … who’s already pencilled into the schedule for Wednesday?
Sainsbury's less vulnerable to Asda, reckons Deutsche
The investment arm of Deutsche Bank restated its ‘buy’ target and 280p a share price target.
FTSE 100 stocks fall after Brexit court setback and BoE stands back from rate cuts
Sterling-sensitive FTSE 100 shares fell on Thursday after the government lost a court case on how to trigger the process for leaving the European Union and the Bank of England shifted away from cutting interest rates further
Morrison’s to put UK supermarkets under spotlight
Themes of interest are how the turnaround is going and what is the impact of the weaker pound
Supermarket sweep: The prices just don't add up
In a note to clients, the American bank said that while valuations are inflating, input cost pressures are also “escalating”.
Investments and investor services
FTSE 100 closes below 7,000 on Brexit and US jobs worries
IGas was on a charge after a milestone decision for the UK shale gas industry
FTSE 100 retreats as macro fears outweigh earnings news
The top-share index spurned another chance to hit an all-time high.
Should investors check out of titan Tesco?
According to one City heavyweight, the answer is a resounding yes.
Investments and investor services
FTSE 100 nears May 2015 highs after data and sterling fall
FTSE 100 shares had a good start to the fourth quarter, helped by good manufacturing data and hopes that the pound's sharp fall on Monday will help exporters
City analysts react to Sainsbury ‘mixed bag’ trading update
Meaningful analysis of Sainsbury's trading update was at a premium - much like the grocer's prices after it binned multibuy offers.
Sainsbury's sales fall as multibuy cutbacks hit home
Supermarket chain's sales fall 1.1% in the 16 weeks to September 24.
FTSE 100 shares end higher, led by commodity-related stocks
FTSE 100 stocks ended higher on Wednesday after a see-saw session, after recovering from a bout of downside this week on the fate of Germany’s biggest lender Deutsche Bank when commodity-related shares advanced
Has price shake-up beefed up sales at Sainsbury's?
Investors keen to know how sales have fared amid changes
Archive
Sainsbury's checked out by Jefferies, which cuts target
An early look at some City analyst views on Monday morning
Tesco, Sainsbury, Morrisons: Store Wars winners and losers
The broker Credit Suisse this morning provided an in-depth look at the grocers and gave its take on just which of the biggies will prosper in the current environment.
PREVIEW - Sainsbury's sales swing into view
A look at this week' corporate offerings, which include Sainsbury's
Builders and building materials
FTSE 100 rises on supermarkets, construction stocks
London’s blue-chip stocks rose and ended just shy of their highest point of Thursday, up 0.9% at 6,730 after gains by supermarkets as well building firms after the government’s nod to construction of nuclear power station Hinkley Point C
Trending: Philip Green has his luxury yacht renamed
The retail billionaire’s new £100mln yacht was renamed ‘BHS Destroyer’ by a TV comedian, and Christmas has come early for some UK supermarkets
WM Morrison may bag Ocado distribution deal say reports
Supermarket WM Morrison Supermarkets PLC could announce as soon as Tuesday morning that it has reached a deal to take capacity at an Ocado warehouse in Erith, Kent, according to media reports on Monday
Steinhoff International may have to up Poundland bid
South African retailer may have to increase £600mln offer for Poundland amid pressure from Elliott
Week Ahead: Housebuilders and retailers to face referendum grilling
Reports have suggested the EU referendum result is likely to depress house prices
FTSE100 closes lower as China, Brexit weigh
UK shares finished lower as big cap miners fell down a hole, US stocks started weaker and there were further concerns about a slow down in China
FTSE100 and small caps subdued as China clouds gather
London investors were in subdued mood on the back of more disappointing data out of China.
Trending: Amazon launches Fresh food service in UK
The online giant is coming after UK supermarkets as it launches a full online grocery service called AmazonFresh
Home Retail takes £30mln overcharging hit
Catalogue retailer increases money set aside for overcharging late-paying store card customers
Amazon logs onto UK grocery market
Amazon has plans to roll out its Fresh service throughout the UK
FTSE 100 Index falls on bad news from Beijing
The FTSE 100 Index fell 46.39 points to 6255 in early trading
Footsie edges into positive territory while small-caps prosper
The FTSE 100 Index rose 6.7 points to 6291 in early afternoon trading
Investments and investor services
FTSE 100 Index edges back but small-caps shine
The Footsie took a small step back as Sainsbury's announced a first quarter sales fall
Sainsbury's hails upbeat sales but analysts stay cautious on Argos bid
Supermarket chain's first quarter like-for-like sales fell 0.8% excluding fuel and by 1% including fuel
Preview: Sainsbury's first quarter update set to disappoint
Supermarket group predicted to report a sales fall
PREVIEW - Sainsbury's investors warned on difficult second half
The bank says the stock appears affected by downward momentum as underlying sales are falling at a crucial time.
Ireland-focused oil firms boosted as FTSE 100 Index rises
The FTSE 100 Index closed 24.02 points up at 6209.63
Tesco comes up trumps in latest retail data
Tesco racked up the smallest fall in sales among the UK’s “big four” chains in the last three months
Takeover bid boosts Sweett Group as FTSE 100 Index keeps gains
The FTSE 100 Index kept most of its early gains, standing 33.8 points ahead at 6253 by lunchtime
Growth stocks sit and watch as blue-chips get battered
Results from Sainsbury disappointed while BHP Billiton tumbles after it emerged penalties associated with the Samarco dam disaster could be heavier than anticipated.
Risers and Fallers: Tejori, Conroy Gold, Randgold...
Major share price risers and fallers in London at 4pm
Sainsbury's shares slide on profits miss
“Ongoing pricing pressures and food price deflation have impacted our sales and operating margins.
UK shares lower but Forbidden Technologies goes higher on deal news
Sainsbury's reports a 14% fall in profits, while Next suffers too, Forbidden Technologies shares go higher
PREVIEW: What’s in store for Sainsbury's?
Sainsbury's is the next of the 'Big Four' supermarkets to reveal its financial results.
Sainsbury's results put UK retail under spotlight again
As if the UK retail sector hadn't had enough coverage last week, it's now the turn of Sainsbury's....
Archive
Sainsbury's upgraded to 'buy' by Deutsche after Argos acquisition
Investors are reluctant to factor in the boost to earnings of the Argos acquisition for UK supermarket giant Sainsbury, reckons heavyweight broker Deutsche, which has upgraded the grocer.
Is Tesco back on the road again?
The City's message appeared to be "nice work so far, but more to do"
TyraTech plans expansion as revenue rises
Life sciences company boosted gross product revenue by 154% to $7.1mln
Archive
The Footsie fades but small caps hold strong
After the bell, J. Sainsbury confirmed it would be pulling the trigger on its bid for Argos-owner Home Retail group.
Most followed: Antofagasta PLC, Sirius Minerals, Totally PLC, J Sainsbury, Volkswagen
The LSE/Deutsche Boerse merger reared its head once again as the deadline approaches.
Tuesday's agenda: Kalibrate Technologies PLC's timing is good
There is a good chance Kalibrate's petrol station forecourt software will be put through its paces on Wednesday evening after the chancellor of the exchequer's budget speech.
Week Ahead: Brexit dilemma for Osborne
Chancellor of the Exchequer George Osborne gives his budget speech on Wednesday
Home Retail Group PLC sees lacklustre trading as bidders circle
"We expect that group benchmark profit before tax for the financial year ended 27 February will be in line with the current consensus of market expectations of £93mln,” said John Walden, chief executive.
Archive
FTSE 100 makes good ground despite Brexit talk
Footsie was buoyed by a good start to the week;s trading on Wall Street
FTSE100 posts solid gains as Brexit talks slays sterling
FTSE 100 climbed 76 points to 6,026 despite a tough day for the pound
FTSE 100 shrugs off Brexit concerns
The blue chip index was 70 points higher at 6,022, as campaigning started in earnest for the referendum in four months time.
Investments and investor services
Risers & Fallers: Argos Resources, Eden Research, Hardide, Inspiration Health., Kromek, MirLand
Eden Research raises a glass to the Spanish authorities for green-lighting its wine grape protection product.
Tesco recovery continues but Sainsbury's surges
Tesco has its best sales since September last year, but they still fell 1.6% in the 12 weeks to January 31
Archive
Footsie closes lower after US jobs report
FTSE100 closed 50 points down as traders were put off equities....
Archive
Old Mutual turns positive on Sainsbury's Home Retail bid
Fund manager says it now backs supermarket's £1.3bn bid for catalogue retailer
FTSE 100 in triple-digit fall after BP shocker
London’s blue chips recorded a triple–digit drop as BP unveiled a huge loss
Risers & Fallers: BP, BHP Billiton, Hikma Pharmaceuticals, TalkTalk Telecom, Tullow Oil, UDG Health
Two resource majors plunge as worries rise that their juicy dividends may be unsustainable.
Mess at BP sours start for FTSE 100
FTSE 100 shed 76 points to 5,984 with losses overnight in Asia adding to the nervy mood.
Sainsbury's reaches deal to buy Home Retail for £1.3bn
Home Retail shareholders to get 0.321 new Sainsbury shares plus 55p in cash for each Home Retail share
Investments and investor services
Risers & Fallers: Crossrider, Gulf Keystone, Nighthawk, Mosman, Plutus PowerGen, Strategic Minerals
Gulf Keystone is owed a pile of money by the Kurdistan Regional Government and soon it might start receiving some of it.
Home Retail Group takeover in doubt as talks stall
Home Retail apparently wants 170p a share. The market says jog on, mate - more like 135p
Investments and investor services
Blue-chips retain gains on Chinese stimulus hopes
The FTSE 100 Index ended the session 97 points higher at 5,876..
Most followed: Ashes to cash; touching Homebase; Renault and Sound Energy
It's not often the Bank of England and pop music get mentioned in the same breath, but the idea of putting Bowie on bank notes - all of them, perhaps - has some merit.
Home Retail to sell Homebase as Christmas sales dip
Group said it was in advanced talks to sell Homebase for £340mln
Archive
FTSE 100's gains pared
After briefly venturing back above 6,000, the Footsie saw its gains trimmed as US markets turned lower.
Risers & Fallers: Aminex, Coal of Africa, Kimberly Ents, LGO Energy, Rockhopper, Webis Holdings
Home Retail is back in play as Sainsbury's releases a slide show presentation of its pitch to buy the Argos and Homebase owner.
Sainsbury's falls as questions remain about Home Retail bid
Supermarket chain said like-for-like third quarter retail sales fell 0.4% excluding fuel
Wednesday's agenda: Sainsbury's next in the queue
Tuesday's data from Kantar Worldpanel suggests Sainsbury's had a good Christmas
Archive
FTSE 100 bounces back, with blue-chips leading the way
Unusually, the majority of the big gains today were to be found among the FTSE 350 - especially the FTSE 100
FTSE100 on the up as sentiment improves
FTSE100 was buoyed by retail stocks at lunch and investor sentiment seemed to be improving as the index climbed 1.6% higher.
Sainsbury's wins battle of the Big Four over Christmas
Sainsbury's was the only one of the Big Four supermarkets to grow share over Christmas while Tesco exceeded expectations
Asda cuts prices by £500mln as supermarket wars intensify
US-owned chain slashes prices to keep up with discounters
Investments and investor services
FTSE100 suffers triple digit loss
The FTSE100 ended the day around 130 points lower at 5,944, tumbling below 6,000.
Shares crash despite talk of rival bid for Home Retail
Footsie fell to 5916, about 100 points away from lows not seen since last August
Investments and investor services
City analysts deliver good news for Royal Mail
Royal Mail, BAE Systems, Sainsbury / Home Retail, Kingfisher, Next, HSBC and Direct Line were all in the broker spotlight on Wednesday.
Sainsbury's shares dip amid caution on Home Retail bid
Analysts continued to mull the possible ups and downs of a deal
John Lewis has good Christmas but Waitrose catches cold
Department stores do well but supermarket sales decline
Archive
Barclays pharma experts bullish on Shire and Glaxo
Shares in drug giants Glaxo and Shire should stay in fine heath this year, Barclays says
Sainsbury interest in Home Retail buoys London shares
Sainsbury's approached Home Retail in November about cash-and-share deal
Sainsbury's in takeover approach for Home Retail
Sainsbury's approached Home Retail in November about possible cash-and-share bid
Investments and investor services
Risers & Fallers: Corero Network, Home Retail, Egdon Resources, Greka Drilling...
Below are the main news-driven share price movements at 4pm.
Archive
FTSE100 ends 2015 on whimper
FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
Risers and Fallers: Ortac, Life Sciences, Vodafone, URU, Inspirit...
Main share price movers on last trading day of 2015
UK shares start lower as 2016 beckons
FTSE100, as tipped by spreadbetters, fell in early deals on a truncated trading day....
Investments and investor services
FTSE100 drops 40 as supermarkets struggle
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
Investments and investor services
FTSE100 moves firmly away from three-year lows
The index appears likely to end its run of eight straight daily falls,
FTSE100 registers triple digit gains
The index appears likely to end its run of eight straight daily falls,
Investments and investor services
FTSE100 rally gives investors something to cheer
The FTSE 100 Index was around 1.5%, or 90 points, higher to 5,964
Festive seasons brings no good tidings for Tesco
Tesco, Asda and Morrisons all saw sales slump in the 12 weeks to December 6.
FTSE100 drops; Entertainment One falls on debt woes
The FTSE100 was also on its way down, losing around 70 points, or 1.1% to 6,151.
Investments and investor services
Markets: Chinese data hits miners sending FTSE100 lower
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
Most followed: Sky, Mog the Cat, UK coal, Breedon ...
A look at some of Wednesday's trending financial stories...
Broker spotlight: Investec cuts price targets for miners
Update: Comment added on Bezant and Galileo.
Tesco and Asda take sales hits in discount battle
Sales at Tesco fell 2.5% in the 12 weeks to November 8