Sainsbury's news

Sainsbury’s has reduced the price of its own brand bread and butter products. Sainsbury’s said it was passing on the savings to shoppers following a fall in commodity prices for wheat and butter but was not reducing the price it pays to farmers. The price for 800g loaves of Sainsbury’s Soft Medium Sliced White Bread, Medium Sliced Wholemeal Bread, Thick Sliced Wholemeal Bread, and Toastie Thic...

Sainsbury’s annual results for the 52-week period to 4 March 2023 reveal overall retail sales increased by 2%, to £28.7 bn (inc. VAT, exc. fuel), but underlying profit before tax was down 5% to £690m. Grocery sales drove growth in the year Retail growth was driven by grocery. The category’s sales increased in the final three quarters of the year to finish at £21.7 bn (inc. VAT, exc. Fuel)...

In the wake of the launch of its widely publicised Nectar Prices enhanced value mechanic across its large stores and online platform, Sainsbury’s has introduced ‘Pocket Friendly Prices’ to its Local convenience estate to offer value reassurance to shoppers in its small stores. While Nectar Prices are not available in Sainsbury’s Local stores, Pocket Friendly Prices brings a new EDLP offer on key ...

Tesco, Sainsburys,Asda, Aldi and Lidl have taken the move over recent days to reduce the price of milk to shoppers. The retailers are reducing the price of their four-pint own brand bottles to £1.55, matching other grocers.  Tesco have detailed that they have reduced their price on milk due to the cost of buying in milk has fallen.   As well as the four-pint bottles, both Lidl and Aldi have...

Sainsbury’s has launched a new Nectar Prices mechanic that aims to replicate the success of Clubcard Prices at Tesco. Previously, in a fairly cumbersome process, shoppers with the Nectar app could activate incentives on selected items that they had previously bought and also access lower prices by using the SmartShop self-scanning system.   The new system will enable all Nectar card and a...

The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12 weeks to 19 th March 2023 total till roll consumer spend in Great Britain increased slightly to 8.6% (compared to 8.1% for the previous period). Inflation reaches another record high Grocery price inflation over the 4-week period to March 19th stood at 17.5%, a 0.4% increase from ...

Sainsbury's and Tesco have both hit significant milestones in their convenience operations this week.  Sainsbury’s breaches £3 billion in convenience revenues Sainsbury’s has announced that its convenience stores have achieved sales of £3 billion for the first time. The business, which comprises over 800 stores across the UK, grew 10% year-on-year in the financial year to date and are up 7%...

Sainsbury’s has announced it is swapping traditional, plastic tray packaging for a new vacuum-packed alternative across its beef mince range, saving 450 tonnes of plastic annually. The new packaging will result in a minimum 55% reduction in plastic per product. The beef mince products will be vacuum-packed for freshness by removing all oxygen which typically causes a product to eventually spoi...

Sainsbury’s is introducing £2 fruit and vegetable boxes. Following a successful trial in January, the boxes are now available in over 200 selected supermarkets. The ‘Taste Me, Don’t Waste Me’ boxes will include a variety of surplus fresh fruit and vegetables and the boxes will be sold for a lower price to help ensure customers have access to affordable, nutritious food amid the cost-of-living cri...

LloydsPharmacy is pulling out of 237 pharmacy sites currently located within Sainsbury’s supermarkets just seven years after buying the instore services for £125 million. Lloyds has said it is cutting them following a strategic review which it launched “in response to changing market conditions”. Closures will be confirmed on a “branch-by-branch” basis, with the process expected to be complete th...