Sainsbury's news

03 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: Grocery sales growth slows to 5.5% in April:  New data from Kantar  reveals a slowdown in grocery market growth from 20.6% in March to 5.5% over the four weeks to April 19th as consumers settle into life under lockdown. Multiples update: Sain...
30 April 2020
Sainsbury's has announced that profits could be hit by £500m in the year ahead as it takes on costs from the COVID-19 crisis. However the group's ability to weather the storm is strengthened by encouraging full year results for 2019, including seen steady improvements in grocery sales since last year's strategy update.   COVID-19 impact update Sainsbury's base case modelling assumes loc...
20 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update Morrisons offers 10% discount to NHS staff: From Thursday, NHS staff will be entitled to a 10% discount when shopping at the retailer's stores. The scheme will last until July 12th when it will be reviewed. This latest initiative follows on from Morrisons...
14 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco releases annual results and updates on COVID-19: More normal shopping behaviour has resumed after a surge in demand for certain items in the first few weeks of the crisis caused sales uplifts of c.30%. Grocery home shopping capacity has been in...
06 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: GB grocery market sees fastest growth on record. Market growth for the 12 weeks to 22 March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks. . More details ...
01 April 2020
Market growth for the 12 weeks to 22 nd March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks – equivalent to an extra £10.8bn of spending - as shoppers stocked up on groceries and switched back to retail from out-of-home consumption in response to the Coronavirus (COVID-19) pandemic. Huge increa...
26 March 2020
As the UK approaches the end of its first week under near lockdown, we look at how the grocery sector is adapting to new operating conditions. Improving safety for customers and colleagues Retailers have moved at pace to design and install safeguarding screens to protect customers and colleagues. To reduce the risk of transmission, some retailers are limiting the numbers of customers in-sto...
25 March 2020
Sainsbury's has unveiled a package of measures to help suppliers manage production volumes and cash flow. Support for suppliers The retailer has pledged to work collaboratively with suppliers to increase production volumes so that they can meet the current surge in demand. Support will also be available to suppliers who find themselves in distress as a result of the current uncertainty. ...
23 March 2020
In response to customer feedback, Sainsbury's has made changes to shopping arrangements to better fit the needs of distinct priority customer groups during the COVID-19 pandemic. In-store shopping hours amended NHS and social care workers will now be able to shop before other customers, from 0730 to 0800 every day from Monday to Saturday Elderly shoppers, disabled customers and their ...
19 March 2020
UK retailers are taking immediate action to address the challenges created by the COVID-19 outbreak. In this article we round up the latest initiatives from the sector. Prioritising vulnerable customers in-stores Sainsbury's has set aside the first hour of trading in every supermarket for elderly and vulnerable customers. For all other customers, its supermarkets will open one hour later th...