Sainsbury news and archive

UK competition regulator refers Sainsbury Asda merger for phase 2 investigation

The Competition and Markets Authority (CMA) in the United Kingdom confirmed Wednesday that the proposed merger between J Sainsbury plc and Asda Group Ltd. is being referred for an in-depth Phase 2 investigation. CMA noted that the deal raises sufficient concerns through its Phase 1 investigation for it to be referred for a more in-depth review....

Retail

Men's fast fashion soars at Sainsbury's

London - Sainsbury is having a fashion boom with its menswear offer, as the British hypermarket business has tapped into the formalwear market, just in time for Christmas. The company saw stellar growth of 13 percent in the last six months, as demand for more formal men's fashion has soared in the run-up to the holidays. John Carolan, head of...

Business|REPORT

Sainsbury reports 10 percent rise in Q4 clothing sales

Clothing delivered over 10 percent growth during the fourth quarter at Sainsbury and the company launched its 22nd Gok Wan collection which the company said had its best ever February launch. Total retail sales for the quarter were up 1.2 percent excluding fuel and up 0.5 percent including fuel. Like-for-like retail sales increased 0.1 percent...

Fashion Featured

Retail madness expected on 'Black Friday' and 'Cyber Monday'

Online giant Amazon UK predicts record numbers of shoppers to visit its site this year during 'Black Friday' and 'Cyber Monday,' while more and more UK retailers are beginning to jump on the kickoff to the holiday shopping bandwagon. Both 'Black Friday' and 'Cyber Monday' are retail promotional events which originated in the US and traditionally...

Design

Supermarkets fashion labels shake up internal teams

F&F, the fashion arm of UK largest retailer Tesco and Tu, Sainsbury's apparel label,have both reported the exit of department heads, as both companies restructure their internal fashion and design teams. F&F's head of buying for brands and concessions, Janet Baines has left the group, along with its head of buying for accessories and footwear,...

Design

Sainsbury's clothing line continues to grow

Supermarket giant Sainsbury's general merchandise and clothing divisions continue to grow, despite like-for-like retail salesat stores (excluding fuel) declining 1.1 percent in the three months to 7 June. In particular, Sainsbury's TU clothing line was highlighted for “performing well” during the first quarter. Although the supermarket giant did...

Design

J Sainsbury preliminary sales in 2013 up 2.8 percent

REPORT_ Announcing preliminary results for the 52-weeks to March 15, 2014, J Sainsbury announced that its underlying group sales (including VAT) went up 2.8 percent to 26,353 million pounds (44,721 million dollars). Retail sales were up 2.7 percent and like-for-like sales 0.2 percent. Underlying basic earnings per share went up 6.5 percent. The...

Design

Sainsbury's clothing business continues "to perform well"

Sainsbury's, the UK's seventh largest clothing retailer, has reported a strong growth in menswear, over 23 percent on year-on-year during its fourth quarter trading statement. This growth of apparel sales comes despite Sainsbury's overall sales dropping for the first time in nearly a decade. The retailer's own clothing range, TU, has done well...

Video

Lulu Guinness Red Nose bags

British accessories designer Lulu Guinness has teamed up with Sainsbury’s to create three, limited edition shoppers to celebrate Red Nose Day and raise money for charity, Comic Relief. The Lulu Guinness bags, which have been designed specifically for Red Nose Day, feature red noses on her iconic designs such as the Doll Face, the Kooky Kat and...

Fashion

Sainsbury's relaunches Tu clothing

UK supermarket retailer has re launched its TU clothing range with a revamp of its website and a new TV advert. It’s a move designed to up the level of attention the non-food sector of the retailer receives in the public and to compet in the clothing sector with leaders Primark, Tesco and Asda. Sainsbury’s has expanded its TU products in recent...

Fashion

Sainsbury's price cuts pay off

Sainsbury's discount fashion brand Tu have seen competitive price cuts in the past quarter, which paid off as the company saw "exceptionally" strong sales over Christmas, according to head of clothing Richard Jones. Prices across the Tu autumn range were cut by between 10 per cent and 20 per cent. Star performers included £10 ballet wrap...

Fashion

Sainsbury's new fashion label

The UK supermarket chain has launched fashion label "Tu". The new brand has been developed to rival those by competitors like Asda and Tesco. The Tu line is designed as a must-have item, following fashion trends and colours, at affordable prices. It includes clothing for men, women and children, accessories, jewellery and lingerie. Head of...