Sainsbury’s news and archive

Sainsbury’s CFO steps down, successor announced

UK supermarket chain Sainsbury’s has announced its CFO Kevin O'Byrne will retire from the business in March 2023 after six years in the role. The retailer’s commercial and retail finance director Bláthnaid Bergin will succeed O'Byrne, effective March 6. Bergin joined Sainsbury's in 2019 as group director of finance before being promoted in 2021...

BusinessFeatured

Sainsbury’s Q1 clothing sales ‘in line with expectations’

Tu Clothing owner Sainsbury’s said Tuesday its general merchandising and clothing sales in the first quarter ended June 25 were “in line with expectations” against a strong comparative last year. Clothing sales were down 26 percent in the first five weeks of the period, but down just 2 percent in the final 11 weeks. Sainsbury’s enjoyed a...

Retail

Sainsbury’s rolls out charitable second-hand fashion initiative to all UK stores

UK supermarket chain Sainsbury’s is expanding a charitable second-hand fashion programme to all of its UK stores following a successful trial. The initiative sees Sainsbury’s donate any clothing products from its fashion brand Tu Clothing that are not fit for resale in store to Newlife, a UK charity that recycles, reprocesses, and reuses...

PeopleFeatured

Sainsbury’s names former John Lewis MD as clothing director

Sainsbury’s has appointed former John Lewis managing director Paula Nickolds as its new general merchandise and clothing commercial director. In her new role, which begins June, Nickolds will be responsible for the commercial success of Sainsbury’s 7.8 billion pound general merchandise and clothing business which includes Sainsbury’s general...

Business

Sainsbury's reports strong Q3 with increasing clothing sales

Sainsbury's has reported strong third-quarter revenues over the Christmas period, with clothing sales also slightly up. In the 15 weeks to 2 January, like-for-like sales excluding fuel were up 8.6 percent, with total retail sales excluding fuel up 6.8 percent. Clothing sales were up 0.4 percent. For the shorter Christmas period, which covered...

Business

Tu Clothing sales plunge 53 percent during lockdown

Sales at Sainsbury’s fashion brand Tu Clothing plummeted by 53 percent for the seven weeks to April 25 as the British retail giant warned of a Covid-19 hit of over 500 million pounds during the year. The company’s preliminary full-year results published Thursday revealed that its profit before tax for the 52 weeks to 7 March reached 255 million...

Fashion Featured

John Lewis, Asos, M&S and Next collaborate on mental health initiative for retail workers

John Lewis Partnership, Tesco, Sainsbury’s, Asos, the Co-op, Marks and Spencer and Next have all teamed up to mark World Mental Health Day by launching a mental health initiative for retail workers. In a UK industry-first, the seven leading retailers have joined together with the help of UK charity Samaritans to fund and launch a new online...

Business

Sainsbury's Q2 clothing sales up 3.3 percent

Sainsbury’s has reported stronger trading across grocery, general merchandise and clothing for the second quarter. Excluding fuel, total retail sales were up 0.1 percent, with like-for-like sales down (0.2) percent. General merchandise sales were down 2 percent, while clothing sales for the period increased 3.3 percent. This is good news for the...

People

Marks & Spencer appoints Justin King as non-executive director

Marks & Spencer has announced the appointment of former Sainsbury’s CEO Justin King as a non-executive director, effective 1 January. King previously worked at Marks & Spencer where he helped pioneer the development of the British retail giant’s Simply Food business, before moving to rival Sainsbury’s where he was CEO for 10 years. Commenting on...

Fashion

John Lewis tops consumer poll as “favourite” retailer

Department store John Lewis has been voted as the nation’s “favourite” retailer, according to a new consumer poll released by industry analyst Conlumino. The survey found that John Lewis, which is celebrating its 150 anniversary this year, won consumers over with its focuson customer services, as well as its quality and innovative products. The...

Design

Gok Wan signs new two-year deal with Sainsbury's

Sainsbury’s, the UK’s seventh largest clothing retailer, has signed a new two-year deal with TV personality Gok Wan, the creative force behind its successful Gok for Tu collections. The announcement came as the supermarket revealed that its clothing business, which continues to take market share, is growing at around 10 percent year-on-year –...