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Sainsbury’s Tu reports strong FY25 growth yet mulls redundancies

Supermarket giant Sainsbury’s reported a 4.9 percent increase in overall FY25 sales in a preliminary report published this week, with market outperformance particularly seen within its Tu Clothing line. Despite recording “strong” growth, however, the retailer is eyeing operational changes among the brand’s team, with redundancies believed to be...

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Business

Sainsbury’s urges government to cut business rates to boost jobs

Supermarket chain Sainsbury’s has teamed up with the Union of Shop, Distributive and Allied Workers (USDAW), which represents 148,000 of its staff, to urge the new government to deliver on its promise to reform business rates. In a statement, Simon Roberts, the boss of Sainsbury’s said the business rates system was "no longer fit for purpose"...

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