Sainsburyâs is one of the pioneers of UK grocery retailing. Founded in 1869 by John James Sainsbury and his wife Mary Ann, the business was one of the earliest adopters of the self-service shopping model that would go on to revolutionise the way people purchased food. Based in Holborn, London, the business operates around 1,400 stores across its supermarket format and Local convenience division. In 2016, Sainsburyâs acquired Argos in a ÂŁ1.4bn deal. As well as Argos, Sainsburyâs also owns the Tu clothing label and Habitat homewares. Retail Week provides news, analysis, features and opinion about Sainsbury's and the grocery sector.
Brits think hospitality companies are operating on a 40% margin, fashion retailers on a 47% margin and supermarkets taking in profits of 50%.
Grocery inflation eased in early May, as discounter Lidlâs consistent growth saw it finally leapfrog supermarket chain Morrisons.
Sainsburyâs Nectar360 has today launched a new partnership with Alton Towers operator Merlin Entertainments to âhelp families across the UK enjoy more quality time for lessâ, Retail Week can reveal.
Sainsburyâs, Morrisons, and Iceland have responded to a CMA consultation on how restrictive land clauses apply to Aldi and Lidl.
Thanks to data shared with Retail Week by OC&C, we can reveal the UK retailers that consumers say are the most fun to shop with.
Advertisement
