Sainsbury’s 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, Sainsbury’s acquired Argos in a £1.4bn deal. As well as Argos, Sainsbury’s also owns the Tu clothing label and Habitat homewares. Retail Week provides news, analysis, features and opinion about Sainsbury's and the grocery sector.
Qatar’s sovereign wealth fund is set to dump a significant chunk of its stake in grocery giant Sainsbury’s, ending its nearly two decades-long run as the businesses’ largest shareholder.
Selling via social media apps like TikTok Shop and Instagram will drive £9.1bn in revenue for non-food retailers in the UK over 2025, new research from Retail Economics and social commerce platform Unbox.
Meet 20 of UK retail’s most promising leaders-in-waiting. Every individual on our list has the talent, drive and passion to make it to the top, and they’re going to need it if they want to succeed in an industry dominated by crushing government regulation, devastating cyberattacks, harrowing tales of abuse from the shop floor and more. Here are British retail’s future chief executives, but who would want to be one?
Deliveroo has become the first delivery platform to roll out Nectar, one of the UK’s largest loyalty card programmes.
Sainsbury’s expects its underlying operating profit for the year will be more than £1bn, following strong summer sales and cost savings.
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