All the updated news related to simon roberts

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City

Sainsbury’s hands boss £3.8m pay and bonus package

Sainsbury’s has revealed its boss landed a £3.8 million pay and bonus package as the supermarket already faces anger over big payouts to investors while customers struggle in the cost-of-living crisis. The chain’s annual report shows that chief ...

06 Jun 2022 at 17:06

City

Sainsbury’s pledges further £50m for cost-of-living price cuts

Sainsbury’s has said it will pump a further £50 million into its latest price-cutting push to support customers facing the soaring cost of living. Simon Roberts, chief executive of the supermarket chain, said the company is “doing everything ...

05 Dec 2022 at 13:19

City

Sainsbury’s to wind down banking services as part of ‘food first’ focus

Sainsbury’s said it has decided to wind down its banking division as part of plans to focus its efforts on the retail business, which could affect its 1.9 million Sainsbury’s Bank customers in the future. The company said it was exploring ...

18 Jan 2024 at 08:09

City

Sainsbury’s holds talks with Government over shipment delays in Red Sea

The boss of Sainsbury’s has said the supermarket giant has held “regular calls” with the Government over potential disruption as a result of shipments avoiding the Red Sea following a series of attacks. Simon Roberts, chief executive of ...

10 Jan 2024 at 13:26

City

No jobs cuts as plans for logistics overhaul affect 7,000 Sainsbury’s staff

Sainsbury’s has announced a major restructuring of how its logistics operations work, affecting around 7,000 staff throughout the country. The retail giant said that no one would lose their job or get moved to worse contractual terms ...

12 Apr 2023 at 11:31

City

Sainsbury’s increases profit outlook as it puts food ‘at the heart’

Supermarket giant Sainsbury’s has boosted its earnings outlook thanks to soaring grocery sales as it focused on keeping food costs down for cash-strapped customers. The grocery chain and Argos owner said it held underlying pre-tax ...

02 Nov 2023 at 08:44

City

Sainsbury’s hikes profit guidance as it wins back shoppers from discounters

Supermarket Sainsbury’s has upped its annual earnings outlook as it said it was claiming market share from German discounters Aldi and Lidl thanks to soaring grocery sales. The UK’s second biggest grocery chain said full-year ...

02 Nov 2023 at 11:51

City

Sainsbury’s Christmas sales jump as food inflation eases back

Sainsbury’s has revealed a jump in sales over the key Christmas period, with shoppers buying bigger volumes of products as food and drink inflation slowed down. However, the firm witnessed a drop in trade for clothing and in ...

10 Jan 2024 at 07:46

City

Sainsbury’s boss refuses to rule out job cuts under plan to slash costs by £1bn

The boss of Sainsbury’s has refused to rule out job losses under plans to slash costs by £1 billion as the chain revealed it will cut general merchandise and clothing space and expand its food offering. The UK’s second ...

07 Feb 2024 at 15:16

City

Sainsbury’s to expand food offering and cut costs by £1bn over three years

Sainsbury’s has unveiled plans to overhaul its supermarkets with a focus on creating more food space, and said it aims to slash costs by £1 billion over the next three years. The UK’s second biggest supermarket chain ...

07 Feb 2024 at 10:05

City

Pressure on household budgets will only intensify, warns Sainsbury’s boss

The boss of Sainsbury’s has warned that pressure on household budgets “will only intensify over the remainder of the year” as he pledged to invest more money to improve value for shoppers. Simon Roberts, chief ...

05 Jul 2022 at 12:42

City

Sainsbury’s sales growth slows as weather hits Argos and non-food ranges

Sainsbury’s has seen sales growth slow despite solid grocery trading and a boost from the Euro 2024 football tournament after a hit from poor early summer weather to its Argos and seasonal ranges. The ...

02 Jul 2024 at 11:14

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