Sainsbury’s set to reveal sales rise as it sheds light on food inflation
1 year, 6 months ago

Sainsbury’s set to reveal sales rise as it sheds light on food inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s is to shed light on the impact of food inflation on shoppers and the outlook for prices as it updates investors next week. Shore Capital’s Clive Black said: “To be clear, Sainsbury’s does not in aggregate benefit from inflation of the current magnitude as this deters customers from buying units and encourages trading down. Shareholders will also be keen to see whether the retailer’s profit outlook has improved due to easing cost inflation or if efforts to keep prices low and stop shoppers from turning to discounter rivals will eat even more into profitability than expected. Analysts at Shore and UBS have both predicted Sainsbury’s will reveal grocery sales growth of 9% which could provide reason for optimism amid the volatile economic backdrop.

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History of this topic

Tesco and Sainsbury’s to shed light on Christmas sales performance
5 days ago

Tesco and Sainsbury’s to shed light on Christmas sales performance

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s biggest supermarket groups …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Sainsbury’s boss: Budget costs for businesses will lead to higher inflation
2 months ago

Sainsbury’s boss: Budget costs for businesses will lead to higher inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The supermarket giant’s boss Simon Roberts said there is …

Sainsbury's boss warns barrage of Budget costs will lead to higher prices
2 months ago

Sainsbury's boss warns barrage of Budget costs will lead to higher prices

Daily Mail  

Warning: Simon Roberts, the boss of Sainsbury's, warned that changes to national insurance made by the Government will add £140m to its tax bill The boss of Sainsbury's has warned that changes to national insurance made by the Government in the Autumn Budget will force prices to rise. Simon Roberts said Rachel Reeves decision to hike NI by 1.2 percentage …

Sainsbury’s expects ‘strong’ Christmas after sales accelerate
2 months ago

Sainsbury’s expects ‘strong’ Christmas after sales accelerate

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery giant Sainsbury’s has said …

Sainsbury’s warns of price rises after £140m ‘barrage’ of Budget costs
Trending News
2 months ago

Sainsbury’s warns of price rises after £140m ‘barrage’ of Budget costs

The Telegraph  

Sainsbury’s is facing a “barrage of costs” that will force it to raise prices, its chief executive has warned, as the retailer revealed a £140m hit from Rachel Reeves’s National Insurance tax raid. Simon Roberts said “difficult decisions” would have to be made after the Chancellor’s Budget triggered a steep rise in costs. “I would urge the Government to work …

Sainsbury’s set for sales increase after price investment
2 months, 1 week ago

Sainsbury’s set for sales increase after price investment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s is set to reveal …

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises
3 months ago

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises

Daily Mail  

Tesco has increased its market share to its highest level in seven years as retailers attempt to manage growth amid continued inflation rises. In new figures, it has been revealed that Britain's largest retailer now boasts a market share of 28 per cent, up over half a per cent from this time last year. Meanwhile, other supermarket giants such as …

Grocery price inflation rises for first time since March 2023
4 months, 3 weeks ago

Grocery price inflation rises for first time since March 2023

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation has risen …

McDonald's same-store sales fall for the 1st time since the pandemic, profit slides 12%
5 months, 1 week ago

McDonald's same-store sales fall for the 1st time since the pandemic, profit slides 12%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy McDonald's posted weak sales in …

Sainsbury’s posts strong grocery sales but sees weather hit to non-food ranges
6 months ago

Sainsbury’s posts strong grocery sales but sees weather hit to non-food ranges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket Sainsbury’s has notched up …

Sainsbury’s set for ‘strong’ profit growth despite latest deliveries glitch
8 months, 2 weeks ago

Sainsbury’s set for ‘strong’ profit growth despite latest deliveries glitch

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s has said it expects …

Tesco says shoppers buying more after inflation ‘lessened substantially’
8 months, 4 weeks ago

Tesco says shoppers buying more after inflation ‘lessened substantially’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesco said inflation in the …

Tesco set for profit rise as sales continue to grow at supermarket giant
9 months ago

Tesco set for profit rise as sales continue to grow at supermarket giant

The Independent  

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Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
11 months, 1 week ago

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Grocery prices were 6.8% more expensive than a year …

Grocery inflation sees fastest monthly drop as households spend all-time high
1 year ago

Grocery inflation sees fastest monthly drop as households spend all-time high

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket inflation has seen its …

Mr Kipling maker plans price cuts as cost inflation eases
1 year, 1 month ago

Mr Kipling maker plans price cuts as cost inflation eases

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mr Kipling and Ambrosia maker …

Mr Kipling cakes firm says food cost inflation is ‘past its peak’ so no more price hikes this year
1 year, 5 months ago

Mr Kipling cakes firm says food cost inflation is ‘past its peak’ so no more price hikes this year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Recent food cost inflation is “past its peak”, said Mr …

Premier Foods ups profit outlook and says no more price hikes in 2023
1 year, 5 months ago

Premier Foods ups profit outlook and says no more price hikes in 2023

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mr Kipling cakes firm Premier …

Grocery price inflation show biggest drop since March peak
1 year, 5 months ago

Grocery price inflation show biggest drop since March peak

The Independent  

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We are not rip-off retailers, says Sainsbury’s
1 year, 6 months ago

We are not rip-off retailers, says Sainsbury’s

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bosses at Sainsbury’s have said …

How much profit are UK supermarkets making amid the cost crisis?
1 year, 6 months ago

How much profit are UK supermarkets making amid the cost crisis?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here the PA news agency highlights how much profit …

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz
1 year, 6 months ago

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But Mr Jones pressed: “How can it be possible that you are making hundreds …

Sainsbury’s cuts price of toilet paper as pulp costs fall
1 year, 6 months ago

Sainsbury’s cuts price of toilet paper as pulp costs fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s is cutting the price …

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate
1 year, 7 months ago

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate

ABC  

Australian supermarket food prices have increased by a new peak of nearly 10 per cent over the past 12 months, outpacing annual inflation as the cost of living continues to rise. Key points: Analysis by UBS found food prices at Coles and Woolworths increased to 9.6 per cent in the past 12 months Coles prices increased to 10.5 per cent …

Food prices set to come back down soon, supermarket chiefs promise
1 year, 7 months ago

Food prices set to come back down soon, supermarket chiefs promise

The Independent  

Supermarket bosses are said to have told Rishi Sunak’s government that food price inflation has already peaked and costs to the consumer will start to fall in the coming months. It comes after the Bank of England food price pressures had proved more “sticky” than expected as UK inflation remains “stubbornly high”. Top supermarkets assured chief secretary to the Treasury …

Shoppers turn to multiple supermarkets as grocery inflation reaches record high
1 year, 9 months ago

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

The Independent  

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Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 10 months ago

Grocery in UK costlier than ever as 'cost of living' crisis deepens

Firstpost  

London: The grocery inflation rate in the United Kingdom reached a new record high of 17.1%, said reports based on industry data. According to Kantar Worldpanel, the cost of a family’s typical buying basket could increase by £811 per year as a result of the increase over the past 12 months. According to Kantar, the allure of less expensive own-label …

Stores face questions as price of basic groceries soars by 30%
1 year, 11 months ago

Stores face questions as price of basic groceries soars by 30%

Daily Mail  

Basic groceries, such as milk, butter and cheese, are seeing price rises of up to 30 per cent – sparking suspicions of supermarket profiteering. It found food and drink inflation was at 15 per cent overall across the UK’s eight biggest supermarkets in the year to December. But the consumer watchdog said shoppers believe stores should do more to help …

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter
2 years, 1 month ago

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

The Independent  

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UK food prices set to rise further as farmers face ‘hammering’, MPs told
2 years, 1 month ago

UK food prices set to rise further as farmers face ‘hammering’, MPs told

The Independent  

Britain's food production faces a "hammering" with the worst conditions for farmers "in living memory" likely to push up prices even more over the next year, farming chiefs have told MPs. Minette Batters, president of the National Farmers Union told the House of Commons environment and food committee that huge rises in input costs were "driving massive problems" across all …

Food inflation hits record level as prices rise 10.6% in a year
2 years, 3 months ago

Food inflation hits record level as prices rise 10.6% in a year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Food inflation has …

UK food prices rise at fastest rate since global financial crash
2 years, 4 months ago

UK food prices rise at fastest rate since global financial crash

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The price of …

Sainsbury’s increases investment in price cuts amid cost-of-living pressures
2 years, 6 months ago

Sainsbury’s increases investment in price cuts amid cost-of-living pressures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s has pumped more cash …

Finsbury Food warns of increasing prices as sales soar
2 years, 10 months ago

Finsbury Food warns of increasing prices as sales soar

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The manufacturer behind Weight Watchers …

Rising grocery prices force customers to buy less, change brands and switch stores
3 years ago

Rising grocery prices force customers to buy less, change brands and switch stores

CNN  

New York CNN Business — Morgan Moore’s grocery bills are sky-high. “We have seen some resistance” from customers to prices on premium cuts of meat, Sprouts Farmers Market CEO Jack Sinclair said on an analyst call last month. Leaders at discount grocers such as Walmart, Dollar General, Dollar Tree, Grocery Outlet, Costco and BJ’s Wholesale Club have said in recent …

Sainsbury’s to reveal how profits have been hit by supply chain and inflation
3 years, 2 months ago

Sainsbury’s to reveal how profits have been hit by supply chain and inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s is set to reveal …

Sainsbury's prepares to repel private equity raiders as profits soar
3 years, 6 months ago

Sainsbury's prepares to repel private equity raiders as profits soar

Daily Mail  

Sainsbury's bolstered its defences against potential takeover bids as the supermarket giant predicted bumper annual profits of £660million. Boss Simon Roberts played down fears that Sainsbury’s could be targeted by private equity buyers, as Morrisons became the subject of a bidding war. And speculation has been fuelled by billionaire Daniel Kretinsky’s stake-building, with the tycoon known as the ‘Czech Sphinx’ …

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