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Sainsbury's in talks with Lloyds over Sainsbury's Bank control

May 7, 2013 12:58
LONDON (Reuters) - J Sainsbury <SBRY.L>, Britain's third largest supermarket group, said on Tuesday it was in advanced negotiations with Lloyds Banking Group <LLOY.L> to take full ownership of the Sainsbury's Bank joint venture. Sainsbury's statement was prompted by media speculation over the weekend. (Reporting by James Davey, Editing by Paul Sandle)

Tesco loses ground to Sainsbury in UK food market - Kantar

March 26, 2013 10:00
LONDON (Reuters) - Britain's third-largest grocer, J Sainsbury <SBRY.L>, expanded its market share in the 12 weeks to March 17, while industry leader Tesco <TSCO.L> and No. 4 player Wm Morrison <MRW.L> lost ground, according to monthly data published on Tuesday. Market researcher Kantar Worldpanel said Sainsbury's sales grew 6.2 percent in the period, giving it a market share of 16.9 percent. Tesco's grew 1.1 percent as the wider market grew 3.9 percent, while Morrison's sales fell 1.0 percent.

Convenience stores, online help Sainsbury top forecasts

March 19, 2013 04:15
By James Davey LONDON (Reuters) - J Sainsbury, Britain's third-biggest grocer, beat forecasts for underlying sales in its fourth quarter, with strong growth online and in convenience stores more than offsetting a weaker performance in its traditional outlets. Online sales and convenience stores are the two fastest growing areas for Britain's supermarkets as shopping habits change, with consumers increasingly using the internet to shop and high fuel prices discouraging trips to town centres and out-of-town malls.

Interserve full-year profit rises 7.7 percent

February 27, 2013 04:15
Feb 27 (Reuters) - British support services and construction company Interserve Plc reported a 7.7 percent rise in profit, helped by a strong performance at its core support services division. The company said it expected more growth in 2013, to progress well, driven by improving margins in the petrochemical sector and plans to expand support services businesses, especially in the Middle East.

UPDATE 2-Sainsbury sales growth slows despite record Christmas

January 9, 2013 04:00
* Q3 like-for-like sales, ex fuel, up 0.9 pct, as expected * Outcome driven by growth of online, convenience sales * Says positioned to perform well in Q4 * Says won't be hurt by any Tesco revival * Sainsbury shares down 3 pct By James Davey

Sainsbury has record Christmas though growth slows

January 9, 2013 03:30
LONDON, Jan 9 (Reuters) - J Sainsbury, Britain's No. 3 supermarket, met forecasts for underlying sales in the Christmas quarter, though growth did slow from its first half in a highly promotional festive market. The group, which trails market leader Tesco and No. 2 player Wal-Mart's Asda by annual revenue, said on Wednesday sales at stores open over a year rose 0.9 percent, excluding fuel, in the 14 weeks to Jan. 5, its fiscal third-quarter.

UPDATE 1-Sainsbury led top UK grocers in Christmas sales growth

January 8, 2013 10:15
* UK grocery market grew 3.2 pct in 12 weeks to Dec. 23 * Sainsbury market share up 0.1 pct pt, Tesco down 0.1 * Strongest growth at discount and premium end - Kantar * UK retail sales up 0.3 pct in December - BRC * 2013 to be difficult for retailers - BRC By James Davey LONDON, Jan 8 (Reuters) - J Sainsbury, Britain's No.
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