J Sainsbury PLC

J Sainsbury Plc engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandise and Clothing, and Financial Services. The Retail segment distributes food, general merchandise, and clothing. The Financial Services segment includes Sainsbury's Bank Plc and Argos Financial Services entities. The company was founded by John James Sainsbury and Mary Ann Sainsbury in 1869 and is headquartered in London, the United Kingdom.

J Sainsbury swings to a pretax profit on lower restructuring, impairment costs

Supermarket chain J Sainsbury PLC has attempted to reassure shoppers that turkeys and party food will be available at its stores for Christmas, but noted that customers may have to make do with alternatives to certain products. There are widespread concerns that staff shortages and supply chain constraints will reduce the availability of popular Christmas products such as turkeys.

Sainsbury's attempts to reassure customers over Christmas availability

J Sainsbury PLC has announced its intention to hit greenhouse gas emission targets five years earlier than its previous target. The supermarket group said it plans to reach net-zero emissions by 2035, compared to its previous target date of 2040, having reduced its carbon footprint by 47% over the last 17 years.

J Sainsbury brings forward its net zero emissions target date by five years

J Sainsbury PLC has ended discussions over the sale of its bank business, saying that the sums being discussed weren't sufficient to warrant its disposal. The supermarket revealed last November that it had received some enquiries about buying the bank.

Sainsbury's ends talks over sale of bank

J. Sainsbury ends talks to sell banking unit

British supermarket Sainsbury's said on Friday it had ended talks about selling its banking operation after concluding that approaches it first received in November 2020 did not offer good value for shareholders.

Sainsbury's ends talks on selling banking operation

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Ultrafast grocery delivery is becoming an increasing threat to the established grocery giants according to JP Morgan, which recommends shorting (sell) Sainsbury's PLC because of the trend. “Major changes are about to come in consumer grocery shopping patterns with the impact on the grocers likely to be more severe than we initially thought,” said the US bank.

Short Sainsbury's says JP Morgan as ultrafast delivery poses serious threat

LONDON (Reuters) -Shares in British supermarket group Sainsbury's rose as much as 3.7% on Monday on hopes SoftBank's Fortress Investment, which lost out in the auction for Morrisons, may turn its attention to an even bigger player in UK grocery.

Sainsbury's stock higher on hopes of interest from Morrisons loser

J Sainsbury PLC (LSE:SBRY) is offering a £500 bonus in an effort to attract thousands of delivery drivers over the Christmas period as the UK continues to endure food and fuel shortages as a result of the shortage of HGV drivers. Announcing its biggest ever Christmas recruitment drive, Sainsbury's said it is creating 22,000 seasonal jobs, comprising 14,500 Sainsbury's and Argos jobs, 3,000 online delivery driver positions and 4,500 warehouse and logistics openings.

Sainsbury offers £500 bonus in bid to attract lorry drivers for Christmas

J Sainsbury PLC shares were one of the biggest gainers on Monday after it was reported to have hired financial advisers to help defend it from a potential takeover. The FTSE 100 supermarket group has appointed Robey Warshaw amid growing speculation that it could follow Asda and Morrisons in being taken over.

Sainsbury's gains on reports of defence building for potential takeover

British supermarket group Sainsbury's will offer lower prices to customers using its digital loyalty scheme and self-scanner service, deepening ties with shoppers and cutting costs in the latest wave of innovation to hit the industry.

Britain's Sainsbury's makes it personal in price battle with rivals

Supermarket Income REIT plc announced that J Sainsbury plc has exercised a purchase option to buy back 13 stores. They are part of a joint venture portfolio that the real investment trust holds with British Airways Pension Trustees Limited.

Supermarket Income REIT to sell 13 stores back to Sainsbury's

Reports that J Sainsbury PLC has restarted talks to sell its bank to US private equity group Centerbridge for around £200mln make sense suggests Clive Black at Shore Capital. The grocer has made no comment, but Shore believes if an appropriate offer did come along the group's board would give it serious consideration as it would give chief executive Simon Roberts more freedom to focus on the development of the food offer and completion of the re-engineering of Argos.

Sainsbury disposal of bank makes sense says broker

As news of J Sainsbury plc (LON: SBRY), the company share value saw a spike. On Monday, Sainsbury's shares spiked 14% after reports surfaced that a private equity firm will launch bids estimated at over $9.6 billion if all falls in place.

Here's why Sainsbury's was up 15% on Monday

Sainsbury's is widely believed to the next possible target for foreign private equity investment, with Apollo in the front seat, after the current bidding war for rival Morrisons and the acquisition of previously Walmart-owned Asda alerted would-be suitors to under-valuation of the U.K. grocery s.

Sainsbury's Follows Morrisons As Shares Surge Amid Private Equity Interest

Shares in Sainsbury's jumped 11% to a three-year high on Monday after a report over the weekend said private equity firms could launch bids worth more than 7 billion pounds ($9.6 billion) for Britain's second-largest supermarket.

Shares in UK chain Sainsbury's jump 11% on report of buyout interest

Shares of U.K. supermarket chain J Sainsbury jumped 9% on Monday, amid reports it will be next in line for a private-equity bid after Wm Morrison Supermarkets.

London Markets: Sainsbury shares jump on report it'll next attract private-equity bid

J Sainsbury PLC (LSE:SBRY) could be the next among the big UK supermarket groups facing bid interest from private equity companies after Wm Morrison Supermarkets PLC (LSE:MRW) last week agreed an offer from US private equity group Clayton, Dubilier & Rice. The US buyout firm Apollo is exploring the possibility of a bid for Sainsbury's, according to the Sunday Times.

Sainsbury's could be next target for private equity interest – report

Private equity companies are circling British supermarket group Sainsbury's with a view to possibly launching bids of more than 7 billion pounds ($9.53 billion), The Sunday Times reported.

Private equity firms circling Sainsbury's with view to launch bids - Sunday Times

Tesco PLC

Three of Britain's leading supermarkets today urged people not to panic buy after images of empty shelves in some areas of the country sparked a rush for the shops. Tesco PLC (LON;TSCO), Sainsbury's (LON:SBRY) and Lidl said they were responding to complaints from customers over shortages of certain products and blamed the HGV driver shortage and NHS Covid-19 tracing system that is keeping hundreds of thousands of staff off work.

Tesco and J Sainsbury urge people not to panic buy as driver shortages bite

J Sainsbury PLC's (LON:SBRY) chief executive Simon Roberts said the grocer is focused on its strategy as he dismissed speculation on a potential takeover. The recent private equity interest in Wm Morrison Supermarkets PLC (LON:MRW) has highlighted how the sector has been undervalued by the stock market and lifted the share price of fellow supermarket chains, including Sainsbury's.

Sainsbury's focused on strategy rather than potential takeover, says boss

J Sainsbury plc (LON: SBRY) reported an increase in its Q1 comparable retail sales on Tuesday. The £6.28 billion company also raised its full-year guidance.

Sainsbury's says its comparable retail sales jumped in Q1

The boss of Sainsbury's refused to be drawn on whether Britain's second largest supermarket group could become part of the fevered takeover activity gripping the sector, saying his focus was on delivering the strategy.

Sainsbury's boss says focus is on strategy, not takeover frenzy

J Sainsbury PLC (LON:SBRY) said trading in the first quarter was ahead of expectations but consumer behaviour is beginning to return to pre-pandemic levels as restrictions ease. The grocer expects to report underlying profit before tax of at least £660mln in the financial year to March 2022, from £356mln in the previous period, with progress weighted towards the first half.

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