Keyword » Mike Coupe

Sainsbury’s/Asda deal: first details are revealed

Sainsbury’s and Walmart, owner of Asda, have this morning (30 April) released details of plans to merge the two UK supermarket chains.

Sainsbury’s posts moderate sales growth

Sainsbury’s has revealed that total retail sales increased by 0.3% (excluding fuel) for the 16 weeks to 26 September 2015.

Sainbury's
Sainsbury's reports small decline in Q4 sales
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Sainsbury’s records decline in Q4 sales

Sainsbury’s has reported like-for-like retail sales were down 1.9% in its fourth-quarter trading statement as “the trading environment remains challenging”. 

Mike Coupe:
supermarket boss
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Sainsbury’s: LFLs down and warns on deflation

Sainsbury’s has revealed like-for-like sales (LFLs) fell during the important festive period – and warned the remainder of its financial year would be “challenging”.

Mike Coupe:
new chief executive at the supermarket
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Underlying profits and LFLs down at Sainsbury’s

Supermarket group Sainsbury’s this morning unveiled a 2.1% fall in like-for-like sales and said underlying profit had dropped by 6.3% to £375m.

BREAKING: Sainsbury’s CEO to step down after 10 years

Sainsbury’s has announced that Justin King, CEO, will step down in July after 10 years in the role.

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