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The Latest Breaking News from Simon Roberts

Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets

First shop in £130m investment to open next summer as questions raised over DIY chain’s future

The Guardian - UK

Sainsbury’s boss says rate cuts needed to spur consumer spending; eurozone inflation dips to 2.5% – as it happened

Simon Roberts says consumer caution ‘not surprising given everything households have been through in the cost of living crisis’

The Guardian - UK

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

Euro 24 lifts TV sales at Argos but purchases of clothing, paddling pools and garden furniture fall

The Guardian - UK

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Sainsbury’s says sales revival in big-ticket items depends on base rate cut

Chain is winning market share from rivals but discretionary spend remains cautious, CEO Simon Roberts says

The Guardian - UK

Sainsbury takes on Aldi and Lidl after "relentless" price cuts

Sainsbury today hailed its focus on food under CEO Simon Roberts and said it is taking market share from rivals including Aldi and Lidl at the cheaper end of the market and Waitrose at the top.

Evening Standard

Sainsbury’s does not rule out job cuts as it reveals plans to use more robots

Increased use of automated tills, warehouse robots and AI forecasting tools is part of £1bn cost-cutting drive

The Guardian - UK

Sainsbury’s won shoppers from rivals at Christmas but Argos sales dive

Supermarket reports 8.6% rise in grocery sales, although consumers rein in spending on electrical goods

The Guardian - UK

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Sainsbury heralds bumper Xmas and claims to be grabbing market share

Profits for the year could hit £700m

Evening Standard

Charcuter Trees and Tiramichoux: Sainsbury’s aims to jazz up ‘beige’ festive food

Chief executive says it is focusing on innovation, with quirky treats in its Christmas campaign

The Guardian - UK

Sainsbury’s boss defends decision to sell customers’ Nectar card data

Supermarket says it protects personal data ‘incredibly carefully’ and move makes ads ‘more relevant’

The Guardian - UK

Four bike rides, four years in the life of Black Britain: ‘On the road, we found ourselves again’

The long read: In a time of death and isolation, a new tradition was born. As the UK struggled with Covid and a renewed fight for racial justice, I turned to two wheels to get by

The Guardian - UK

Sainsbury’s declares it is winning back Lidl and Aldi customers

Chief says firm making record gains in market share after passing on savings to shoppers with discounted groceries

The Guardian - UK

Sainsbury's cuts prices and takes sales from Aldi and Lidl

Customers choosing to dine at home "in front of Strictly"

Evening Standard

Sainsbury's boss insists food prices ARE starting to fall in boost for shoppers

Supermarket boss says prices will remain higher since Russia's invasion of Ukraine, when a number of key commodities from wheat to oil surged in cost

Daily Mirror

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Manchester Evening News

Sainsbury's bosses believe they are starting to see the decline of massive price hikes

The UK's second-largest chain has issued an important update about the price of your weekly shop

The Guardian - UK

Food inflation starting to fall, says Sainsbury’s as sales rise

Like-for-like sales up 9.8% in quarter and supermarket says it has put more than £60m into cutting prices of basics

Bristol Post

Rising food prices are starting to ease, says Sainsbury's boss

The cost of the weekly shop has been rising quickly

Wales Online

Sainsbury's boss says rising food prices are starting to ease

The cost of the weekly shop has been rising quickly

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news in one place.

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The Guardian - UK

Five-year mortgage rate hits 6% as savings lag behind; UK ‘only G7 member with rising inflation’ – as it happened

Mortgage rates hit highest since last autumn, adding to squeeze on borrowers

Daily Mirror

Supermarket bosses paid up to 229 TIMES more than workers - see how they compare

Staff at some major UK supermarket chains have received a few pay rises over the last year but how does that compare to the big bosses paychecks?

The Guardian - UK

UK’s top bosses paid millions despite cost of living crisis, annual reports show

Bumper earnings for National Grid and M&S chiefs come as energy firms and supermarkets are accused of ‘greedflation’

The Week

Greedflation: the claim that businesses are making inflation worse

MPs, academics and trade unionists have accused supermarkets of deliberately “profiteering” from inflation, alleging that they are increasing food prices beyond the pace of inflation and their own rising costs.

Manchester Evening News

Sainsbury's follows ASDA and implements change to all own brand products

The new Stamford Street range will be the face of Sainsbury's value own-brand products

The Independent UK

Sainsbury’s profits fall amid soaring inflation – but still beat market expectations

Outlook ‘to remain challenging’ says supermarket chief executive

The Guardian - UK

Sainsbury’s and Unilever deny claims of profiteering in cost of living crisis

Supermarket chain and consumer goods company insist they are protecting shoppers from inflation surge

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