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Top related persons:
Aimee Donnellan - 2 J Sainsbury’s - 1 Simon Roberts reckons - 1 Wm Morrison - 1 Aston Martin - 1 Neil Unmack - 1 Streisand Neto - 1 Helen Dickinson - 1
Top related locs:
Britain’s Asda Dubilier Bank of England
Top related orgs:
Thomson - 2 Aldi - 1 Tesco - 1 Clayton - 1 Rice - 1 EG - 1 R - 1 Asda - 1

Search resuls for: "J Sainsbury’s"


2 mentions found


☆ Sainsbury’s gain is private equity’s pain
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 2 (Reuters Breakingviews) - Red hot competition in the UK grocery market is favoring the largest players. Sainsbury’s CEO Simon Roberts reckons the 6.5 billion pound group has been taking market share from rivals including discounters Aldi and Lidl. That may not be good news for Sainsbury’s smaller peers like Morrisons and Asda, owned by Clayton, Dubilier & Rice and EG Group respectively. Both Sainsbury’s and Tesco have held their market shares relatively stable since 2021, when CD&R bought Wm Morrison. Sainsbury’s is currently valued at 5 times forward EBITDA, according to LSEG data.
Persons: J Sainsbury’s, Simon Roberts reckons, Wm Morrison, Aimee Donnellan, Aston Martin, Neil Unmack, Streisand Neto Organizations: Reuters, Aldi, Tesco, Clayton, Rice, EG, R, Asda, Morrisons, Pfizer, Thomson Locations: Britain’s, Asda, Dubilier
☆ Grocer profit will be sacrificed on UK food altar
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Oct 3 (Reuters Breakingviews) - British shoppers enjoyed a novel experience last month: lower food prices. Admittedly, the fall in the average food basket between August and September was just 0.1%, according to the British Retail Consortium. But it was the first monthly fall in food prices since July 2021 and brought down overall retail inflation to 6.2%, the lowest in a year. That’s good for consumers, especially those who like dairy products, margarine, fish and vegetables – the items that caused the overall fall. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Helen Dickinson, Francesco Guerrera, Aimee Donnellan, Oliver Taslic Organizations: Reuters, British Retail Consortium, Bank of, Grocers, X, Temasek, Thomson Locations: Bank of England
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