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J Sainsbury PLC
Sainsbury’s says customers ready to splurge as it targets higher profits
...The boss of J Sainsbury said shoppers were starting to splurge on certain items after two years of shopping for bargains, as Britain’s second-biggest supermarket forecast rising profits this year....
April 25, 2024
Lex PopuliMarks & Spencer Group PLC
M&S ‘superapp’ will need a long shelf life
...A Marks and Spencer superapp would be catnip for investors and Middle England alike. Little wonder that a report claiming it was on the cards sparked the odd frisson....
March 21, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Sainsburys Bank PLC
Sainsbury’s to exit core banking business
...Many British retailers including Marks and Spencer, John Lewis and Tesco, entered financial services in the 1990s, at a time of strong lending growth....
January 18, 2024
UK retail results
Tesco and M&S emerge as winners from Christmas trading
...The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
January 11, 2024
Jacob Rothschild
Jacob Rothschild, British financier, dies aged 87
...Rothschild also co-founded J Rothschild Assurance Group — now known as wealth manager St James’s Place — alongside Sir Mark Weinberg and Mike Wilson in 1991....
February 26, 2024
The Week Ahead
Taiwan goes to the polls
...UK companies news will be peppered with trading updates, notably supermarket chains Marks and Spencer, J Sainsbury and Tesco, discount retailer B&M and Greggs, purveyor of hot pastry snacks such as the vegan...
January 7, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Investments
Investors’ Chronicle: Tesco, J Sainsbury, Marks and Spencer
...HOLD: Marks and Spencer (MKS) Marks and Spencer increased its market share over Christmas, with both food and clothing sales growing strongly....
January 13, 2023
ObituaryJacob Rothschild
Jacob Rothschild, financier and philanthropist, 1936-2024
...Two years later he founded J Rothschild Assurance Group — now St James’s Place, the UK’s largest wealth manager — with Sir Mark Weinberg....
February 29, 2024
Ocado Group PLC
UK ‘over the worst’ of food price inflation, says Ocado chief
...Ocado runs an online supermarket in the UK in partnership with Marks and Spencer and also sells its technology to other retailers around the world to enable them to sell goods online....
July 18, 2023
Retail sector
UK retailers raise prices of own-label ranges faster than those of brands
...Tesco, J Sainsbury, Asda, Co-op, Waitrose, Marks and Spencer, Lidl, Aldi and Ocado did not immediately respond to a request for comment....
May 15, 2023
Fashion
My search for the ‘perfect’ all-round swimsuit
...Humblingly, it was Marks and Spencer that came closest to the very specific form of perfection I sought....
June 8, 2023
News in-depthUK retail industry
M&S and Waitrose fight it out for the shopping baskets of middle England
...Bailey, who joined from J Sainsbury a few months into the pandemic, acknowledged he must work with what he has....
December 23, 2022
Ocado Group PLC
Ocado earnings forecast falls short of expectations as customers cut back
...Conventional supermarket rivals J Sainsbury and Tesco both increased their sales by about 5 per cent in the same period, and by 7 per cent in the six weeks leading up to Christmas....
January 17, 2023
UK economy
UK retailers and pubs hope for boost from coronation of King Charles
...Both Simon Roberts, chief executive of J Sainsbury, and Kathryn Turner, food product development director at Marks and Spencer, are planning for customers to buy more than normal....
May 5, 2023
Style
The laid-back charm of octogenarian style
...“It’s day-to-day casual,” he says of the aesthetic he’s been repping for 50 years, mostly bought from Marks and Spencer by my grandma. “I’m comfortable. I don’t think I’m too old-fashioned....
June 2, 2023
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Books
What to read in 2024
...NON-FICTION JANUARY Judgement at Tokyo: World War II on Trial and the Making of Modern Asia by Gary J Bass (Picador/Knopf) A magisterial history of the trial of Japan’s wartime leaders — the largely overlooked...
December 28, 2023
Tesco PLC
UK inflation may not have peaked, warns Tesco chief
...UK sales grew 7.2 per cent in the six weeks to January 7, similar to the growth reported by its rival J Sainsbury this week and ahead of the average market forecast of 6.4 per cent growth....
January 12, 2023
UK retail industry
How UK retailers are defying the consumer gloom
...At Marks and Spencer, clothing sales in stores were up 12 per cent in the third quarter....
January 14, 2023
John Lewis Partnership PLC
UK retailer John Lewis links up with Abrdn to build homes for rent
...its store estate, while supermarket groups such as Tesco and J Sainsbury have also converted surplus real estate into housing....
December 2, 2022
Jonathan Eley
Why investors have largely shelved retail shares
...Rival J Sainsbury has generated an almost identical performance. It is the same across other parts of the industry....
January 27, 2023
Live news updates from January 16: Sicilian mafia boss arrested; German defence minister quits; UK faces more strikes; Scotland’s transgender bill prompts Sunak-Sturgeon clash
Beware of the darkest day in the calendar
...That would be similar to the growth posted last week by Tesco and J Sainsbury, after British shoppers splashed out for the first Christmas in two years not to be disrupted by Covid-19....
January 15, 2023
J Sainsbury PLC
Sainsbury’s sales fall as customers cut back spending
...“I started my career on the shop floor at [Marks and Spencer] in 1990 when I was earning £8,000 a year....
July 5, 2022
News in-depthFood Prices
How cracks appeared in UK’s booming free-range egg market
...Supermarkets Aldi, Lidl, Asda, Morrison, Marks and Spencer, and Tesco have in recent weeks imposed caps on the number of boxes of eggs that customers can buy, while rival J Sainsbury this month sparked fury...
November 28, 2022
Retail sector
UK clothing retailer Boden sets sights on boosting US sales
...“If you look at that and J Crew, they are very close to Boden and yet they are both $1bn brands”....
September 20, 2022
Marks & Spencer Group PLC
M&S executive team could earn £15mn this year if targets hit
...The top three executives at Marks and Spencer could earn more than £15mn between them for the current financial year if they hit targets and the retailer’s share price recovers by 50 per cent....
June 7, 2022

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