J Sainsbury PLC


  • Milk is now cheaper than water in the UK Tuesday, 13 Jan 2015 | 6:00 AM ET

    An escalating price war between the U.K.'s largest supermarkets means that the price of milk is now cheaper than bottled water, research shows.

  • Morrisons CEO to leave after Christmas sales fall Tuesday, 13 Jan 2015 | 2:29 AM ET
    Dalton Philips

    Morrisons said its chief executive would step down after the firm posted the worst Christmas performance of Britain's listed supermarkets.

  • Filling caviar tins at the factory, Anzali port, Iran.

    Across the U.K., supermarkets have seen unprecedented demand for luxury foods over the festive period, with sales of caviar booming to record highs.

  • Europe accelerates to close sharply higher on Draghi Thursday, 8 Jan 2015 | 11:30 AM ET

    European stocks surged to close almost 3 percent higher after ECB chief Draghi reiterated the central bank was ready to start "full-blown" QE.

  • Tesco shares surge despite Christmas sales fall Thursday, 8 Jan 2015 | 3:01 AM ET
    A general view of a Tesco supermarket in Glasgow, Scotland

    Embattled Tesco reported that sales fell over the Christmas period and announced that it would not be paying a final dividend this year.

  • Europe shares rally on hopes of further ECB action Wednesday, 7 Jan 2015 | 4:30 PM ET

    Europe shares ended higher on Wednesday with investors anticipating more stimulus by the European Central Bank (ECB).

  • LONDON, Jan 7- Strong demand for premium foods and clothing helped British grocer J Sainsbury to beat Christmas sales forecasts, though it continued to lose market share to discounters and warned of another tough year for mainstream supermarkets. The company, which trails troubled market leader Tesco and Wal-Mart Stores' Asda by annual sales, said on Wednesday...

  • Sainsbury's shares wobble on sales dip Wednesday, 7 Jan 2015 | 4:34 AM ET

    Sales at U.K. supermarket J. Sainsbury fell in the last three months, the company said on Wednesday, after a tough Christmas for Britain's grocers.

  • There's no Christmas joy for these supermarkets Monday, 5 Jan 2015 | 10:14 AM ET
    People look for milk products at a Whole Foods supermarket in Washington.

    Christmas comes just once a year – but the problems affecting the big U.K. supermarkets are expected to linger all year long.

  • *UK retail sales beat forecasts to rise 6.4 pct y/y in Nov. *GRAPHIC: UK retail sales http://link.reuters.com/raz24v. The Office for National Statistics said the volume of goods bought at British stores last month jumped by 6.4 percent from November 2013.

  • European indexes close down 2%; Greek stocks crash Tuesday, 9 Dec 2014 | 4:30 PM ET

    European shares closed sharply lower on Tuesday as a slide in Chinese and Greek equities weighed on investor sentiment.

  • Europe closes lower, led by construction stocks Monday, 8 Dec 2014 | 11:30 AM ET

    European shares closed lower on Monday, with construction stocks continuing to weigh heavily after Wall Street opened down.

  • Activist investor talks over Sainsbury's: Report Monday, 8 Dec 2014 | 2:00 AM ET

    U.K. activist investment fund Crystal Amber is in talks with investors about buying shares in Sainsbury's, The Sunday Telegraph newspaper said.

  • Europe closes flat after US GDP beats expectations Tuesday, 25 Nov 2014 | 12:04 PM ET

    European shares closed flat on Tuesday as investors digested revised third quarter GDP data from the U.S.

  • UK supermarket sales fall for first time on record Tuesday, 18 Nov 2014 | 9:42 AM ET

    The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.

  • Dividend payout growth seen slowing in 2015 -report Monday, 17 Nov 2014 | 1:54 AM ET

    *Economic growth to be uncertain, UK divs to fall- Henderson. The report pointed to an uncertain economic growth picture next year and said that one reason for slower growth would be the absence of Vodafone's record $26 billion payout from selling its Verizon Wireless stake. We expect total dividends from the UK to be down by more than $20 billion next year. "

  • European shares end lower as utilities, banks slide Wednesday, 12 Nov 2014 | 12:38 PM ET

    *Italy's FTSE MIB underperforms wider market. The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.9 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. This shows that the underlying problems for the market are still very much intact, "said Gerhard Schwarz,...

  • Europe shares sink; banks suffer; DAX down 1.8% Wednesday, 12 Nov 2014 | 11:58 AM ET

    European shares closed lower on Wednesday, with investors shunning banking stocks after regulators announced penalties.

  • Weaker utilities, banks drag down European shares Wednesday, 12 Nov 2014 | 11:20 AM ET

    The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.7 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. Germany's top utility E.ON fell 4 percent after posting a steep drop in profits at its business in Russia, its most important foreign market.

  • European shares slip as banks, retailers retreat Wednesday, 12 Nov 2014 | 7:20 AM ET

    *HSBC, RBS, UBS, Barclays in focus after forex probe fines. LONDON/ PARIS, Nov 12- European shares fell on Wednesday, with financials hit after global regulators fined five banks for failings in currency trading, while supermarket chain J. Sainsbury dropped after announcing plans to cut prices. The European banking index slipped 1.3 percent after global regulators...