Sainsbury’s, the UK supermarket chain, has rolled out what it describes as a on-demand, one hour delivery service app called Chop Chop, with goods delivered by bicycle. The Chop Chop app was initially made available to the Wandsworth area in London for a trial period, but now the retailer is looking to expand the service by adding 35,699 new postcodes in the capital. The new app allows customers to order …
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Sainsbury
UK retailer Sainsbury’s has reported a rise in annual its pre-tax profit to £898 million ($1.524 billion) for the year ending 15th March, more than 16% higher than its previous annual profit of £772 million ($1.310 billion). Like-for-like sales, however, which excludes trading at new stores & fuel, rose by just 0.2% against the backdrop of what Sainsbury’s described as a “tough retail environment”. Sainsbury’s Chief Executive Justin King said: …
With Easter 2014 fast approaching, major companies across the globe have unveiled their latest Easter product offerings, taking full advantage of what is seen as a significant holiday for the confectionery industry. In the UK, over 90 million Easter eggs are said to be sold each year, while in Australia and the USA consumers are claimed to spend over AU$3 billion ($2.8 billion) and $2 billion respectively. In the US, …
Sainsbury’s, one of the UK’s biggest retailers, has announced its first drop in like-for-like sales in nine years, with comparable Q4 sales falling back 3.8%. Excluding fuel, takings were were down 3.1% in the period of March while year-on-year sales dropped 1%. Justin King, CEO of the company, commented: “We have seen a decline in sales in the quarter reflecting tough comparatives. This time last year our sales benefited significantly …
Sainsbury has announced that, in the run up to Christmas, its “Free From” foods range has seen a rise in sales of 64% compared to 2012. The retailer attributed the increase to the growing numbers of consumers with food allergies or otherwise opting for gluten, dairy or wheat free products, but who did not want to miss out on traditional Christmas treats. Sainsbury said it had also expanded its own …
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