Sainsbury’s raises FY profit outlook to £1.06bn as food sales rise
The retailer reported a statutory loss after tax of £164m due to costs associated with the agreed sale of Argos to Swift Partners
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Fnac Darty grows despite unrest in France
Fnac Darty posted a 1.8% increase in revenue on a comparable basis in the third quarter. Results were driven primarily by European markets outside France and online sales. The…
Waitrose opens first supermarket in eight years as it announces four additional new sites
Retailer confirms four further sites as part of £1bn investment in stores and online operations
Kuehne+Nagel Lifts 2026 Outlook After A Robust Third Quarter
Kuehne+Nagel raised its 2026 operating profit guidance for the third time this year, after reporting robust third-quarter results.
Waitrose opens first new supermarket in eight years in £1bn expansion
Waitrose has opened its first new supermarket in eight years in Cricklewood, north London, as part of its current £1bn investment programme. The 18,000 sq ft store, which opens…
Sainsbury’s raises profit outlook as grocery sales climb despite £164m loss
Sainsbury’s has raised its full-year profit guidance after reporting a 3.6 per cent rise in underlying operating profit to £525m, as grocery sales growth and market share gains…
Sainsbury’s raises profit outlook as grocery sales climb despite £164m loss
Sainsbury’s has raised its full-year profit guidance after reporting a 3.6 per cent rise in underlying operating profit to £525m, as grocery sales growth and market share gains…
UK's Sainsbury's Follows Tesco In Lifting Profit Outlook
Sainsbury's upgraded the lower end of its full-year profit outlook after posting a 3.6% rise for its first half.
Croatia’s Tommy Group Plans To Raise €200m From IPO
Croatian retailer and food producer Tommy Group is moving forward with an IPO, aiming to raise €180-200 million.
Waitrose opens first new supermarket in eight years in £1bn expansion
Waitrose has opened its first new supermarket in eight years in Cricklewood, north London, as part of its current £1bn investment programme. The 18,000 sq ft store, which opens…
Adidas’ record Q3 is salt in the wound for Nike
Preliminary figures show revenue reaching $8.1 billion, as the sportswear giant takes “significant” share from its rival.
Mérieux NutriSciences completes acquisition of Certified Group
First announced in August, this strategic transaction unites two complementary leaders in the Testing, Inspection, and Certification (TIC) sector. With approximately $300 million…