Sainsbury’s, the United Kingdom's second biggest supermarket chain, promises to become carbon neutral by 2040. Moreover, it pledges to invest a billion pounds to reach that target.
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If the British competition watchdog blocks the proposed merger between Walmart's subsidiary ASDA and Sainsbury’s, an investment fund could offer a way out.
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The Competition and Markets Authority sees too much overlap between Sainsbury's and Asda in as much as 463 locations after the planned merger of the two chains, leaving consumers with too little choice. The decision is a threat to just shy of 500 stores.
British supermarket chain Sainsbury’s is to cut about 2,000 jobs in the United Kingdom, aiming to save up to 500 million pounds (560 million euro) in an attempt to compete with discounters.
Paying at the cash register remains the most annoying moment at a supermarket. Many food retailers are now trialing smartphone apps to help customers scan and pay: will the cash register become superfluous soon?
Sainsbury’s, the second largest supermarket chain in the United Kingdom, is allegedly planning to cut 1,000 office jobs in order to save up to 500 million pounds (550 million euro).