E-PaperSainsbury News
Walmart got a lot more than $10 billion from its Asda investment
Asda's two-decade run as one of Walmart's biggest international operations created a special relationship between the American and English retailers
3 min read1 May 2018Sainsbury to add Asda in $10 billion deal with Walmart
UK grocer Sainsbury will pay Walmart 2.98 billion pounds in cash and 4.3 billion pounds in stock to buy Walmart's Asda in a deal hat would transform the country's supermarket industry
3 min read30 Apr 2018Sainsbury’s, Walmart’s Asda to create UK supermarket powerhouse
Sainsbury's confirmed that it and Walmart, the world's largest retailer, were in advanced discussions regarding a combination of the Sainsbury's and Asda businesses
3 min read29 Apr 2018Sainsbury is said to consider buying Asda from Walmart
The talks are an effort by Sainsbury to gain scale in a brutally competitive retail market where department-store chain BHS, electronics retailer Maplin and the UK arm of Toys ‘R’ Us have gone bust
2 min read28 Apr 2018Britain’s Tesco faces record $5.6 billion equal pay claim
Supermarket group Tesco is facing a potential bill of up to 4 billion ($5.6 billion) to bring the wages of its female employees into line with men
2 min read7 Feb 2018Marks & Spencer pulls ads from YouTube over offensive videos
Marks & Spencer pulled advertising from Google, joining 'The Guardian' and J 'Sainsbury', after their spots were appearing alongside offensive clips on YouTube
2 min read20 Mar 2017UK shoppers brace for new Brexit test as inflation picks up
Plunge in the pound since the Brexit vote threatens to squeeze retailers' profit margins by making imports more expensive
3 min read8 Jan 2017Tesco suffers worst sales slump in ‘40 years’
The firm has been hit by supermarket price wars and rising popularity of German-owned discounters
3 min read4 Jun 2014Sainsbury’s says no plans to open retail stores in India
UK’s retailer says planning to set up a sourcing office in India
1 min read24 Apr 2013European shares snap two-day losing streak
European shares snap two-day losing streak
2 min read21 Mar 2012Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared