Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
In an attempt to expand its non-food businesses, Morrisons, the fourth largest supermarket chain in the UK, is soon going to launch its maiden garment line called Nutmeg. The famous grocery retailer’s new apparel range will ...
Tags: supermarket chain, Morrisons, non-food businesses, maiden garment line