Justin King

A season of huge discounts ahead

Neil Craven, Financial Mail Huge cuts are expected in the High Street over the next five weeks, leaving shoppers celebrating a discount Christmas. Sainsbury's boss Justin King said the chain was 'mobbed on toys' after they were...

Market forces: Costs in store for Sainsbury's | Prepare for a cold Christmas | Wolseley statement...

Costs in store for Sainsbury'sJ Sainsbury thrilled investors with a stonking first-half performance in the teeth of recession and chief executive Justin King deserves credit. But now may not be the right time to buy the shares....

Mammon: How Asda takes sting out of the crunch

Unusually for a chief financial officer, Asda's Judith McKenna never really gets to talk numbers. She can't: ever since the supermarket group was bought by Wal-Mart in 1999, she has been kept on a tight leash by the US...

Market Watch: Hope rides on retailer results to lift gloom after depressing week

Published Date: 16 November 2008 DEPRESSING UK unemployment data and the US government's U-turn on buying up toxic mortgage-backed assets set the FTSE 100 back 2.5%. The FTSE closed at 4,232.97 after one of the bleakest weeks...

Online growth helps Sainbury's boost profits by 11%

Supermarket Sainsbury's has bucked the trend of economic woe by reporting an 11% increase in before-tax profits. Strong online sales played a part in this, growing over 30% in the first half of the financial year. Before-tax...

Gators, Indians gear up for rematch

by Michael Love Sports Editor The last two times Gateway and Penn Hills met in the WPIAL Quad A playoffs, the winner went on to play at Heinz Field. Two years ago, Penn Hills outgunned Gateway, 44-37, in a WPIAL quarterfinal...

Sainsbury reports solid profits despite economic headwinds

By Elizabeth Rigby and Lucy Killgren J Sainsbury yesterday defied the strong economic headwinds that are beginning to batter Tesco, its bigger rival, as it delivered solid interim profits and sounded a rare note of optimism for...

Sainsbury's sales rise as credit crunch customers turn to own-brand products

Sainsbury's touted its discount grocer credentials yesterday, as it delivered booming sales of own-label value lines and won over customers from the upmarket grocers Marks & Spencer and Waitrose during the credit crunch.

British business: Over to you, Chancellor

What Britain's leading business figures want from the pre-Budget report as recession bites Thursday, 13 November 2008 Miles Shipside, Commerical director, Rightmove Housing is very close to people's hearts, and their moods tend...

Funny fruit now legal in European markets

European regulators have dumped rules which ban the sale of curly cucumbers, knobbly carrots, bendy banana's and underweight kiwi fruit. Farmers are pleased they'll no longer have to dump good food because of astethics.

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