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United Kingdom

J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

299.90GBp
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-3.70 (-1.22%)
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303.60
Open
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341.80
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Latest Key Developments (Source: Significant Developments)

Unite Takes Legal Steps Against Sainsbury's Over 'Sign Or Be Sacked' Contracts Row
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - UK's Unite::UK'S UNITE- GEARING UP FOR LEGAL BATTLE WITH SAINSBURY’S OVER A COLLECTIVE GRIEVANCE BY THE UNION’S MEMBERS IN THE ‘SIGN OR BE SACKED’ CONTRACTS ROW.UK'S UNITE UNION - TAKEN LEGAL STEPS TO PROTECT EMPLOYEES THAT HAVE BEEN TOLD BY SAINSBURY’S THEY HAD TO SIGN NEW CONTRACTS BY SEPT. 23 OR BE SACKED.UK'S UNITE- DISPUTE WITH SAINSBURY'S OVER PROPOSAL TO INCREASE PAY TO £9.20 AN HOUR FOR WORKERS AT 1,400 STORES FROM THIS MONTH.  Full Article

Asda Responds To UK's CMA Investigation Into Sainsbury Deal
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Asda::ASDA RESPONDS TO UK'S CMA INVESTIGATION INTO ASDA-SAINSBURY DEAL; SAYS CONFIDENT CMA WILL TAKE EVIDENCE-BASED APPROACH TO ASSESSMENT OF DEAL.  Full Article

Sainsbury Responds To UK's CMA Investigation Into Asda Deal
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - J Sainsbury PLC ::SAINSBURY RESPONDS TO UK'S CMA INVESTIGATION INTO ASDA-SAINSBURY DEAL; SAYS CONFIDENT IN ITS CASE & LOOKS FORWARD TO WORKING CLOSELY WITH CMA.  Full Article

UK's CMA Begins Sainsbury-Asda Merger Investigation
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - UK's Competition and Markets Authority::UK'S CMA LAUNCHES SAINSBURY'S / ASDA MERGER INVESTIGATION.WILL NOW BEGIN FIRST PHASE OF ITS DETAILED ASSESSMENT INTO HOW SAINSBURY/ASDA DEAL COULD AFFECT COMPETITION FOR UK SHOPPERS.SAYS ITS INVESTIGATION INTO SAINSBURY'S/ASDA DEAL WILL CONSIDER WHETHER DEAL COULD LEAD TO LESS CHOICE.SAINSBURY, ASDA ASKED CMA TO MOVE MORE QUICKLY TO IN-DEPTH (PHASE 2) PART OF INQUIRY THROUGH 'FAST-TRACK' PROCESS.CMA WILL ALSO LOOK AT WHETHER MERGED COMPANY AFTER SAINSBURY/ASDA DEAL COULD USE ITS INCREASED BUYER POWER TO SQUEEZE SUPPLIERS.SAYS ITS INVESTIGATION WILL ALSO CONSIDER IF SAINSBURY'S/ASDA DEAL COULD LEAD HIGHER PRICES OR WORSE QUALITY SERVICES.EXPECTS TO ACCEPT SAINSBURY & ASDA REQUEST FOR FAST TRACK INQUIRY UNLESS IT GETS VALID OBJECTIONS TO USE OF FAST-TRACK PROCESS.  Full Article

Sainsbury's says inflation in business dropped 1.5 pct Q4 to Q1
Wednesday, 4 Jul 2018 

July 4 (Reuters) - J Sainsbury ::CEO SAYS INFLATION IN BUSINESS DROPPED BY 1.5 PERCENT FROM Q4 TO Q1.CEO SAYS ASDA <<>> DEAL NOT HAVING A DISTRACTION EFFECT ON TRADING.CFO SAYS ONLY 15 PEOPLE IN ORGANISATION WORKING ON ASDA <<>> DEAL.CFO SAYS "WE DO THINK THERE NEEDS TO BE A CHANGE" ON UK BUSINESS RATES.CEO SAYS HAS SEEN NO SIGNIFICANT IMPACT ON BUSINESS FROM CO2 SHORTAGE.  Full Article

Ten Entertainment Says Rob Mcwilliam Resigns As Non-Exec Director
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Ten Entertainment Group Plc ::ROB MCWILLIAM NOTIFIED CO OF HIS RESIGNATION AS NON-EXEC DIRECTOR AS HE ACCEPTED ROLE AS CFO OF ASDA STORES LIMITED.  Full Article

J Sainsbury Says Clodagh Moriarty To Take On New Group Chief Digital Officer Role
Wednesday, 6 Jun 2018 

June 6 (Reuters) - J Sainsbury Plc ::SAINSBURY'S CREATES GROUP CHIEF DIGITAL OFFICER ROLE.CLODAGH MORIARTY HAS BEEN PROMOTED TO ITS OPERATING BOARD AS GROUP CHIEF DIGITAL OFFICER, WITH IMMEDIATE EFFECT.  Full Article

J Sainsbury Confirms Hourly Rate For Employees To Increase To 9.20 Pounds/Hour
Thursday, 24 May 2018 

May 24 (Reuters) - J Sainsbury Plc ::HOURLY RATE FOR EMPLOYEES TO INCREASE FROM £8 TO £9.20 PER HOUR.INVESTMENT OF £110 MILLION TO GIVE 121,000 STORE COLLEAGUES AN AVERAGE PAY RISE OF 9.3 PCT.  Full Article

J Sainsbury FY Underlying Pretax Profit Rose 1.4 Pct TO 589 mln Stg
Wednesday, 2 May 2018 

May 2 (Reuters) - J Sainsbury PLC ::FY UNDERLYING PRETAX PROFIT ROSE 1.4 PERCENT TO 589 MILLION STG.FINAL DIVIDEND 7.1 PENCEPER SHARE.TOTAL DIVIDEND 10.2 PENCEPER SHARE.J SAINSBURY - SAYS A SEARCH PROCESS HAS BEGUN, LED BY DAME SUSAN RICE AND NOMINATION COMMITTEE, TO FIND SUCCESSOR FOR DAVID TYLER AS NON-EXECUTIVE CHAIRMAN.  Full Article

Sainsbury's CEO says will fight Asda for market share until deal goes through
Monday, 30 Apr 2018 

April 30 (Reuters) - Sainsbury’S ::CEO SAYS UNTIL ASDA DEAL COMPLETES SAINSBURY’S AND ASDA WILL FIGHT EACH OTHER FOR MARKET SHARE.SAINSBURY'S CEO SAYS SOME OF STORE DISPOSAL NUMBERS BEING CITED BY ANALYSTS ARE “WAY OFF THE MARK”.SAINSBURY'S CEO COUPE SAYS DEAL HAS “NOTHING WHATSOEVER TO DO WITH BREXIT”.SAINSBURY'S CEO SAYS UK CMA WILL NOT TELL SAINSBURY’S/ASDA TO CLOSE STORES, MAY ASK THEM TO SELL STORES.  Full Article

PRESS DIGEST- British Business - Oct 17

Oct 17 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.