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J Sainsbury PLC (SBRY.L)

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Wed, May 3 2017

Sainsbury's drop, miners weigh on Britain's FTSE

* Sage Group lifted by H1 update (Adds quote and detail, updates prices at close)

UPDATE 2-Sainsbury's warns challenging UK market means long wait for profit growth

* Pretax profit 581 million pounds in year to March 11 (Adds CEO, analyst comment, shares)

Britain's FTSE weighed down by commodity stocks, Sainsbury's drop

MILAN, May 3 Britain's top share index fell on Wednesday, weighed down by weaker commodity stocks, while supermarket Sainsbury's dropped after an underwhelming earnings update.

UK's Sainsbury's profit falls for third straight year

LONDON, May 3 British supermarket Sainsbury's on Wednesday reported a third straight year of underlying profit decline, despite the boost to earnings from last year's purchase of Argos, the general merchandise retailer.

Sainsbury's targets "Athleisure" market with Russell Athletic tie-up

LONDON, April 19 Sainsbury's, Britain's second largest supermarket group, is aiming to for a slice of the growing "Athleisure" casual sports clothing market through a partnership with U.S. brand Russell Athletic, it said on Wednesday.

Sainsbury to convert Argos stores to digital format and expand Habitat

LONDON, April 13 Britain's No. 2 supermarket group Sainsbury plans to convert 60 Argos general merchandise stores to a digital format and open more in-store Habitat outlets over the next year, it said on Thursday.

UPDATE 2-UK's Sainsbury's warns higher cost prices making life harder

* Argos like-for-like sales up 4.3 pct (Adds comments by CEO, analyst; share price reaction)

Britain's Sainsbury's says quarterly sales edge lower

LONDON, March 16 Britain's Sainsbury's on Thursday reported a slight fall in underlying quarterly sales in its core supermarkets business and cautioned over uncertainty regarding cost pressures.

Consumer spending squeeze could help UK supermarkets - Sainsbury's boss

LONDON, March 8 Britain's major supermarket chains could benefit from a small decline in overall spending by Britons because people will eat at home more rather than dining out, the boss of Sainsbury's said on Wednesday.

UK's Sainsbury's to cut up to 400 jobs in stores shake-up

LONDON, March 3 Sainsbury's, Britain's second largest supermarket group, is to cut up to 400 jobs in a restructuring of its store operations, it said on Friday.

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