Its plan to “put food back at the heart of Sainsbury’s” may have been the main message in the UK supermarket giant’s year-end trading statement, but fashion is where the business is operating strongly.
UK retail giants John Lewis and Tu Clothing owner Sainsbury’s are asking customers and staff in England to continue wearing face coverings in their stores, despite the government ending its Plan B measures in England.
Supermarket giant Sainsbury’s — owner of the Tu Clothing brand — is aiming to drive sales higher by offering regular shoppers who have a Nectar loyalty card personalised discounts “on Sainsbury’s products and groceries”.
New Look has named Mike Coupe as its Non-Executive Chairman, succeeding Alistair McGeorge who’s been in the chairman’s seat during a particularly turbulent time for the company. Coupe joins on 29 September.
As so-called Freedom day approaches on Monday, there’s still a certain amount of nervousness among retailers in England (and their customers) over the ending of the legal requirement to wear face coverings in-store.
One of the the ‘Big Four’ UK supermarket chains, Morrisons, has received an unsolicited bid approach valuing it at £5.5bn. But it has rejected the offer, despite it being above its closing share price as of Friday.