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Retail sales fall in April as cold hits footwear and fashion, says BRC-KPMG

(ShareCast News) - British retail sales in April fell on a like-for-like basis compared to last year, with non-food sales outweighing positive food sales. The monthly Retail Sales Monitor (RSM) from the British Retail Consortium (BRC) and KPMG showed total sales were flat for a second month in a row

UPDATE 2-UK supermarket Sainsbury's says more price cuts on the way

* 2015-16 profit falls 14 pct, but beats forecast * Sees food price deflation through summer and beyond * Shares fall as much as 5.8 percent (Adds CEO, analyst comments, Kantar link, shares) By James Davey LONDON, May 4 (Reuters) - British supermarket Sainsbury's said o

Sainsbury's reports second straight year of profit decline

LONDON, May 4 (Reuters) - British supermarket Sainsbury's beat forecasts for full year underlying profit but still reported a second straight year of decline, hurt by an ongoing industry price war. Sainsbury's, which has shown greater resilience to competition from German discounters Aldi

UPDATE 2-Argos owner faces wait for regulator's view on Sainsbury's takeover

* Home Retail agreed 1.4 bln stg Sainsbury's takeover in March * Says does not expect regulator feedback until August * Home Retail's 2015-16 profit falls 28 pct (Recasts with comments on competition regulator) By James Davey LONDON, April 27 (Reuters) - Argos-owner Home

Home Retail hit by impairment charge from Sainsbury's takeover

(ShareCast News) - Argos owner Home Retail Group reported a full pre-tax loss of £804m after taking a hit from a £852m impairment charge as a result of its £1.4bn takeover by Sainbury's. The loss compares with a £93.8m profit in the year to February 2015. Sales fell 1% to £5.68bn, with revenues from

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TOP NEWS: Home Retail Swings To Annual Loss Ahead Of Takeover

Argos-owner Home Retail profit slumps 28 pct

LONDON, April 27 (Reuters) - Argos-owner Home Retail , which last month agreed to be taken over by British supermarket Sainsbury's, reported a 28 percent fall in annual profit on Wednesday. The firm said it made an underlying pretax profit of 94.7 million pounds ($138 mln) for the year to F

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PRESS: CVC-Qatar Group Abandoned "Secret" Sainsbury's Bid Plan - Sky

CVC, QIA and Brookfield drop secret bid plan for Sainsbury -report

EDINBURGH, April 16 (Reuters) - CVC Capital Partners , Qatar's QIA and Canada's Brookfield have abandoned a secret plan to bid for British supermarket group J.Sainsbury plc , Sky News reported on Saturday. The report could not immediately be verified. Sky said the trio had dropped a p

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Union Warns More Than 800 Jobs At Risk From Sainsbury's Shake Up