The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSainsbury's Share News (SBRY)

Share Price Information for Sainsbury's (SBRY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 281.00
Bid: 281.00
Ask: 281.20
Change: -2.40 (-0.85%)
Spread: 0.20 (0.071%)
Open: 283.60
High: 283.80
Low: 277.80
Prev. Close: 283.40
SBRY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Breakfast, barbecues and booze: UK supermarkets set for Women's World Cup final fillip

Fri, 18th Aug 2023 10:38

LONDON, Aug 18 (Reuters) - British supermarkets and pubs are set to enjoy a boost to trade this weekend as families and friends gather for breakfasts and barbecues to watch England's Lionesses play Spain in the Women's World Cup soccer final in Australia.

The game on Sunday will be the first time since England's men beat West Germany in 1966 that a senior England team has reached a soccer World Cup final.

With fair weather forecast, supermarket demand for alcohol, soft drinks, and barbecue food is expected to jump.

The early kick off, at 11 a.m. local time (1000 GMT), is also anticipated to drive sales of breakfast treats.

The boost to trade will be welcomed. On Friday, official data showed a bigger-than-expected fall in UK retail sales in July as heavy rain deterred shoppers already hard hit by high inflation and consecutive increases in interest rates.

Pubs are also expecting increased demand, with trade body UK Hospitality estimating an additional 41 million pounds ($52 million) in sales.

Market leader Tesco said it expected burger sales to more than double this weekend versus last, with lager sales up 35% and Champagne sales up 30%.

Sainsbury's, Britain's second largest grocer, saw beer sales jump over 20% week-on-week for the Lionesses semi-final victory over Australia on Wednesday.

"We expect that figure to continue to rise over the weekend," a Sainsbury's spokesperson said.

The group is also forecasting a 10% week-on-week uplift in sales of crisps and soft drinks, and a 30% increase for ice cream.

Asda, the No. 3 grocer, has forecast a sales jump of 25% year-on-year for bacon and burgers on Saturday as fans stock up before Sunday's final. It expects a 5% rise in alcohol sales.

No. 4 Aldi expects to sell over 250,000 cans of beer this weekend and more than a million packets of crisps.

Nathan Ansell, customer director, at upmarket supermarket Waitrose, said its stores had also stocked up on bacon, sausages, eggs and champagne and forecast high demand for grocery deliveries from Deliveroo and Uber Eats on Sunday.

The John Lewis department store chain reported sales of children’s football boots have more than doubled since last week, while sales of TVs have climbed by 25% on last year.

Sportswear retailers JD Sports Fashion and Frasers have also reported strong demand for Lionesses jerseys. ($1 = 0.7863 pounds) (Reporting by James Davey; editing by Barbara Lewis)

More News
27 Mar 2024 08:02

LONDON BRIEFING: Diploma makes buy; Astra wins Japan drug approvals

(Alliance News) - Stocks in London opened in a muted fashion on Wednesday, with some unease lingering in equity markets ahead of a US inflation reading later in the week.

Read more
26 Mar 2024 08:41

TOP NEWS: Grocery inflation hits 2-year low while sales get Easter boost

(Alliance News) - Grocery price inflation eased further in March, while early Easter treats gave sales a boost, new data showed on Tuesday.

Read more
26 Mar 2024 08:00

British grocery price inflation slows to 4.5%, Kantar says

*
UK grocery inflation at lowest level since Feb. 2022 -Kantar

Read more
20 Mar 2024 09:38

Greggs stores forced to close as technical issue halts payments

(Alliance News) - Greggs PLC stores across the UK on Wednesday have been hit by technical issues preventing them from accepting payments, forcing some to close.

Read more
18 Mar 2024 06:59

PRESS: M&S and HSBC planning loyalty "superapp", seven-year deal — Sky

(Alliance News) - Marks & Spencer Group PLC and HSBC Holdings PLC are preparing plans to announce a new seven-year deal that includes the creation of a loyalty "superapp", Sky News reported Sunday.

Read more
16 Mar 2024 09:55

Sainsbury's "technical issues" affecting online grocery deliveries

(Alliance News) - J Sainsbury PLC has said it is experiencing "technical issues" at some stores meaning it will not be able to fulfil the "vast majority" of online grocery deliveries.

Read more
29 Feb 2024 16:48

Sainsbury's plans to axe around 1,500 jobs in cost-cutting effort

(Alliance News) - J Sainsbury PLC has said it will cut around 1,500 roles as part of plans that it hopes will cut costs by around GBP1 billion a year.

Read more
29 Feb 2024 15:37

Sainsbury's to axe 1,500 jobs in cost-cutting drive

(Sharecast News) - Supermarket chain Sainsbury's said on Thursday that it's planning to cut around 1,500 jobs, as it looks to reduce costs and focus on food.

Read more
27 Feb 2024 11:53

LONDON MARKET MIDDAY: FTSE 100 falters; eyes on US data

(Alliance News) - Stock prices in London were lower at midday Tuesday, ahead of slew of US data which could help determine the course of interest rates.

Read more
27 Feb 2024 08:32

TOP NEWS: UK grocery price inflation decelerates amid Valentine's Day

(Alliance News) - Grocery price inflation dropped to two-year low in the UK, as shoppers prioritised savings on Valentine's Day, new data on Tuesday showed.

Read more
9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

Read more
9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

Read more
9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

Read more
7 Feb 2024 16:53

LONDON MARKET CLOSE: European equities slip but US stocks press on

(Alliance News) - The FTSE 100 underperformed on Wednesday, although equities in New York pushed higher despite lingering US interest rate worries.

Read more
7 Feb 2024 15:00

London close: Stocks slip as Barratt, Redrow announce merger

(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account