UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news

MetiNews.Com - At last, some bad news for the German supermarket discounters. Aldi and Lidl have been getting a pasting in the grocery wars over the coronavirus crisis months, to the advantage of our home-grown supermarkets. Most notable beneficiary? Turns out to be Sainsburys.

UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news

MetiNews.Com - At last, some bad news for the German supermarket discounters. Aldi and Lidl have been getting a pasting in the grocery wars over the coronavirus crisis months, to the advantage of our home-grown supermarkets. Most notable beneficiary? Turns out to be Sainsburys.

UK news  Sainsbury's new boss can turn the dividend tap back on as sales leap last news
01 July 2020 - 09:40

Breaking News ! At last, some bad news for the German supermarket discounters. Aldi and Lidl have been getting a pasting in the grocery wars over the coronavirus crisis months, to the advantage of our home-grown supermarkets. Most notable beneficiary? Turns out to be Sainsburys. The discounters have suffered for two reasons: firstly, they can’t do online because it’s too expensive for their cut-price model.

. That has meant a preference for doing all our shopping at a one-stop bog roll-to-barbecues shop like Sainsbury’s rather than topping up by hunting for bargains at Lidl. Sainsbury’s online home delivery orders have pretty much doubled over the past quarter in number, with people buying more in each transaction. That makes for great revenue numbers, but the impact on profit margins waits to be seen.

Source = MetiNews.Com

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UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news


UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news


UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news


UK news Sainsbury's new boss can turn the dividend tap back on as sales leap last news

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