Sainsbury’s reports 76.6% surge in after-tax profit in FY24/25
Cost-saving initiatives resulted in £350m in savings for the fiscal year 2024/25.
Supermarkets
Albertsons sees 2.3% identical sales gain lift Q4 2024 revenue
Woolworths and Google Cloud link to deepen data and automation focus
ACCC clears Woolworths to acquire Beak & Johnston
Korzinka secures $110m investment for retail expansion in Uzbekistan
Asda tests live facial recognition to tackle rising retail crime
Asda boosts employee wages with £80m investment in retail pay
Morrisons reports growth in Q1 2024/25 with sales up 2.4%
