Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

Sainsbury's brings Aldi price match to convenience stores

Published 04/11/2024, 09:33
Updated 04/11/2024, 09:40
© Reuters.  Sainsbury's brings Aldi price match to convenience stores
UK100
-
SBRY
-

Proactive Investors - J Sainsbury PLC (LSE:SBRY) has announced a promotion in its smaller convenience stores that will see it match the prices of 200 of budget-rival Aldi's products.

The FTSE100 group has run Aldi price match campaigns in its mainstream supermarket but this is the first time it, or any other major supermarket, has extended it to convenience stores.

No details were given on the cost of the promotion which does not extend to Sainsbury’s nectar card and that still can only be used in supermarkets.

Consumer groups such as Which? have regularly complained that convenience stores are unnecessarily expensive compared to larger outlets with few cheaper own-label products available.

Sainsbury's (LON:SBRY) announces its half-year results later this week, which the City expects to reflect a growing share of the market but pressure from higher costs and lower shop inflation.

Shares rose 0.5% to 266.2p.

Read more on Proactive Investors UK

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.