{"id":283988,"date":"2025-04-17T07:19:56","date_gmt":"2025-04-17T07:19:56","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/17\/sainsburys-profit-set-to-dip-as-price-war-looms\/"},"modified":"2025-04-17T07:19:56","modified_gmt":"2025-04-17T07:19:56","slug":"sainsburys-profit-set-to-dip-as-price-war-looms","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/17\/sainsburys-profit-set-to-dip-as-price-war-looms\/","title":{"rendered":"Sainsbury&#8217;s profit set to dip as price war looms"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/4047\/live\/cb7f4400-1b59-11f0-8f7b-f14ee83762cb.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Sainsbury&#8217;s profit set to dip as price war looms\" title=\"Sainsbury&#8217;s profit set to dip as price war looms\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">Sainsbury&#8217;s has forecast that shop profits will flatline or fall in the coming year as the supermarket sector gears up for a price war.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The retailer said it expects income to dip to \u00a31bn as it continues to invest in lowering grocery prices.  <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Last week, <a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/clyqqpe7211o\" class=\"sc-f9178328-0 bGFWdi\" rel=\"noopener\">Tesco admitted that it could take a significant hit<\/a> if it is forced to cut prices after Asda &#8211; now under the leadership of industry veteran Allen Leighton &#8211; announced it would <a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c20ljpj87pdo\" class=\"sc-f9178328-0 bGFWdi\" rel=\"noopener\">reduce grocery costs to boost the struggling store<\/a>.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">A race to lower prices could help households who are still struggling with the cost of living at a time when<a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cvg18pvz7kko\" class=\"sc-f9178328-0 bGFWdi\" rel=\"noopener\"> bills, such as energy and water, are increasing<\/a>.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c78j4g2ve2vo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sainsbury&#8217;s has forecast that shop profits will flatline or fall in the coming year as the supermarket sector gears up for a price war. The retailer said it expects income to dip to \u00a31bn as it continues to invest in lowering grocery prices. Last week, Tesco admitted that it could take a significant hit if [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":283989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/4047\/live\/cb7f4400-1b59-11f0-8f7b-f14ee83762cb.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[11395,3638,1718,498,1981,320,3102],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283988"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=283988"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283988\/revisions"}],"predecessor-version":[{"id":283990,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283988\/revisions\/283990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/283989"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=283988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=283988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=283988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}