Strong Volume Growth
Sainsbury's achieved consistent volume growth and market share gains, marking their highest H1 market share in 5 years.
Investment in Value and Quality
Extended Aldi Price Match to more essentials and introduced personalized 'Your Nectar Prices,' leading to improved value perception year-on-year.
Taste the Difference Sales Growth
Achieved 18% growth in Taste the Difference fresh sales over the first half, with premium dining sales growing 40% since the launch of Taste the Difference discovery.
Argos Performance
Argos delivered a good seasonal performance, grew market share, and improved profitability, with sales up 2.3%.
Financial Services Strategy Success
Completed sales and agreements for financial services, with net proceeds expected to be more than GBP 400 million, significantly higher than original guidance.
Retail Media and Loyalty Program Growth
Nectar360 Pollen platform launched, enhancing retail media capabilities and contributing to strong returns from Nectar loyalty scheme.
Cost Savings and Shareholder Returns
Delivered GBP 349 million of cost savings last year and on track for GBP 1 billion over 3 years, with over GBP 800 million expected to be returned to shareholders this year.