Around the world, grocers are exploring buy now, pay later (BNPL) capabilities to offer installment options to consumers struggling with inflation. In the United Kingdom, for instance, BNPL is getting one step closer to making its way into grocery stores. Klarna announced Friday (June 7)...
Sainsbury’s is now offering shoppers in the United Kingdom the option of using Klarna’s buy now, pay later (BNPL) payment methods at the online checkouts of its brands Argos, Habitat and TU. With the new partnership between the two companies, shoppers will have access to...
British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain said in a statement Thursday (Jan. 16), which noted Sainsbury’s is weighing several options on how to proceed with its exit from...
British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and collect” — in the U.K. remains stagnant year over year. In fact, according to data from the U.K. edition of the “Global Digital Shopping...
May 29, 2023
British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and collect” — in the U.K. remains stagnant year over year. In fact, according to data from the U.K. edition of the “Global Digital Shopping Playbook” report, 86% of British consumers opted to have their […]
June 20, 2024
NatWest Group, one of the largest banks in the U.K., has announced its acquisition of the banking business of Sainsbury’s, the second-largest grocer in the country. The deal, worth £2.5 billion ($3.2 billion), will increase NatWest’s assets and customer accounts, aligning with the bank’s strategy to expand its retail banking operations. This move follows a […]
June 07, 2024
Sainsbury’s is now offering shoppers in the United Kingdom the option of using Klarna’s buy now, pay later (BNPL) payment methods at the online checkouts of its brands Argos, Habitat...
January 18, 2024
British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain said in a statement Thursday (Jan. 16),...
January 27, 2023
In a major U.K. retail deal, Bestway has taken a 3.45% stake in Sainsbury’s. The deal, the details of which were reported in a filing to the London Stock Exchange...
