Sainsbury’s plans to spend £50M to cut prices as discounters gain market share in 2022

Sainsbury’s plans to spend £50 million to cut prices of its own brand products over the next year.

Sainsbury’s is investing a further £50m into lowering prices over the next four months, as shoppers continue to turn to discount supermarkets amid the cost of living crisis. Over £15m has been specifically allocated towards maintaining low prices on festive food, with the supermarket holding the price of its Christmas dinner at the same level […]