<p>塞恩斯伯裏公司將銷售下滑歸咎於預算案，稱拉切爾·裏夫斯的税收政策在聖誕節前打擊了消費者信心。</p>
<p>這家超市表示，在節日期間，購買傢俱等昂貴商品的人數減少，顧客在 11 月份 “縮減” 了開支。</p>
<p>塞恩斯伯裏首席執行官西蒙·羅伯茨表示：“顯然，特別是在接近預算案時，消費者的謹慎情緒有所增加。”</p>
<p>他説，聖誕節期間阿戈斯的需求 “低迷”，導致該品牌在截至 1 月 3 日的六週內銷售下降了 2.2%。</p>
<p>羅伯茨先生表示：“更廣泛地説，顧客繼續非常仔細地審視他們的開支。”</p>
<p>財政大臣在聖誕節前通過加劇税收增加的猜測，令購物者感到不安。她在 11 月初表示，所有人都 “必須貢獻” 以幫助英國處於更強的位置。</p>
<p>這些評論被視為裏夫斯女士準備提高所得税的強烈跡象——這一計劃後來因威斯敏斯特的強烈反對而被放棄。</p>
<p>然而，老闆們表示，這已經在聖誕節前影響了消費的疲軟。</p>
<p>裏夫斯女士在預算案中決定凍結所得税起徵點，預計也會削弱人們在非必需品上的消費慾望。</p>
<p>羅伯茨先生表示：“在這種情況下，我們必須確保提供最佳價值，以便在今年的進程中取得進展。”</p>
<p>關於阿戈斯面臨壓力的警告引發了塞恩斯伯裏股票的拋售，使其成為週五 FTSE 100 中跌幅最大的股票。塞恩斯伯裏股票下跌了 5.3%，市值蒸發約 4 億英鎊。</p>
<p>羅伯茨先生表示，阿戈斯的業績疲軟還受到中國賣家 Temu 和 Shein 競爭加劇的影響。他表示，這種競爭影響了阿戈斯網站的訪客數量。</p>
<p>羅伯茨先生補充説，政府即將對中國在線巨頭使用的税收漏洞進行打擊——在最近的預算案中披露——應該 “儘快” 實施。</p>
<p>財政大臣表示，計劃在 2029 年前改變最低免税規則，即價值低於 135 英鎊的產品免徵英國進口關税。</p>
<p>裏夫斯女士表示，這是為了 “捍衞英國高街” 的一部分努力，因為她希望防止海外零售商因漏洞而削弱英國公司的競爭力。</p>
<p>羅伯茨先生表示：“我相信他們會努力做到這一點，因為在這個市場上實現公平競爭環境非常重要。”</p>
<p>阿戈斯面臨的壓力將引發新的猜測，認為塞恩斯伯裏可能會尋求出售該品牌，而該品牌近年來一直拖累業績。</p>
<p>在聖誕期間，塞恩斯伯裏表示，其食品業務贏得了更多顧客，銷售在截至 2026 年 1 月 3 日的六週內增長了 5.1%。</p>
<p>塞恩斯伯裏最近一直在推行 “食品優先” 戰略，已在門店中為新鮮農產品分配了更多空間。</p>
<p>《每日電訊報》去年夏天披露，塞恩斯伯裏與京東就阿戈斯的潛在交易進行了談判，儘管提議的出售後來破裂。</p>
<p>然而，羅伯茨先生此後引發了關於塞恩斯伯裏仍可能出售該業務的猜測，最近表示與京東的談判使其意識到 “阿戈斯是可以分開的”。</p>
<p>在 11 月份與分析師的交談中，羅伯茨先生表示：“這並不是一個完全簡單的事情，但我們已經找到了一個解決方案。”</p>

<p>Sainsbury’s 報告稱 Argos 銷售額下降了 2.2%，將這一下滑歸因於 Rachel Reeves 的預算，這對聖誕節前的消費者信心產生了負面影響。首席執行官 Simon Roberts 指出，顧客在消費上持謹慎態度，尤其是在非必需品上。該公告導致 Sainsbury’s 股價下跌 5.3%，市值損失約 4 億英鎊。來自中國零售商的競爭加劇以及政府可能打擊税收漏洞的潛在風險也被指出是影響 Argos 的因素。由於 Argos 持續的業績問題，市場上出現了 Sainsbury’s 可能出售 Argos 的猜測</p>

<p>Sainsbury’s has blamed the Budget for driving a drop in sales at Argos as Rachel Reeves’s tax raid hammered consumer confidence in the run-up to Christmas.</p>
<div class="lb-trans"><p>塞恩斯伯裏公司將銷售下滑歸咎於預算案，稱拉切爾·裏夫斯的税收政策在聖誕節前打擊了消費者信心。</p>
</div><p>The supermarket said fewer people bought expensive items such as furniture during the festive period, with customers having “pulled back” on spending in November.</p>
<div class="lb-trans"><p>這家超市表示，在節日期間，購買傢俱等昂貴商品的人數減少，顧客在 11 月份 “縮減” 了開支。</p>
</div><p>Simon Roberts, the chief executive of Sainsbury’s, said: “Obviously there was some caution, particularly as we came towards the Budget.”</p>
<div class="lb-trans"><p>塞恩斯伯裏首席執行官西蒙·羅伯茨表示：“顯然，特別是在接近預算案時，消費者的謹慎情緒有所增加。”</p>
</div><p>He said demand at Argos over Christmas had then been “subdued”, which led to the brand posting a 2.2pc decline in sales in the six weeks to Jan 3.</p>
<div class="lb-trans"><p>他説，聖誕節期間阿戈斯的需求 “低迷”，導致該品牌在截至 1 月 3 日的六週內銷售下降了 2.2%。</p>
</div><p>Mr Roberts said: “More broadly, customers continue to look very closely at what they’re spending.”</p>
<div class="lb-trans"><p>羅伯茨先生表示：“更廣泛地説，顧客繼續非常仔細地審視他們的開支。”</p>
</div><p>The Chancellor rattled shoppers before Christmas by fuelling speculation over tax increases. She said in early November that everyone would “have to contribute” to help put Britain in a stronger position.</p>
<div class="lb-trans"><p>財政大臣在聖誕節前通過加劇税收增加的猜測，令購物者感到不安。她在 11 月初表示，所有人都 “必須貢獻” 以幫助英國處於更強的位置。</p>
</div><p>The comments were seen as a strong indication that Ms Reeves was preparing to increase income tax – a plan she later scrapped following a backlash in Westminster.</p>
<div class="lb-trans"><p>這些評論被視為裏夫斯女士準備提高所得税的強烈跡象——這一計劃後來因威斯敏斯特的強烈反對而被放棄。</p>
</div><p>However, bosses said this had already filtered into weaker spending before Christmas.</p>
<div class="lb-trans"><p>然而，老闆們表示，這已經在聖誕節前影響了消費的疲軟。</p>
</div><p>Ms Reeves’s decision to freeze income tax thresholds in the Budget is also expected to have hurt people’s appetite to spend on non-essential items.</p>
<div class="lb-trans"><p>裏夫斯女士在預算案中決定凍結所得税起徵點，預計也會削弱人們在非必需品上的消費慾望。</p>
</div><p>Mr Roberts said: “We’ve got to make sure we present the best value in that context as we progress through this year.”</p>
<div class="lb-trans"><p>羅伯茨先生表示：“在這種情況下，我們必須確保提供最佳價值，以便在今年的進程中取得進展。”</p>
</div><p>The warning over pressure on Argos prompted a sell-off in Sainsbury’s shares, making it the biggest faller in the FTSE 100 on Friday. Shares in Sainsbury’s were down 5.3pc, wiping around £400m from its market capitalisation.</p>
<div class="lb-trans"><p>關於阿戈斯面臨壓力的警告引發了塞恩斯伯裏股票的拋售，使其成為週五 FTSE 100 中跌幅最大的股票。塞恩斯伯裏股票下跌了 5.3%，市值蒸發約 4 億英鎊。</p>
</div><p>Mr Roberts said the weaker performance at Argos was also driven by more competition from Chinese sellers Temu and Shein. That competition hit visitor numbers to the Argos website, he said.</p>
<div class="lb-trans"><p>羅伯茨先生表示，阿戈斯的業績疲軟還受到中國賣家 Temu 和 Shein 競爭加劇的影響。他表示，這種競爭影響了阿戈斯網站的訪客數量。</p>
</div><p>Mr Roberts added that an upcoming government crackdown on a tax loophole used by the Chinese online giants – unveiled at the most recent Budget – should happen “as soon as possible”.</p>
<div class="lb-trans"><p>羅伯茨先生補充説，政府即將對中國在線巨頭使用的税收漏洞進行打擊——在最近的預算案中披露——應該 “儘快” 實施。</p>
</div><p>The Chancellor has said the plan is to change the de minimis rule, whereby products worth less than £135 are exempt from UK import duties, by 2029.</p>
<div class="lb-trans"><p>財政大臣表示，計劃在 2029 年前改變最低免税規則，即價值低於 135 英鎊的產品免徵英國進口關税。</p>
</div><p>Ms Reeves has said this is part of a drive to “stand up for the British high street” as she seeks to prevent overseas retailers from undercutting UK companies because of the loopholes.</p>
<div class="lb-trans"><p>裏夫斯女士表示，這是為了 “捍衞英國高街” 的一部分努力，因為她希望防止海外零售商因漏洞而削弱英國公司的競爭力。</p>
</div><p>Mr Roberts said: “I’m sure that they’ll be working hard to do that because a level playing field in this market is really important.”</p>
<div class="lb-trans"><p>羅伯茨先生表示：“我相信他們會努力做到這一點，因為在這個市場上實現公平競爭環境非常重要。”</p>
</div><p>The growing pressure at Argos will prompt fresh speculation that Sainsbury’s will be seeking to offload the brand, which has proven to be a drag on performance in recent years.</p>
<div class="lb-trans"><p>阿戈斯面臨的壓力將引發新的猜測，認為塞恩斯伯裏可能會尋求出售該品牌，而該品牌近年來一直拖累業績。</p>
</div><p>In the Christmas period, Sainsbury’s said it had won more customers in its grocery business with sales up 5.1pc in the six weeks to Jan 3, 2026.</p>
<div class="lb-trans"><p>在聖誕期間，塞恩斯伯裏表示，其食品業務贏得了更多顧客，銷售在截至 2026 年 1 月 3 日的六週內增長了 5.1%。</p>
</div><p>Sainsbury’s has recently been pursuing a “food first” strategy, where it has allocated more space in stores to fresh produce.</p>
<div class="lb-trans"><p>塞恩斯伯裏最近一直在推行 “食品優先” 戰略，已在門店中為新鮮農產品分配了更多空間。</p>
</div><p>The Telegraph revealed last summer that Sainsbury’s was in talks with JD.com about a potential deal for Argos, although the proposed sale later collapsed.</p>
<div class="lb-trans"><p>《每日電訊報》去年夏天披露，塞恩斯伯裏與京東就阿戈斯的潛在交易進行了談判，儘管提議的出售後來破裂。</p>
</div><p>However, Mr Roberts has since fuelled speculation that Sainsbury’s could still sell the business, saying recently that the process with JD.com helped it to realise that “Argos is separable”.</p>
<div class="lb-trans"><p>然而，羅伯茨先生此後引發了關於塞恩斯伯裏仍可能出售該業務的猜測，最近表示與京東的談判使其意識到 “阿戈斯是可以分開的”。</p>
</div><p>Speaking to analysts in November, Mr Roberts said: “It’s not something that’s wholly straightforward immediately, but it’s something that we identified a route through.”</p>
<div class="lb-trans"><p>在 11 月份與分析師的交談中，羅伯茨先生表示：“這並不是一個完全簡單的事情，但我們已經找到了一個解決方案。”</p>
</div>

Sainsbury's 將 Argos 業績下滑歸咎於 Reeves 的預算