Summary
The growing battle for the convenience store shopper stepped up a gear yesterday as Sainsbury's said its Local outlets are now earning more than GBP1 billion a year.
Unveiling a 36 per cent rise in group pre-tax profits to GBP466 million, chief executive Justin King said the trading momentum of both the main stores and Sainsbury Local outlets gave the group confidence to ramp up its opening plans.See the full content of this document
Extract
Sainsbury's Building On Its Local Connections
He said the group was on target to open 1.5 million sq ft of new stores and exte...
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