Sainsbury's heads back to basics
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Supermarket giant Sainsbury's confirms it is to create 3,000 shopfloor jobs as chief executive Justin King unveils his strategy to revive the business.
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J Sainsbury today revealed it would this year suffer a Â£550m hit in profits, but said it would also recruit 3,000 shop floor staff in an effort to revive sales.
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The discount retailer readies its back-to-school quarterly report.
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Sebastien Sainsbury is back in the running to take over Leeds just over a fortnight after being told by chairman Gerald Krasner his bid was dead in the water.
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Sainsbury's is set to create 3,000 jobs as it looks to improve services at its stores, newspapers report.
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Troubled grocery chain J Sainsbury PLC, Britain's third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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Marks &amp; Spencer has announced a shake-out of top management after revealing a deterioration in trading conditions but it has not issued a profit warning the market had feared.
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Can the U.S. healthy-eating supermarket giant conquer Britain? Only if it can help transform the British palate
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National Foods is using a strategy of new product releases to reinvigorate a stagnating dairy sector. Picture:Michele Mossop. National Foods, fresh from posting a 14 per cent rise in profit
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J Sainsbury Plc , Britain&#39;s  third-biggest supermarket group, confirmed it had received a  preliminary bid approach from Qatari investment group Delta  Two.
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Leading supermarket chain lays out road map for the future.
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King-size candy bars that have helped fuel Britain&#39;s expanding appetite and waistline will be phased out by some food companies, in compliance with an official campaign against obesity.
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The company needs to focus on its core brand rather than launching new products.
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LONDON -- Troubled grocery chain J Sainsbury PLC, Britain&#39;s third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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Sun Microsystems (Quote, Chart) is going back to its roots with fresh eyes as a key supplier in the telecommunications marketplace.
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Sainsbury's is to sell more than 500 of its own-brand goods in compostable packs instead of plastic packaging.
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J Sainsbury Plc Chief Executive Justin King will cut one quarter of the company&#39;s headquarters workforce and halve the dividend as he seeks to revive profit and regain customers lost to Tesco Plc and Wal-Mart Stores Inc.