New Boss Orders a U-Turn at Sainsbury

Summary


TROUBLED supermarket giant Sainsbury's is going back to its roots selling groceries after a disastrous foray into toasters, tablecloths and other homeware.

The move will be at the heart of new chief executive Justin King's keenly awaited strategy announcement on October 19 following a review of the group, which has lost ground to rivals Tesco and Asda.

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Extract


New Boss Orders a U-Turn at Sainsbury

It comes just a year after the lavish launch of Sainsbury's homeware. The experiment flopped an...

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