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Sainsbury's Can't Rule Out Job Losses Amid New Focus For Stores

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Feb 7, 2024 · Sainsbury's has refused to rule out job losses under a strategy update that aims to save £1bn over the next three years and focus more heavily on food.

sky.com

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What's new at Sainsbury's?

Other elements of the new strategy, dubbed "Next Level Sainsbury's", included further investment in new convenience stores, its Nectar loyalty scheme and bolstering customer satisfaction. Sainsbury's investment commitments include further cash for its Nectar loyalty scheme. Pic: PA ...

What is Sainsbury's and why is it significant?

Sainsbury’s is one of the pioneers of UK grocery retailing, founded in 1869 by John James Sainsbury and his wife Mary Ann. It was one of the earliest adopters of the self-service shopping model that revolutionised the way people purchased food. ...

Will Sainsbury's lose a job during the shakeup?

Sainsbury's also noted that no one would lose their job during the shakeup. As part of the restructuring, Sainsbury's will stitch together multiple different logistics contracts into just three, each dealing with a different type of product by 2024. These will be across transport, food and general merchandise, and clothing. ...

Does Sainsbury's have a new food range?

Sainsbury’s said expanded food ranges will be tailored to each store, but will include the rollout of more fresh food and ready-to-go meals, such as its Kitchen Deli offering, as well as charcuterie and cheeseboard. ...

Who founded Sainsbury's?

Sainsbury's was founded in 1869 by John James Sainsbury and his wife Mary Ann. Based in Holborn, London, the business operates around 1,500 stores across its supermarket format and Sainsbury’s Local convenience division. John James Sainsbury and his wife Mary Ann were among the earliest adopters of the self-service shopping model that would go on to revolutionise the way people purchased food. ...

Will Sainsbury's restructure its logistics operations?

Sainsbury’s has announced major plans to restructure its logistics operations in a move which will affect around 7,000 staff. The big four supermarket chain said the decision, which come as part of a £220million investment over the next three years, would provide “better service and availability for customers”. ...