J Sainsbury is to extend its stores to provide extra space for the introduction of non-food areas.
It also plans to renovate its 413-strong estate which it admits is old, out of date and compromised.
The extensions and renovations will take about five years at a rate of 50-70 annually. It intends to slow down new openings. Any new outlets will mostly be on high streets rather than out of town.
Financial Times 03/06/99 page 1, page 18 (Lex), page 21
The Guardian 03/06/99 page 7, page 26 page 27 (Financial notebook)
The Daily Telegraph 03/06/99 page 4, page 31, page 33 (City Comment)
The Times 03/06/99 page 9, page 29, page 30 (Tempus), page 31 (City Diary)
The Independent 03/06/99 page 4, page 18, page 5 (Thursday Review)
