Sainsbury’s has six more sites earmarked for joint venture Homebase stores with Mayer International.
The second joint venture store opened in Greenwich, south-east London, last week. Analysts claim there could be 100 eventually.
Meyer is to close 10 of its own Jewson and Graham building materials branches.
Financial Times 25/11/99 page 6
The Guardian 25/11/99 page 28
The Daily Telegraph 25/11/99 page 39, page 41 (City Diary)
The Times 25/11/99 page 36 (Tempus), page 39
The Independent 25/11/99 page 23