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Sainsbury plans to close 20 former Texas stores

Sainsbury is planning to close up to 20 more former Texas stores.

But a store opening and expansion programme will see Sainsbury’s create 6,500 new jobs next year. The supermarket group reported a rise in pre-tax profits, in the six months to September 21, to £411m from £393m last time. Sales were up 4.2% on last year.

  • Financial Times 30/10/97 page 17, page 16 (Lex)
  • The Times 30/10/97 page 25
  • The Independent 30/10/97 page 23, page 24 (Investment Column)
  • The Daily Telegraph 30/10/97 page 35, page 36 (Questor)
  • The Guardian 30/10/97 page 23

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