J Sainsbury will close all its Homebase area offices in a bid to save £30m.
Homebase is the best-performing arm of the retail chain with profits up 20% to £76m. But cuts are needed after kitchen unit sales made a loss of £5m.
Financial Times 18/08/99 page 18 (Lex), page 19
The Times 18/08/99 page 25, page 27 (Commentary)
The Daily Telegraph 18/08/99 page 27
The Independent 18/08/99 page 14
The Guardian 18/08/99 page 22
