LONDON (FNS) -- J. Sainsbury plc announced a major management shakeup following the arrival of Sir Peter Davis as its group chief executive. The moves led some analysts to speculate even more radical changes could lie ahead, with perhaps the sale of Sainsbury's Homebase hardware chain in the U.K. or its Shaw's Supermarkets subsidiary in East Bridgewater, Mass. The group Friday removed David Bremner, managing director of its struggling U.K. supermarkets business, as well as Kevin McCarten, ...

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