LONDON (FNS) -- J. Sainsbury, the United Kingdom's leading supermarket operator, is planning to increase its stake in Giant Food, Landover, Md., and is also making plans to accelerate the chain's expansion. Those objectives were disclosed in statements made here by David Sainsbury, chairman, and by other Sainsbury executives. As reported, Sainsbury last month agreed to acquire 50% of the voting common stock and 16% of the nonvoting equity in the 159-store Giant chain. Sainsbury is ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.