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Sainsbury's aims £1bn cost savings, £200m share buyback, 75 new stores, and tech/automation investment under a new strategy focusing on food sales and profit growth.
Sainsbury's, the UK's second-largest supermarket chain, is targeting £1 billion in cost savings and a £200 million share buyback programme as part of a new strategy to focus on food sales.
The company plans to reduce costs over a three-year period, increase its retail operating profit, and open 75 additional convenience stores.
Sainsbury's will also expand its Nectar loyalty scheme and invest in technology and automation.
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Sainsbury's pretende ahorrar 1.000 millones de libras en costes, recomprar acciones por 200 millones de libras, 75 nuevas tiendas e inversión en tecnología/automatización bajo una nueva estrategia centrada en las ventas de alimentos y el crecimiento de los beneficios.