Key Highlights
Our "Next Level Sainsbury's" strategy builds on the success of the Food First strategy we launched in November 2020. This put food back at the heart of Sainsbury's, reset our competitive position and has created a strong financial platform from which we will grow, invest in further strengthening the business and deliver enhanced returns to shareholders. Our "Next Level Sainsbury's" strategy will:
Deliver further grocery market volume share gains by bringing more of Sainsbury's food range to more customers, becoming the first choice for food for more people, continuing to attract more bigger basket primary shoppers
Continue to build a world-leading Nectar loyalty platform offering personalised, rewarding and integrated loyalty and market-leading retail media capabilities
Build on Argos's strengths in convenience and value, growing frequency and spend through improved range and relevance while also delivering further operating model efficiencies
Invest in our capabilities across technology and infrastructure and deliver another £1 billion of structural cost reduction, underpinning these objectives and driving growth and efficiencies
https://www.investegate.co.uk/announcem ... te/8025304
Also posted on Company News here; viewtopic.php?p=645235#p645235
I don't hold these, but I know some here do, so this may be of interest here.
Ian.