Edition:
United Kingdom

Sainsbury's CEO says committed to business


Wednesday, 1 May 2019 

May 1 (Reuters) - Sainsbury's ::CEO SAYS IT WAS CLEAR IN FEBRUARY CMA WOULD BLOCK ASDA <<>> DEAL.CEO SAYS AREA WHERE NEED TO DO BETTER ON PRICING IS CORE COMMODITY PRODUCTS.CFO SAYS WILL SPEND 550 MILLION STG IN 2019-20, SKEWED TO STORE ESTATE AND DIGITAL.CEO SAYS BOARD FULLY SUPPORTIVE OF MANAGEMENT TEAM.CEO SAYS COMMITTED TO BUSINESS, WOULD BE FOOLISH TO PUT A TIME PERIOD ON TENURE.