Sainsbury(J) PLC
02 June 2003
100 SAINSBURY'S STORES PLANNED TO OPEN ON SHELL FORECOURTS CREATING UP TO 2,000
NEW JOBS
Shell U.K. Limited (Shell) and Sainsbury's Supermarkets Limited (Sainsbury's)
have today announced plans to expand their joint fuel and convenience store
operation at 100 existing Shell locations across the UK, creating up to 2,000
jobs.
This decision follows a successful trial at six sites combining Shell's branded
forecourts and Sainsbury's Local store format. The emphasis of each site will be
on convenience, quality fuels and ease of shopping. The stores will provide a
range of ready meal solutions, quality fresh fruit, vegetables and prepared
salads, beers, wines and spirits, bakery, everyday non-food items and Shell's
car care and lubricant products.
Sir Peter Davis, Sainsbury's Chief Executive said: 'The Sainsbury's Local format
is a great success; measured by sales per sq ft, eleven of the top twenty
performing stores in the company are Locals and three of these are located on
Shell forecourts. We believe our convenience store offer is the best in the UK
and by working with Shell we can bring Sainsbury's quality convenience food
shopping into new areas of the UK and within easy reach of millions of new
customers.'
Adrian Loader, President Shell Europe Oil Products, said: 'This is a very
attractive offer for UK motorists and shoppers. The extensive range of products
in the Sainsbury's Local format together with our selection of quality fuels and
lubricants - including Shell Optimax, the best selling premium fuel in Britain -
makes for a winning combination.
'It is tremendous news that we are looking to expand our joint operations at 100
sites and this alliance fits in very well with our strategy of managing our
portfolios flexibly to deliver better value and more choice to our customers.'
-ends-
Contact:
Investor Relations J Sainsbury plc Lynda Ashton +44 (0) 20 7695 7162
Sainsbury's Press Office Gillian Moore +44 (0) 20 7695 7043
Shell International Media Relations Justin Everard +44 (0) 20 7934 3277
This information is provided by RNS
The company news service from the London Stock Exchange
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