SAINSBURY (J) PLC
1 October 1999
Sainsbury's Supermarkets Limited announces an enhanced price guarantee
on 1500 key lines
Sainsbury's Supermarkets Limited, J Sainsbury plc's UK food retailing
business, today announces that it will guarantee customers the lowest prices
on 1500 everyday items including 100 top brands, at a net cost of £20 million
in the current year, after supplier support.
This initiative, supported by a personal letter from Dino Adriano, Group Chief
Executive, to every customer entering Sainsbury's stores during the next week,
highlights Sainsbury's commitment to offering customers value reassurance
while refusing to compromise on food quality to help cut prices.
Dino Adriano comments, 'It is getting harder for shoppers to know what to
believe about supermarket prices. At Sainsbury's we made a promise to our
customers years ago: to provide the highest quality food at the most
competitive prices. That promise remains true today.'
Contact: Investor Relations: Miranda Pode - 0171 695 6215
Press Office: Pip Wood - 0171 695 6127
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.