Sainsbury's yesterday proved its dedication to becoming a major US player with a £295 million deal to buy the fifth-largest supermarkets chain in New England. The company, which has pledged to have annual US sales of £6 billion within seven years, is buying loss-making supermarket group, Star Markets, which operates 53 stores mainly in the Boston area.
Sainsbury's expands US business with £295m chain
Sainsbury's yesterday proved its dedication to becoming a major US player with a £295 million deal to buy the fifth-largest supermarkets…
From maternity leave to remote working: Submit your work-related questions here
Listen to Inside Business podcast for a look at business and economics from an Irish perspective
Sign up to the Business Today newsletter for the latest new and commentary in your inbox
Palestine protester charged with trespass after disrupting Google event in Dublin
Government may reconsider refusal to take part in €150bn EU security fund, says Minister
Nasdaq leads losses in New York as tech rally loses steam
EU’s anti-fraud agency set to investigate Peter Mandelson
Seán Rooney inquest: Media asked to leave hearing due to ‘sensitive’ information
Business Today
Get the latest business news and commentary from our expert business team in your inbox every weekday morning