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The agreed price was £123 million, and Savacentre became a wholly owned subsidiary of J Sainsbury plc. The move was not altogether surprising as food made up around 75 per cent of the company’s turnover.
Sainsbury’s has begun phasing out its troublesome Savacentre brand by converting the hypermarket sites to standard Sainsbury’s supermarkets and selling off excess space to other retailers.
Jul 12, 2024 · The Boots chemists and pharmacy is due to leave the huge Savacentre shopping area in Calcot to be replaced by a food retailer, a plan has revealed.
Sainsbury's return to the Savacentre concept. The multiple has invested £13m in developing its first Savacentre in nine years, and the new store in Northfield, Birmingham, has the potential to become Sainsbury's 13th highest turnover generator.
The History of Savacentre. Listen to Archivist, Allison Foster, give a talk about Sainsbury's answer to the hypermarket.
May 17, 2019 · Published 17th May 2019, 11:00 BST. The image of SavaCentre which attracted so much interest. An impressive 32,000 Wearside Echoes followers get our thanks for their amazing response to an...
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Is SavaCentre owned by Sainsbury's & BHS?
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Will Sainsbury's new SavaCentre be the 13th highest turnover generator?
Due to having two major shops (not just Sainsbury's) this branch is often still known as the London Savacentre. The store was refurbished in 2019. As well as Sainsbury's and M&S, it hosts an Argos store (from 2018) and a Sainsbury's Fresh Kitchen (until 2022). [3]
