date:Mar 21, 2019
commitments include delivering 1 billion (US$1.3 billion) of lower prices annually by the third year post-completion; to invest 300 million (US$396 million) in the first year of the combination and a further 700 million (US$925 million) over the following two years as the cost savings flow through. This would reduce prices by around 10 percent on everyday items, the supermarkets claim.
Sainsburys will also cap its fuel gross profit margin to no more than 3.5 pence per liter for five years whi