Sainsbury's invests heavily, opens new UK stores

Sainsbury's is making its largest store investment in over a decade, opening 15 new supermarkets and 25 Local stores. This expansion is part of the company's "Next Level Sainsbury's" strategy. The investment will add 400,000 square feet to Sainsbury's portfolio, with some stores acquired from other retailers. One new store features a food-on-the-go area and a "power aisle" with Nectar promotions. The expansion follows Sainsbury's recent banking services takeover by NatWest. The company currently operates over 600 supermarkets and 800 convenience stores across the UK.