SAINSBURY PLANS TO BOOST STAKE IN GIANT

LONDON (FNS) -- J. Sainsbury, the United Kingdom's leading supermarket operator, is planning to increase its stake in Giant Food, Landover, Md., and is also making plans to accelerate the chain's expansion.Those objectives were disclosed in statements made here by David Sainsbury, chairman, and by other Sainsbury executives.As reported, Sainsbury last month agreed to acquire 50% of the voting common

LONDON (FNS) -- J. Sainsbury, the United Kingdom's leading supermarket operator, is planning to increase its stake in Giant Food, Landover, Md., and is also making plans to accelerate the chain's expansion.

Those objectives were disclosed in statements made here by David Sainsbury, chairman, and by other Sainsbury executives.

As reported, Sainsbury last month agreed to acquire 50% of the voting common stock and 16% of the nonvoting equity in the 159-store Giant chain. Sainsbur

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