U.K.'S SUPERSTORE RULE SPARKS SMALLER FORMATS

LONDON (FNS) -- British food retailers are rushing to devise smaller store formats in the face of tighter government regulations on the opening of out-of-town superstores.The regulations, which began to bite about two years ago, have caused a sharp slowdown in the superstore development programs of the United Kingdom's leading food retailers Safeway U.K. and J. Sainsbury plc, both based in London;

LONDON (FNS) -- British food retailers are rushing to devise smaller store formats in the face of tighter government regulations on the opening of out-of-town superstores.

The regulations, which began to bite about two years ago, have caused a sharp slowdown in the superstore development programs of the United Kingdom's leading food retailers Safeway U.K. and J. Sainsbury plc, both based in London; Tesco in Cheshunt; and ASDA in Leeds. These companies saw their profits and sales boom

Register to view the full article

test - Advanced Registered User

Already a member? .