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Sainsbury's Staff Fresh as new paintings Reports - AGIVI, pension fund How would you spend £100,000? , i SEPTEMBER ISSU 1994 J ff^ 1 J SAINSBURY Savacentre IMMIIEISiXSIE SA/-3£:iV4-e/^ FRONTLINE Constructive starts Food shelf to book We don't expect you to go quite to the lengths the creators of our cover picture went to but we are shelf in two days looking for inventive shots. Yes, it's photo competition time of the year again. This year's competition will be judged by Jo Laycock, picture editor of the TV Times. We hope she'll be saying she never knew there was so much talent In Sainsbury's staff. See pages 26/27. The times they are a-changlng. The company's restructuring process, known as Genesis, is the THIS ISSUE COVERS AUGUST AND SEPTEMBER driving force behind many changes across the divisions. We ask joint managing director David CONTENTS Quarmby for the Genesis story...from the beginning. Page 4. HEADLINES Other important Issues concerning our WRITELINES business today can be found on pages 8/9 In our AGM REPORT report from the company's annual general meeting. H BRANCH OPENINGS: WOKING SUPERMARKET AND HOMEBASE 10/11 PENSION FUND REPORT 13 JUST THE JOB - THE PRODUCT TECHNOLOGIST 14/15 THE LIFE OF A CHEQUE 16 GREEN SCENE 17 STAR CORNER 17 When Anneka Rice crashed into Terry Wogan's Radio HOW WOULD YOU SPEND 2 show to appeal for help in compiling a recipe book in £100,000? 18/19 48 hours, Sainsbury's rose to the challenge. CHECK THIS OUT 20-22 Celebrities and the general rounding up the items BRINGING ART TO LIFE public came up with the needed to test the recipes recipe suggestions on and soon notched up a IN SCHOOLS 23 Tuesday August 9 for the staggering £1,182 shop­ SSA OFFERS 24 book, '100 Recipes In No ping bill. Says Nine Elms' Construction is one of the three categories in the Time At All'. Within deputy manager Alastair LIFELINENEW LINESS -THE WILD 2S LIFE HOSPITAL 26 JS Journal Photographic Competition 1994. hours. Nine Elms store was Thomas, 'It was frantic. But none of the customers PEOPLE 27 Gold watches for silver service batted an eyelid as two ARCHIVES ladies dressed in Good Two hundred and fifty Housekeeping pinnies and staff have reached their wearing radio headsets ASSISTANT EDITOR 25 years' service mile­ rushed around the store ANDY SZEBENl stone in the last 12 filling five trolleys!' months and 60 of them A JS delivery vehicle came to Stamford House from Charlton depot was on July 4 to be congra­ then filmed by the BBC tulated by the chairman dropping off the products David Sainsbury. This at the Good Housekeep­ was the second of the four ing Institute in London's presentations made this EDITED BY Soho. The next day. Nine YVONNE BURKE year. The chairman Elms was called upon DESIGN personally congratulated HELEN JONES again to put together the each person and presented ingredients for the launch PRINTING them with a gold watch to GREENSHIRES PRINT LTD lunch. Did Anneka make mark the occasion. New it and raise the badly '25 Club' members also needed funds for the JS JOURNAL receive 200 shares in the Breakthrough breast J SAINSBURY PLC company. STAMFORD HOUSE cancer charity? Watch STAMFORD STREET Patrick Coleman and Ray Wentzeli from LONDON SEl 9LL Basingstoke depot proudly show off their symbols Challenge Anneka in the TEL: 071-921 7033 of 25 years' service to Sainsbury's. autumn to find out! OASIS I.D.: 'JS. JOURNAL' HfTBBB First Cornish store launches school fleet Jack Garner. Fit to work at 81 Jack Garner of Purley Way Croydon celebrated his 81st birthday by appearing on News at Ten. The programme was reporting on the issue of ageism among employers, and featured Sainsbury's as an employer which values the contribution of older people. Viewers were informed that 60 of Jack's colleagues are over 50. Jack's comment was, 'If people are fit to work they should always be allowed to work.' Tesco takes the Low road to Scotland Tesco is set to buy the Scottish supermarket group William Low for £247m (360p per share). Tesco's first offer to purchase the 57 super­ markets, made on July 14, was worth £154m (225p per share). The Stock Market anticipated a better offer from a rival and the Wm Low share price rocketed 40% on the day to 253p, overtaking Tesco's July 28 Aug 3 bid. Then, on July 28, came Commenting on the price The bidding process Only 85 shopping an announcement that Tesco is paying for Wm doubled tlie value of Wm Sainsbury's would be Low, David Sainsbury said, Low sliares and boosted offering 305p per share. 'The original price Tesco Sainsbury's and, to a days to Christmas The offer, worth £210m, lesser extent, Tesco's offered for Wm Low made Christmas came early this year for the Royal Society was 36% higher than the price. it fairly cheap. At the price of Arts where Sainsbury's showed off their new Tesco bid. Chairman David Tesco will be paying now, Christmas lines to journalists. Sainsbury said, 'Our offer we believe it can't possibly provides a fair price to Wm make a decent return.' The 400 or so new or re­ launch for the first time Low's investors and, if Deputy chairman Tom packaged products on and their new lines accepted, will provide a Vyner adds, 'We will now display included Christ­ included Christmas party good return on investment continue our planned mas lines from bakery; wear, a range for 7-14 year to our shareholders.' Scottish development prog­ dairy; frozen foods; olds under the name of The Sainsbury offer ramme and already have beers, wines and spir­ 'The Excellent Clothing resulted in Tesco lodging several new sites in the its; cards, decorations Company' and a new their second bid, almost pipeline. We will also and many more. autumn/winter range for £100m higher than their continue to pursue expan­ The highlight of the whole family. first, on August 3. At that sion opportunities through the day was Josce- They also brought their point, Sainsbury's announ­ the rest of the supermarket line Dimbleby's own grotto complete with ced it would not increase business, through our Christmas Book. Father Christmas. Home- its own offer, which it subsidiary companies and Savacentre took base provided a Christmas considered 'full and fair'. overseas.' part in the Christmas tree and decorations. l!HTlinB GENESIS COMMENT We're going through changes Various projects under Genesis, Sainsbury's major Genesis is bringing about restructuring and business re-engineering changes in both the programme, liave come to fruition over ttie last six retail division and among montlis. Joint managing director David Quarmby central departments. toid t/ie Journal wliy Genesis is so important: 'Our market continues to £65m in a full year- a 'The main Genesis And there is a real change very quickly, witii substantial part of this programme is nearing awareness of the need to more intense and new comes from improved completion -just a few be totally responsive to competition. We needed to purchasing of services and projects remain to be our customers. This is restructure tlie organisation goods not for resale, and implemented. We must now how we will increase the to remove duplication, from reducing store grasp the opportunities of lead over our competitors. become more responsive to construction costs, as well the more streamlined 'Looking forward, we our customers and their as from job losses. organisation to move the must all recognise the needs, and to delegate 'Inevitably, getting the business on. Many people need for continuous decision-making nearer the detaris right for the new have more responsibility and Improvement in the way point of action. In the structures has taken time. clearer authority to act; I am we run our business, process, we are I recognise that this has led excited by the way so many serve our customers and substantially reducing our to periods of uncertainty, have already grasped this maintain the traditional costs and improving and the changes have been challenge, and developed a quality and standards of David Quaimby. efficiency. painful for a number of real sense of ownership of the JS offer.' 'We expect to save people. their team's performance. Courtney's cooks up new-look restaurant Sunday shopping Chilli may have been on the menu but there was no becomes law chilly welcome from Merton's new customer Purley Way hosted a jazz band at last year's restaurant. Courtney's was ANawnaBnall Sunday^hoppinSunday^hopi g Day. opened on July 22 by Capital Radio's Kara Noble. The restaurant, which will now be run as a 'i ^ concession, has undergone a complete restyle. For those outside London, Kara is Chris Tarrant's right-hand woman on the station's breakfast show. Kara Noble samples the fare cooked by Courtney's chef Andy Biaite. The Sunday Trading Bill shops enjoy unlimited been very strongly com­ received Royal Assent in opening hours. mitted to the voluntary July and came into force Commented retail nature of Sunday working on August 26. director Colin Harvey, and will continue to be The 1994 Sunday 'Over the last two and a so.' Trading Act replaces the half years, Sunday opening • Marks & Spencer and 1950 Shops Act and has played an increasingly the John Lewis Partner­ allows retail premises important role in maintain­ ship, members of the anti- over 3,000 sq ft to open ing our lead in the very Sunday trading group for six hours (this competitive market place Keep Sunday Special, restriction applies to today.
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