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LONDON - J Sainsbury, Britain's second-largest grocer, is looking to cut 150 head office jobs, a spokeswoman told Reuters late Thursday, as it fights sluggish sales growth and slipping market share.
Areas where jobs are to be cut include the supply chain, buying, and central retail operations.
Sainsbury is undergoing a costly refurbishment plan to make up for years of underinvestment, but it continues to lose ground to market leader Tesco. It also has Wal-Mart-owned Asda to contend with.