(Bloomberg)—Tesco Plc and J Sainsbury Plc, the U.K.’s biggest grocers, are cutting thousands of management positions as intense competition and wage increases heap more pressure on Britain’s beleaguered retailers. Sainsbury, No. 4 in the Internet Retailer 2017 Europe 500, is cutting management roles across its convenience stores and supermarkets, the London-based retailer said in a statement Tuesday. […]
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