2015 looks like the year that reality catches up with Sainsburys (LSE: SBRY), as its profits are set to follow the same path downwards that weve already seen at rivals Tesco and Morrisons. However the company is arguably better placed to staunch the damage, and new CEO Mike Coupe is enacting a plan to keep the company competitive.
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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
