J Sainsbury PLC (LSE:SBRY) launched a new three-year strategy focusing on improving its food volumes while managing costs effectively, while shareholder returns remains a key area. Under the new three-year plan, the UK’s second-largest supermarket is aiming to grow food volumes ahead of the market, improve customer satisfaction and implement £1 billion in cost savings. A strong balance sheet means Sainsbury’s will increase its reinvestment into the company, but also allows for greater shareholder returns. £ ...