Sainsbury's teams with Netto for UK discount chain

If you can't beat 'em, join 'em: hit hard by competition from stores such as Aldi and Lidl, Sainsbury's is getting into the discount store business itself.

The company is teaming up with Danish chain Netto (the name means 'price' in Danish) to open 15 discount stores across Britain by the end of 2015. The first will open in the north of England by the end of this year.

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