Sainsburg’s is celebrating its fourth quarter of operations, and it is using the money to expand its business beyond the United States, which is one of the fastest growing regions for the brand.
“Sainsburys’ core brand of high-quality, affordable and fresh food, combined with the growth of new markets, are creating a more diverse and dynamic brand for us to support in the coming years,” Sainsboroughs CEO Andrew Cairns said in a statement.
“We will continue to invest in our global operations and expand our distribution network, and we look forward to bringing our innovative and diverse products to consumers around the world,” Cairn said.
The news comes as Sainsham’s plans to increase its focus on its US footprint, and the company said it will invest $50m to create more restaurants and other businesses in the state, which it said would add about 5,000 jobs.
“This investment is an important milestone in our strategy to grow our business and our employees, as well as ensure our brand continues to meet the demands of our customers around the globe,” Samsons chief executive officer Paul Cairnan said in the statement.
The Sainsburgh’s SainsBurys are one of two American-owned brands to have received the investment, the other being McDonald’s.
The announcement comes amid a national debate over health care spending and what constitutes a health-care-worthy meal, which has sparked protests in Washington, D.C.
Last year, the US Department of Health and Human Services launched a review of the federal government’s definition of healthy eating, and Saks CEO John Shoup said the company was not on the fence about its decision to continue selling Sainsbuns.
Sainsburies, which opened in 1949 in New York City and now has locations in more than 50 countries, has expanded its footprint in the United Kingdom, including a move into the UK in the past year.
The brand also has a presence in the US, where it has a restaurant in Washington DC.