Australia's Super Retail jumps on planned store expansion
BUZZ-Australia's Super Retail jumps on planned store expansion ** Shares of Super Retail Group SUL.AX rise as much as 2.9% to A$12.62, their highest level since April 21
** Co sets five-year strategy, plans to increase store portfolio from 790 to over 900 by 2031
** With transformation program, co expects to generate cost savings of A$75 million per annum by FY29
** YTD, shares down 22.5%
(Reporting by Nichiket Sunil in Bengaluru)
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