Submitted by: Submitted by moneygraham
Views: 10
Words: 404
Pages: 2
Category: Business and Industry
Date Submitted: 09/26/2015 02:23 PM
Open main menu
Edit
Watch this page
Sainsbury's
This article is about the supermarket business. For other uses of the Sainsbury name, see Sainsbury (disambiguation).
J Sainsbury plc
Type
Public
Traded as LSE: SBRY
Industry Retailing
Founded 1869; 146 years ago
Holborn, London, United Kingdom
Headquarters 33 Holborn, London, EC1N 2HT, United Kingdom
Number of locations
1,312 (June 2015)
Key people
David Tyler
(Chairman)
Mike Coupe
(Chief Executive Officer)
Products Convenience/forecourt store, hypermarket/supercenter/superstore, supermarket
Revenue £23.949 billion (2014)[1]
Operating income
£1,009 million (2014)[1]
Net income
£798 million (2014)[1]
Owner Judith Portrait (3.92%)
Lord Sainsbury (4.99%)
Sainsbury family (15%)
Qatar Investment (25.999%)
Number of employees
161,000 (2014)[1]
Subsidiaries Sainsbury's Bank Plc
Sainsbury's Supermarkets Ltd.
Sainsbury's Convenience Stores Ltd.
Website Corporate Website
Consumer Website
Sainsbury's is the third largest chain of supermarkets in the United Kingdom[2] with a share of the UK supermarket sector of 16.9%.[3] Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company became the largest grocery retailer in 1922, was an early adopter of self-service retailing in the UK, and had its heyday during the 1980s. In 1995, Tesco overtook Sainsbury's to become the market leader, and Asda became the second largest in 2003, demoting Sainsbury's to third place for most of the subsequent period.[4] The holding company, J Sainsbury plc, is split into three divisions, Sainsbury's Supermarkets Ltd, Sainsbury's Convenience Stores Ltd (Sainsbury's Local), and Sainsbury's Bank. The group's head office is in the Sainsbury's Store Support Centre in Holborn Circus, City of London.[5] The group also has interests in property.
As of May 2011, the largest Sainsbury family shareholders are Lord Sainsbury of Turville with 4.99%, with Judith Portrait the trustee of...