Sainsbury’s Supermarkets Ltd was formed from J. Sainsbury plc. It is now commonly known to be Sainsbury’s. It is the third largest chain of supermarkets in the United Kingdom owning 16.5% share of the UK supermarket. They can be traced down to Holborn Circus, City of London with their group’s head office at the Sainsbury’s store centre.
The group’s other interests are property and banking. John James Sainsbury and his wife Mary Ann Sainsbury (nee Staples) are the founded Sainsbury, in London, England in the year 1869. It grew rapidly during the Victorian era. Sainsbury diversified to being the largest grocery retailer and in the year, 1922 initiated self-service retailing in the UK during the 80’s. Writing custom essays or buy essays on the Sainsbury Supermarket would be quite interesting. Tesco was one step ahead Sainsbury in 1995 at the aspect of leadership at the international marketing level. They reduced their stake from 35% in 2005. Their largest shareholders are Lord Sainsbury of Turville with 5.83% and Lord Sainsbury of Preston Candover who controls slightly less than 3% of the company, and benefits from 1.6% of the equity included in the above. The Qatari royal family owns the fourth part of the company that makes a great contribution in to the promotion of the investments. It is a component of the FTSE 100 Index and is listed on the London Stock Exchange.