Sainsburys supermarket , 100 Church St, Warrington town centre at dusk, Cheshire, England, UK, WA1 2TN
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a share of UK supermarket sales in September 2022. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK retailer of groceries for most of the 20th century. In 1995, Tesco became the market leader when it overtook Sainsbury's, which has since been ranked second or third: it was overtaken by Asda from 2003 to 2014, and again in 2019. In 2018, a planned merger with Asda was blocked by the Competition and Markets Authority over concerns of increased prices for consumers. The holding company, J Sainsbury plc, is split into three divisions: Sainsbury's Supermarkets Ltd (including convenience shops), Sainsbury's Bank, and Argos. As of 2021, the largest overall shareholder is the sovereign wealth fund of Qatar, the Qatar Investment Authority, which holds of the company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. In 2012, Jel Singh Nagra, a shop keeper from North Tyneside, was threatened with legal action from Sainsbury's after he named his shop Singhsbury's. It complained about his logo design and the name. Nagra changed the shop name to Morrisinghs. Morrisons wished him well. A Singhbury's Local in Aylesbury removed its sign after intervention from Sainsbury's in 2017 Ownership in February 2023 was as follows: Qatar Investment Authority (QIA) shareholding stood at shares. Vesa Equity Investment, the vehicle of Czech billionaire Daniel Kretinsky shareholding stood at 10% shares. Costcutter owner Bestway shareholding stood at shares
Size: 4968px × 3648px
Location: 100 Church St, Warrington, Cheshire, England, UK, WA1 2TN
Photo credit: © Tony Smith / Alamy / Afripics
License: Licensed
Model Released: No
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