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J Sainsbury plc, trading as Sainsbury's, [a] is a British supermarket and the second-largest chain of supermarkets in the United Kingdom.. 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.
King joined Sainsbury's on 29 March 2004, [7] and was seen as the company's last chance to win back market share from its rivals and remain independent – the previous CEO, Sir Peter Davis, failed to halt the supermarket's slide in market position despite a £3 billion investment in infrastructure. He was offered £675,000 a year salary.
John Sainsbury may refer to: John James Sainsbury (1844–1928), co-founder of the major UK supermarket chain Sainsbury's John Benjamin Sainsbury (1871–1956), eldest son of John James Sainsbury and Sainsbury's chairman 1928–1956
John James Sainsbury was born on 12 June 1844 at 5 Oakley Street, Lambeth, to John Sainsbury (baptised 1809, d. 1863), ornament and picture frame maker, and his wife Elizabeth Sarah, née Coombes (1817–1902). [1] During his childhood, his family moved house several times between rented rooms.
Alan Sainsbury was instrumental in bringing the self-service supermarket to Britain and shaping many of the conditions by which we shop for food today. On a trip to America he saw the experience of self-service supermarkets, and John James Sainsbury's show-piece Croydon branch of Sainsbury's was converted to self-service in 1950.
In his annual letter to CEOs this year, BlackRock CEO Larry Fink urged other chief executives to harness the "power of capitalism" to influence society and serve as a catalyst for positive change.
In 2017, he dissolved the Al-Nusra Front to form HTS, which would maintain power in Idlib before it led the sweeping rebel takeover of Syria earlier this month, forcing out Assad and his regime.
Both Alan Sainsbury and Paul Sainsbury joined Sainsbury's in 1921. John Benjamin Sainsbury's sons, Alan and Robert, built the reputation of the business for quality and innovation. Having inherited both Victorian and Jewish traditions of philanthropy, they also set the tone of the family's prevailing left-liberal social conscience.