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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.
Tesco is the largest supermarket chain in the United Kingdom.. As of November 2024, there are 17 supermarket chains currently operating in the United Kingdom. The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010.
Sainsbury's submitted a revised offer of £1.3 billion on 2 February 2016, with a deadline of 23 February to make a firm bid. [14] Steinhoff International submitted a rival bid of £1.4 billion on 19 February. [15] Steinhoff abandoned its bid on 18 March 2016, while Sainsbury's submitted a formal bid of £1.4 billion. [16]
It was owned and run by the Bell family until February 2004, when it was acquired by Sainsbury's, [1] [2] [3] the UK's second largest supermarket chain. Shops were initially refurbished to trade as 'Sainsbury's at Bells', [ 4 ] [ 5 ] but in May 2007 it was announced that the shops would be re-branded Sainsbury's Local by March 2008.
Since Sainsbury's acquired Argos, more and more standalone stores have been moved into a nearby Sainsbury's store. On 25 September 2019, Sainsbury's announced that over 50 Argos stores would be closing or relocating in order to cut costs. Stores also began to feature digital computers as well as printed catalogues to save costs.
Jacksons Stores had 114 shops in the Yorkshire area and the North Midlands, and just before the Sainsbury's acquisition, was voted the UK's best independent convenience shop chain. The acquisition doubled Sainsbury's market share in the convenience shop sector to 2%. The shops were initially refurbished to trade as ‘Sainsbury’s at Jacksons ...
Sainsbury's exercised its option to acquire thirteen stores, which it occupied, from the company and its joint venture partner, British Airways Pension Trustees, in September 2021 [12] and then bought a further eight stores, which it occupied, from the company and its joint venture partner in January 2022. [13]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.