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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.
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]
The equity interest in Sainsbury's held by the family as of May 2011 is 15%. The family sold down their stake from 35% in 2005. The largest family shareholders are Lord Sainsbury of Turville with 4.99% and Lord Sainsbury of Preston Candover, who controls just under 3% of the company, and benefits from 1.6% of the equity included in the above.
LONDON -- One company that has particularly caught my eye is Sainsbury's . It is going on my watchlist along with Unilever, and I will be following both with a potential eye to investing.
Sainsbury's, Greenwich, also known as the Sainsbury's Millennium Store, [17] was a Sainsbury's supermarket building at 55 Bugsby's Way, Greenwich Peninsula, London.Opening in 1999 as Sainsbury's flagship store, the building design incorporated environmentally conscious features and gained critical acclaim, being shortlisted for the 2000 Stirling Prize.
[7] S L Shaw. In April 2005, Sainsbury's acquired SL Shaw Ltd, a neighbourhood convenience shop operator with five shops in the south-east of England. After a programme of refurbishment, the five shops converted to the Sainsbury's Local format, combining Shaw's reputation and customer service with Sainsbury's expertise in fresh and convenience ...
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