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Encyclopedia > J Sainsbury
J Sainsbury plc
Type Public (LSE:SBRY)
Founded 1869
Location Holborn, London
Key people Justin King, CEO
Philip Hampton, Chairman
Industry Retail (Grocery)
Products Supermarkets, banking
Revenue £16,061 million (52 weeks to 25 March 2006).
Operating income £267 million
Net income £58 million
Employees 153,000 (2006)
Subsidiaries Sainsbury's Bank
Sainsbury's Supermarkets Ltd.
Website www.j-sainsbury.co.uk
J Sainsbury HQ in Holborn Circus
J Sainsbury HQ in Holborn Circus

J Sainsbury plc is the parent company of Sainsbury's Supermarkets Ltd, commonly known as Sainsbury's, which is a chain of supermarkets in the United Kingdom. The group also has interests in property and banking. Download high resolution version (1280x264, 10 KB)Cleanup of Image:JSainsbury. ... A public company is a company owned by the public rather than by a relatively few individuals. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... Holborn (pronounced ho-bun or ho-burn) is a place in London, named after a tributary to the river Fleet that flowed through the area, the Hole-bourne (the stream in the hollow). ... London is the capital city of England and of the United Kingdom, and is the most populous city in the European Union. ... Justin King (right) with Chairman Philip Hampton. ... A chief executive officer (CEO), or chief executive, is the highest-ranking corporate officer or executive officer of a corporation, or agency. ... Philip Hampton is the chairman of J Sainsbury plc, which operates the chain of Sainsburys supermarkets in the United Kingdom. ... A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Exterior appearance of typical American supermarket (a Safeway) A supermarket or grocery store is a store that sells a wide variety of food. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... For details of notes and coins, see British coinage and British banknotes. ... March 25 is the 84th day of the year in the Gregorian calendar (85th in leap years). ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... In business, a subsidiary is a company controlled by another company or corporation. ... Sainsburys Bank is a UK based bank operated by J Sainsbury plc and HBOS plc (Halifax Bank of Scotland), with 55% and 45% shares respectively. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... Image File history File links Download high resolution version (2048x1536, 1191 KB) J Sainsbury HQ in Holborn Circus. ... Image File history File links Download high resolution version (2048x1536, 1191 KB) J Sainsbury HQ in Holborn Circus. ... Holborn (pronounced ho-bun or ho-burn) is a place in London, named after a tributary to the river Fleet that flowed through the area, the Hole-bourne (the stream in the hollow). ... Exterior appearance of typical American supermarket (a Safeway) A supermarket or grocery store is a store that sells a wide variety of food. ...


Sainsbury's was once the market leader in the UK supermarket sector, but is currently ranked third behind Tesco and ASDA. The company's fortunes have improved since the launch of a recovery programme by CEO Justin King in 2004 and ASDA CEO Andy Bond has suggested Sainsbury's may regain second position, lost in 2003. TNS Superpanel is a division of the United Kingdom based global market information group Taylor Nelson Sofres, which analyses the British grocery sector. ... Tesco PLC is a United Kingdom-based international supermarket chain. ... For other uses, see ASDA (disambiguation). ... Justin King (right) with Chairman Philip Hampton. ...

Contents


History

Sainsbury's was established as a partnership in 1869 when John James Sainsbury and his wife Mary Ann opened a store in Drury Lane in Holborn, London. In 1922 J Sainsbury was incorporated as a private company. In 1973 the company was floated as J Sainsbury plc in what was at the time the largest ever flotation on the London Stock Exchange. Today the family retain approximately 35% of the shares. John James Sainsbury (1844-1927) founded the Sainsburys supermarket chain, now the largest part of J Sainsbury plc (floated in 1973). ... Holborn (pronounced ho-bun or ho-burn) is a place in London, named after a tributary to the river Fleet that flowed through the area, the Hole-bourne (the stream in the hollow). ... London is the capital city of England and of the United Kingdom, and is the most populous city in the European Union. ...


In 1975, Sainsbury's launched the "Sainsbury's SavaCentre" hypermarket format as a joint venture with BHS. This was the first attempt to launch supermarkets with a large non-food range in the UK. Savacentre became a wholly owned Sainsbury's subsidiary in 1989. As the hypermarket format became more mainstream, with rivals such as ASDA and Tesco launching ever-larger stores, it was decided that a separate brand was no longer needed and the stores were converted to the regular Sainsbury's superstore format in 1999. This is in direct contrast to rival firms Tesco and ASDA, which have been rapidly expanding their Tesco Extra and ASDA Wal-Mart Supercentre hypermarket formats in recent years. Bhs (once known as British Home Stores and then BHS) is a stalwart general retailer of the British High Street, selling clothes and household items (such as bedlinen, cutlery, crockery and lighting). ...


Sainsbury's founded the Homebase DIY chain in 1979. Homebase was tripled in size in 1995 with the acquisition of the rival Texas Homecare from the Ladbroke Group Plc. Sainsbury's sold the Homebase chain in December 2000 in a two-fold deal worth £969 million. Sales of the chain of stores to venture capitalist Schroder Ventures generated £750 million and sale of 28 development sites, which had been earmarked for future Homebase stores, were sold for £219 million to rival B&Q's parent company, Kingfisher plc. At the time, the chain had 13% of the UK market, behind B&Q and Focus Do It All. HomeBase was a home improvement warehouse chain in the Western United States based in Irvine, California. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... An editor has expressed a concern that the subject of the article does not satisfy one of the following guidelines for inclusion on Wikipedia: If you are familiar with the subject matter, please expand the article to establish its notability, citing reliable sources, so as to avoid it being considered... This article is about the year 2000. ... Schroders plc is a British investment management company with its headquarters in the City of London. ... Kingfisher plc is a UK high-street retailer formed in 1982 by the buyout of Woolworths by Paternoster Stores Ltd. ... B&Q is a British retailer of DIY and home improvement tools and supplies. ... Focus is a UK chain of DIY stores. ...


In November 1983 Sainsbury's purchased 21% of Shaw's Supermarkets, the second largest grocery group in the northeast United States. In June of 1987, Sainsbury's acquired a controlling interest. Despite good performance by Shaw's, Sainsbury's sold the group on 30 April 2004. Shaws, along with sister store, Star Market, is a wholly-owned subsidiary of Eden Prairie, Minnesota-based Supervalu. ...


In 1999 Sainsbury's acquired an 80.1% share of Egyptian Distribution Group SAE, a retailer in Egypt with 100 stores 2,000 employees. However poor profitability lead to the sale of this share in 2001. [1]


In 2001 Sainsbury's moved into its current headquarters at Holborn, London. Sainsbury's previously occupied Stamford House and 12 other buildings around Southwark. Holborn had been developed on the former Mirror Group site for Andersen Consulting (now Accenture), however Sainsbury's acquired the 25 year lease when Accenture pulled out. The Borough or Southwark is an area of the London Borough of Southwark situated 1. ... Trinity Mirror is a large United Kingdom newspaper and magazine publisher. ... Accenture (NYSE: ACN) is a global management consulting, technology services and outsourcing company. ...


Sainsbury's disposed of its American subsidiary, Shaw's, in 2004. Shaws, along with sister store, Star Market, is a wholly-owned subsidiary of Eden Prairie, Minnesota-based Supervalu. ...


Management

Sainsbury's checkouts
Sainsbury's checkouts

Download high resolution version (1296x972, 315 KB)Supermarket check out, London January 2005 Author: Velela. ... Download high resolution version (1296x972, 315 KB)Supermarket check out, London January 2005 Author: Velela. ...

Sainsbury family involvement

Today there is little or no family (see below) involvement in the company, although they do still control approximately 35% of the shares. David Sainsbury's retirement as Chairman in 1998 brought to an end 129 years of management of the group by the Sainsbury family. As a government minister since 1998, his shares are held in a blind trust. David John Sainsbury, Baron Sainsbury of Turville (born 24 October 1940) is a British businessman, politician, and life peer for the Labour Party. ... A Blind trust is a trust in which the executors or those who have been given power of attorney have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust. ...


The family shareholding makes the much rumoured takeover of the group all but impossible. This due to the fact that any buyer would have to have the agreement of the Sainsbury family, i.e. to sell their shares. This may be sentimental or for purely financial reasons, The Sunday Times quoted a former director; "What would motivate them? They did not sell when the company was worth £11 billion, so why sell now when it is worth just over £4 billion?" The Sunday Times is the name of several Sunday newspapers. ...


Peter Davis

Sir Peter Davis replaced Dino Adriano as CEO in March 2000 in what was seen as an attempt to regain market position. If he is judged on that aim, then he can be said to have failed, as Sainsbury's was demoted to third in the UK grocery market during his term. In his first two years he raised profits above targets, however the decline in performance relative to its competitors would lead the group to make its first ever loss in 2004. Davis also oversaw an almost £3bn upgrade of stores, distribution and IT equipment, but Davis' successor would later reveal that much of this investment was wasted and he failed in his key goal - improving availability. For the Mayor of Melbourne 1856–57, see Peter Davis (Mayor of Melbourne), for the husband of Helen Clark see Peter Davis (New Zealand). ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ...


Philip Hampton

On July 19, 2004 Davis' replacement, Philip Hampton, was appointed as chairman. Hampton has previously worked for British Steel, British Gas, BT and Lloyds TSB. July 19 is the 200th day (201st in leap years) of the year in the Gregorian Calendar, with 165 days remaining. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... British Steel is a large British steel producer, privatised in 1988 under the Thatcher government. ... Logo as private enterprise Logo under state ownership British Gas was formerly the name of the United Kingdoms monopoly gas supplier. ... BT Group plc (which trades as just BT, and is commonly known by its former name, British Telecom) is the privatised former British state telecommunications operator. ... Lloyds TSB Group plc is a group of financial services companies, based in the United Kingdom, which was created in 1995 following the merger of the TSB Group and the Lloyds Bank Group. ...


Justin King

At the end of March 2004 Davis was promoted to chairman and was replaced as CEO by Justin King, who joined Sainsbury's from Marks and Spencer plc. King was also previously a managing director at Asda. A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Justin King (right) with Chairman Philip Hampton. ... Marks and Spencer plc (known also as M&S and sometimes colloquially as Marks and Sparks) is the largest retailer in the United Kingdom by sales. ... For other uses, see ASDA (disambiguation). ...


In June 2004 Davis was forced to quit in the face of an impending shareholder revolt over his salary and bonuses. Investors were angered by a bonus share award of over £2m despite poor company performance.


King ordered a direct mail campaign to 1 million Sainsbury's customers as part of his 6 month business review asking them what they wanted from the company and where the company could improve. This reaffirmed the commentary of retail analysts - the group is not ensuring that shelves are fully stocked, this due to the failure of the IT systems introduced by Peter Davis. For the Mayor of Melbourne 1856–57, see Peter Davis (Mayor of Melbourne), for the husband of Helen Clark see Peter Davis (New Zealand). ...


On October 19, 2004 King unveiled the results of the business review and his plans to revive the company's fortunes. This was generally well received by both the stock market and the media. Immediate plans included laying off 750 headquarter staff and the recruitment of around 3,000 shopfloor staff to improve the quality of service and the firm's main problem: stock availability. At the same meeting Lawrence Christensen, the newly appointed supply chain director and an expert in logistics, highlighted the reasons for availability issues and his plan to address them. Immediate supply chain improvements included the reactivation of two distribution centres. October 19 is the 292nd day of the year (293rd in leap years) in the Gregorian Calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...


Another significant announcement was the halving of the dividend to increase funds available for price cuts and quality. A dividend is the distribution or sharing of parts of profits to a companys shareholders. ...


King has appointed successful industry figures to the company; Lawrence Christensen is formerly from Safeway, Mike Coupe joined from Asda and Tesco as trading director, Gwyn Burr joined as head of customer service, Ken McMeikan joined in 2005 as Retail Director, was a rising star within Tesco.


Since the 2004 business review and the company's first trading report of 2005 King has managed to stem the tide of negative stories in the press. Indeed the press received by the company has been increasingly positive, The Sunday Times noted an appreciable increase in availability in its "Sainsbury looks in store for a recovery" article on March 6, 2005. A similarly upbeat article, Sainsbury's strategy begins to deliver appeared in The Guardian on March 10, 2005. The stories did note however that Peter Davis seized on similarly upbeat trading figures early in his tenure, but ultimately failed to improve the company's fortunes. The Sunday Times is the name of several Sunday newspapers. ... March 6 is the 65th day of the year in the Gregorian Calendar (66th in Leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... The Guardian is a British newspaper owned by the Guardian Media Group. ... March 10 is the 69th day of the year in the Gregorian Calendar (70th in leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


In January 2006 Sainsbury's reported serving 19 million customers in the week before Christmas, the highest ever for a single week. In March 2006 Sainsbury's reported a 5.3% rise in sales, its fifth quarter of growth in a row. The performance of Sainsbury's Bank was poor due to bad debt. [2]


According to the latest TNS rankings released in June 2006, Sainsbury's remains the UK's third largest supermarket on 16.0% market share (up from 15.8% at the same point in 2005), while ASDA remains second largest at 16.4% (unchanged year on year) and Tesco has increased its share to 31.1% TNS can stand for: The Natural Step, a sustainability framework . ...


Financial performance

Year end Sales(£m) Pre tax profit(£m) Profit for year(£m) Basic eps (p)
25 March 2006¹ 16,061 104 58 ³ 3.8
26 March 2005¹ 15,409 15 614 3.5
27 March 2004¹ 17,141 610 396 20.7
29 March 2003¹ 17,079 667 454 23.7
30 March 2002¹ 17,162 571 364 19.1
31 March 2001¹ 17,244 437 276 14.5
1 April 2000¹ 16,271 509 349 18.3
3 April 1999² 16,433 888 598 31.4
7 March 1998¹ 14,500 719 487 26.1
8 March 1997¹ 13,395 609 403 22.0
9 March 1996¹ 12,672 712 488 26.8
11 March 1995¹ 11,357 809 536 29.8
12 March 1994¹ 10,583 369 142 8.0
13 March 1993¹ 9,686 733 503 28.5
14 March 1992¹ 8,696 628 438 25.7
16 March 1991¹ 7,813 518 355 23.6
17 March 1990¹ 6,930 451 314 20.8
  1. denotes 52 weeks
  2. denotes 56 weeks.
  3. "One off operating costs" of £152 million incurred. This includes £63 million to terminate the IT outsourcing contract with Accenture.
  4. £168 million before exceptional costs (cost of "turnaround" plan and write off of excess merchandise etc.)

Earnings per share (EPS) are the earnings returned on the initial investment amount. ... March 25 is the 84th day of the year in the Gregorian calendar (85th in leap years). ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... March 26 is the 85th day of the year in the Gregorian Calendar (86th in leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... March 27 is the 86th day of the year in the Gregorian Calendar (87th in leap years). ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... March 29 is the 88th day of the year in the Gregorian Calendar (89th in Leap years). ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... March 30 is the 89th day of the year in the Gregorian Calendar (90th in leap years). ... For album titles with the same name, see 2002 (album). ... March 31 is the 90th day of the year in the Gregorian Calendar (91st in Leap years), with 275 days remaining. ... 2001: A Space Odyssey. ... April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ... This article is about the year 2000. ... April 3 is the 93rd day of the year (94th in leap years) in the Gregorian calendar, with 272 days remaining. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... March 7 is the 66th day of the year in the Gregorian Calendar (67th in leap years). ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... March 8 is the 67th day of the year in the Gregorian Calendar (68th in Leap years). ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... March 9 is the 68th day of the year in the Gregorian Calendar (69th in Leap years). ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... March 11 is the 70th day of the year in the Gregorian Calendar (71st in Leap year). ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... March 12 is the 71st day of the year in the Gregorian Calendar (72nd in leap years). ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal. // Events January Bill Clinton January 1 : North American Free Trade Agreement (NAFTA) goes into effect. ... March 13 is the 72nd day of the year in the Gregorian calendar (73rd in leap years). ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... March 14 is the 73rd day of the year in the Gregorian Calendar (74th in leap years) with 292 days remaining in the year. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... March 16 is the 75th day of the year in the Gregorian Calendar (76th in Leap years). ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ... March 17 is the 76th day of the year in the Gregorian Calendar (77th in Leap years). ... This article is about the year. ... Accenture (NYSE: ACN) is a global management consulting, technology services and outsourcing company. ...

Sainsbury's Supermarkets

Old Sainsburys logo used from the 1960s to 1999

Sainsbury's Supermarkets Ltd. was established as a separate subsidiary of the group in March 1997 and remains the most significant part of J Sainsbury plc, despite diversification over the group's history. Image File history File links Sainsbury's_old_logo. ... Image File history File links Sainsbury's_old_logo. ...


Sainsbury's was for decades the premier supermarket in the UK, it lost this position however in 1995 to Tesco, further slipping to No.3 in 2003 behind Walmart-owned Asda. In 2004 new chief executive Justin King launched a new strategy focused on supply-chain overhaul to tackle stock availability, increased competitiveness on price and improving customer service. In early 2005 Sainsbury's share of the UK grocery market began to increase slightly according to TNS Superpanel. When the company's results were announced in May 2005 King claimed, "We are on track but still in the very early stages of a long-term recovery programme. "[3]. Tesco PLC is a United Kingdom-based international supermarket chain. ... Wal-Mart Stores, Inc. ... For other uses, see ASDA (disambiguation). ... TNS Superpanel is a division of the United Kingdom based global market information group Taylor Nelson Sofres, which analyses the British grocery sector. ...

Current Sainsburys logo

In 2003 Wm Morrison Supermarkets made an offer for the Safeway group, prompting a bidding war between the major supermarkets. The Trade and Industry Secretary, Patricia Hewitt, referred the various bids to the Competition Commission which reported its findings on September 26th. The Commission found that all bids, with the exception of Morrisons, would "operate against the public interest". As part of the approval Morrisons was to dispose of 53 of the combined group's stores. In May 2004 Sainsbury's announced that it would acquire 14 of these stores, 13 Safeway stores and 1 Morrison outlet located primarily in the Midlands and the north of England. The first of these new stores opened in August 2004. Download high resolution version (995x264, 9 KB)Cleanup of Image:SainsburysSupermarkets. ... Download high resolution version (995x264, 9 KB)Cleanup of Image:SainsburysSupermarkets. ... Morrisons is a chain of supermarkets in the UK. It is operated by the company Wm Morrison Supermarkets plc. ... Safeway was a chain of 479 supermarkets and convenience stores in the UK that is now part of Wm Morrison Supermarkets. ... The President of the Board of Trade the title of a cabinet position in the United Kingdom government. ... Patricia Hope Hewitt M.P. (born 22 December 1948) British politician. ... The Competition Commission is an independent body responsible for investigating mergers, market shares and conditions and the regulation of UK companies. ... September 26 is the 269th day of the year (270th in leap years) in the Gregorian Calendar, with 96 days remaining. ...


Sainsbury's use NCR checkout or Point of Sale equipment operating Retalix "Storeline" software. This replaces their previous Fujitsu-ICL POS equipment that Sainsbury's used during the 1990s. Sainsbury's is a founding member of the Nectar loyalty card scheme, which was launched in autumn 2002 in conjunction with Debenhams, Barclaycard and BP. The Nectar scheme replaced the Sainsbury's Reward Card, accrued points were transferred over. NCR Corporation (NYSE: NCR) is a technology company specializing in solutions for the retail and financial industries. ... POS or PoS may mean: Point of sale. ... For the district in Saga, Japan, see Fujitsu, Saga. ... The Nectar loyalty card is a loyalty card scheme in the United Kingdom issued by a partnership of suppliers including the supermarket chain Sainsburys, the credit card Barclaycard, the department store chain Debenhams and the petrol distributors BP. It was launched in the autumn of 2002, but immediately encountered problems... Debenhams Ltd is a chain of department stores based in the United Kingdom. ... The Barclaycard is a credit card associated with the Barclays Bank in the UK. It offers MasterCard and VISA versions. ... BP plc (LSE: BP, NYSE: BP, TYO: 5051 ), originally British Petroleum, is a British energy company with headquarters in London, one of six vertically integrated private sector oil, natural gas, and petrol (gasoline) supermajors in the world, along with Royal Dutch Shell, ExxonMobil, Chevron, ConocoPhillips and Total. ...


Store Formats

The supermarket chain operates three main store formats; regular Sainsbury's stores, Sainsbury's Local (convenience stores) and Sainsbury's Central (smaller supermarkets in urban loactions) stores. At the end of its 2005/06 financial year Sainsbury's store portfolio was as follows. [4]

Format Number Area (ft²) Area (m²) Percentage of space
Supermarkets 455 15,916,000 1,467,000 95.1%
Convenience stores 297 821,000 76,000 4.9%
Total 752 16,737,000 1,543,000 100.0%

A foot (plural: feet) is any of several old units of distance or length, measuring around a quarter to a third of a meter. ... metre or meter, see meter (disambiguation) The metre (in the U.S., chiefly meter) is a measure of length, approximately equal to 3. ...

Convenience stores

Sainsbury's and Tesco along with Marks and Spencers are the only three major chains to operate convenience stores, Asda and Morrisons do not currently have presence in this area of the market. As well as its own Local and Central stores Sainsbury's has expanded through acquisition of existing chains. Bell's Stores, a 54 store chain based in north east England was acquired in February 2004. Jackson's Stores, a chain of 114 stores based in Yorkshire and the North Midlands, was purchased in August 2004. JB Beaumont, a chain of 6 stores in the East midlands was acquired in November 2004. SL Shaw Ltd, which owned six stores was acquired on 28 April 2005 for £6 million. Marks and Spencer plc (known also as M&S and sometimes colloquially as Marks and Sparks) is the largest retailer in the United Kingdom by sales. ... For other uses, see ASDA (disambiguation). ... Morrisons store in Morecambe, Lancashire. ... Bells Stores is a chain of local convenience stores in the North East of England. ...


Sainsbury's has retained the strong Bells and Jacksons brands. For example, refurbished stores would be called Sainsbury's at Bells or Sainsbury's at Jacksons. These are effectively Sainsbury's Local stores with a revised facia, retaining some features of the former local chain. Unrefurbished stores retain the original brand and logo, but still offer Sainsbury's own brand products, pricing and some point of sale, without accepting Nectar cards. The old websites are also retained with some Sainsbury's branding. This is still an experimental format and may become Sainsbury's Local if it is ever felt that the old brands are no longer an asset.


Product ranges

A large store typically stocks around 50,000 lines of which around 50% are "own-label" as opposed to branded goods. These own-brand lines include:

  • Basics: an economy range of around 500 lines, mainly food but also including other areas including toiletries and stationery. The Basics range uses minimal packaging with simple orange and white designs, to keep the price as low as possible. Equivalent to Tesco's Value range and ASDA's Smartprice.
  • Taste the Difference: around 800 premium food lines, including many processed foods (such as ready meals and premium bakery lines. Similar to Tesco Finest and Morrison's The Best".
  • Kids: these lines are for children. In 2006 these lines replaced the Blue Parrot Café range.
  • Be Good To Yourself: products with reduced calorific or fat content.
  • Free From: Around 150 product lines, These products are suitable towards those allergic to dairy products. (The majority of these are dairy and gluten/wheat free)

Advertising

Since 2000 Jamie Oliver has been the public face of Sainsbury's, appearing on television and radio advertisements and in-store promotional material. The deal earns him an estimated £1.2 million every year. In the first two years these advertisements are estimated to have given Sainsbury's an extra £1 billion of sales or £200 million gross profit. [5] By 2004 the company had made 65 adverts with Oliver. James Trevor Oliver, MBE (born May 27, 1975), better known as Jamie Oliver and The Naked Chef, is a British celebrity chef. ...


Sainsbury's currently uses the "Try something new today" slogan which was launched in an effort to make consumers venture into purchasing more varied goods.


Over the years, Sainsbury's has used many slogans:

  • "Good Food Cost Less At Sainsbury's" — Used from the 1960s to the 1990s. Described by BBC News as "probably the best-known advertising slogan in retailing." [6]
  • "Sainsbury's - Everyone's Favourite Ingredient" — Used in a series of TV commercials in the 1990s which featured celebrities cooking Sainsbury's food.
  • "Fresh food, fresh ideas"
  • "Value to shout about" — A 1998/1999 campaign fronted by John Cleese which was widely claimed to have been a major mistake. Sainsbury's said it actually depressed sales, however, the company had been losing sales for years before because of the rise of rival Tesco. [7]
  • "Making Life Taste Better" — Axed in May 2005. Replaced on carrier bags, till receipts etc in September 2005 by "Try something new today".

See also 1990s, the band The 1990s decade refers to the years from 1990 to 1999, inclusive, sometimes informally including popular culture from 2000 and 2001. ... John Marwood Cleese (born October 27, 1939) is an English comedian and actor best known for being one of the members of the comedy group Monty Python and for co-writing the TV series Fawlty Towers in which he played Basil Fawlty. ... Tesco PLC is a United Kingdom-based international supermarket chain. ...

Sainsbury's Bank

Main article: Sainsbury's Bank

In 1997 Sainsbury's Bank was established - a joint venture between J Sainsbury plc. and the Bank of Scotland. Sainsburys Bank is a UK based bank operated by J Sainsbury plc and HBOS plc (Halifax Bank of Scotland), with 55% and 45% shares respectively. ... Cleanup of Image:SainsburysBank. ... Headquarters on The Mound, Edinburgh The Bank of Scotland is a commercial bank in Scotland (and to a lesser extent the rest of the United Kingdom and the Republic of Ireland). ...


Services offered include car, life, home, pet and travel insurance as well as health cover, loans, credit cards, savings accounts and ISAs. Credit cards An array of various credit cards. ... Savings deposits are accounts maintained by banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money. ... An Individual Savings Account (ISA) is a financial product available in the UK, designed for the purpose of investment and savings with a favourable tax status. ...


Property

J Sainsbury's property interests are large, with a separate company within the group responsible for managing the company's existing property assets and the development of new ones (including new stores and other commercial properties).


Sainsbury family

Several members of the Sainsbury family have been prominent in British public life:

John James Sainsbury (1844-1927) founded the Sainsburys supermarket chain, now the largest part of J Sainsbury plc (floated in 1973). ... Alan John Sainsbury (13 August 1902 – 21 October 1998) was a business executive and a leading member of the Sainsbury family. ... In the United Kingdom, Life Peers are appointed members of the Peerage whose titles may not be inherited (those whose titles are inheritable are known as hereditary peers). ... 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar). ... John Sainsbury, Baron Sainsbury of Preston Candover is a businessman and politician. ... In the United Kingdom, Life Peers are appointed members of the Peerage whose titles may not be inherited (those whose titles are inheritable are known as hereditary peers). ... The Right Honourable Sir Timothy Alan Davan Sainsbury (born June 11, 1932) is a politician and businessman in the United Kingdom. ... A Member of Parliament, or MP, is a representative elected by the voters of an electoral district to a parliament; in the Westminster system, specifically to the lower house. ... Shaun Anthony Woodward (born October 26, 1958, Bristol) is a British politician, and Labour Member of Parliament for St Helens South. ... The Sainsbury Centre for Visual Arts is an art gallery and museum located on the campus of the University of East Anglia, Norwich in the United Kingdom. ... Norwich (pronounced variously Norritch, Norridge) is a city in East Anglia, in Eastern England, and the regional administrative centre and county town of Norfolk. ... David John Sainsbury, Baron Sainsbury of Turville (born 24 October 1940) is a British businessman, politician, and life peer for the Labour Party. ... In the United Kingdom, Life Peers are appointed members of the Peerage whose titles may not be inherited (those whose titles are inheritable are known as hereditary peers). ...

See also

The UK supermarket sector is dominated by Tesco, ASDA, Morrisons, and Sainsburys, which are the only chains which operate full-scale superstores of 40,000 square feet (3,700 m²) or more. ... This is a list of banks throughout the world. ...

External links

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J Sainsbury

  Results from FactBites:
 
J Sainsbury - Wikipedia, the free encyclopedia (2508 words)
J Sainsbury plc is the parent company of Sainsbury's Supermarkets Ltd, commonly known as Sainsbury's, which is a chain of supermarkets in the United Kingdom.
Sainsbury's Supermarkets Ltd. was established as a separate subsidiary of the group in March 1997 and remains the most significant part of J Sainsbury plc, despite diversification over the group's history.
J Sainsbury's property interests are large, with a separate company within the group responsible for managing the company's existing property assets and the development of new ones (including new stores and other commercial properties).
J Sainsbury (63 words)
J Sainsbury, commonly known as Sainsbury's is a chain of supermarkets in the United Kingdom.
Its company J Sainsbury plc is listed on the London Stock Exchange and also operates Shaw's Supermarkets[?], a United States chain, which it took over in 1987.
Sainsbury's was established in 1869 when John James[?] and Mary Ann Sainsbury[?] opened a store in Drury Lane in Holborn, London.
  More results at FactBites »


 

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