insurance pet sainsburys
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| J Sainsbury plc | |
 | |
| Type | Public (LSE:SBRY) |
|---|---|
| Founded | 1869 |
| Headquarters |  Holborn, London, UK |
| Key people | Justin King, CEO Philip Hampton, Chairman |
| Industry | Retail (Grocery) |
| Products | Supermarkets, banking |
| Revenue | £18,518 million (2007) |
| Operating income | £380 million (2007) |
| Net income | £58 million (2006) |
| Employees | 153,000 (2006) |
| Subsidiaries | Sainsbury's Bank Sainsbury's Supermarkets Ltd. |
| Website | www.j-sainsbury.co.uk |
J Sainsbury plc is the parent company of Sainsbury's Supermarkets Ltd, commonly known as Sainsbury's, a chain of supermarkets in the United Kingdom. The group also has interests in property and banking. The group has an estate worth about £6 billion (October 2006).
For much of the twentieth century Sainsbury's was the market leader in the UK supermarket sector. However in 1995 it lost its place as the UK's largest grocer to Tesco and in 2003 was pushed into third by ASDA. The company's fortunes have improved since the launch of a recovery programme by CEO Justin King in 2004. Despite predictions that Sainsbury's would regain second position and a narrowing of ASDA's lead in recent months, the latest figures released by Taylor Nelson Sofres in October 2006 showed Sainsbury's losing share slightly, from 15.9% to 15.7% compared to ASDA's 16.6%. Tesco's share was 31.4% and Morrisons' 11.1%.
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