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Sainsbury's is a Public Limited Company (PLC). This means that the general public are able to purchase shares in this company from the stock exchange. Such companies may at times elect to offer an issue of shares for sale (called a rights issue) in order to acquire fresh capital for expansion or to fund new projects or takeover bids etc. PLC's tend to be in "the big league". "Money makes money" and many PLC's take the form of multiples - companies with many branches, stores or outlets - that have steadily grown over the years by acquiring other companies or by building new factories or shops. Sainsbury's started off as a dairy shop at 173 Drury Lane London in 1869. John James and Mary Ann Sainsbury's owned it. The area in which they started was one of the poorest areas in London. Soon after opening it began extremely popular for offering...

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