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Sainsburys is a public limited company.

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1427
Submitted:
Wed Oct 22 2003
Average rating:
(2 votes)
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Have a little read: ... Introduction In business we have been given the task of looking at a business and finding out how it operates we have chosen to focus on Sainsburys Sainsburys is a public limited company This means that it has its shares sold and bought on the stock exchange The advantage of this is that you can raise very large amounts of capital in a small amount of time there is a big disadvantage the control of the business can be lost by the original shareholders. The history of the company. John James and Mary Ann Sainsbury established Sainsbury's Supermarkets in 1869 and it is Britain's longest standing major food retailing chain.They opened their first small dairy shop at 173 Drury Lane, London. Drury Lane was one of London's poorest areas and the Sainsburys' shop quickly became popular for offering high-quality products at low prices. It was so successful that further branches were opened

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