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Report: Type of ownership of J-Sainsbury  

Member rating: 6 out of 10 stars (2 votes) | Words: | Submitted: Fri Oct 15 2004

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Report: Type of ownership To: Alf Filer From: Jaymit Patel Date: 24/11/03 1a. Background information of J-Sainsbury's J-Sainsbury's is one of the United Kingdom's largest supermarket chains, operating more then 400 stores and employing over 142,000 people. Sainsbury's have developed an excellent reputation over the years and has worked to provide their loyal shoppers with the widest selection of food and services possible. However, in recent years the grocery chain has seen an increase in competition as the market has consolidated and large multi-national grocery chains have moved into the UK market. J-Sainsbury's is a Plc. Plc stands for public limited company. As J-Sainsbury's is a public limited company, their shares are traded on the stock exchange. Any person who may be interested in the business can buy these shares. It is easy to obtain information of J-Sainsbury's because, the business is a plc and they have to publish accounts every year, which can be gathered from the company's house. People...

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