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An analytical report on a organisation - Essay Example

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J Sainsbury PLC was established in 1869 and currently has more than one thousand two hundred convenience stores and supermarkets in operations, while employing more than one hundred and sixty thousand employees (Zentes, Morschett and Schramm-Klein, 2011, p. 355). The company…
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Download file to see previous pages Sainsbury is the second biggest supermarket chain in the UK and commands a market share of about seventeen percent of the supermarket sector (Martin and Hetrick, 2006, p. 222). John James Sainsbury established it in 1869 as a shop in London and it grew to become the biggest retailer of groceries in 1922 while pioneering the self-service retail approach in the UK and having its heydays in the eighties (McLoughlin and Aaker, 2010, p. 129). However, Tesco overtook the company in 1995 as the market leader, with Asda becoming the second biggest in 2003, therefore relegating Sainsbury to third. J Sainsbury PLC, which is a holding company, is divided into three divisions that include supermarkets, convenience stores and the Sainsbury Bank. The headquarters of the holding company are located in the Store Support Centre of the company in Holborn Circus and the group is also interested in the property. The biggest overall shareholder of the company is Qatar’s sovereign wealth fund, holding almost twenty-six percent of the company, which is also listed in the London Stock Exchange.
Sainsbury operates a variety of store formats that are intended to meet particular requirements of the customers and locations (Schnedlitz, 2010, p. 154). It also has online operations were groceries as well as non-food sales continue to increase, especially after the introduction of the Click and Collect service that enables customers to freely pick the non-food products they order online at stores that are convenient to them and this has demonstrated to be extremely popular with most of the customers. The company has a considerable portfolio that includes buildings and long leasehold properties as well as property that exists in joint venture engagements. The Sainsbury Bank deals with a variety of quality products such savings and loans, insurances and credit cards. Additionally, it provides the customer with quality products at good prices while regularly rewarding ...Download file to see next pagesRead More
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