J Sainsbury

London supermarket group that also owns Argos

Overview

J Sainsbury operates retailing, financial services and property businesses through Retail-Food, Retail-General Merchandise and Clothing, and Financial Services segments; the financial services segment includes Sainsbury’s Bank and Argos Financial Services.[2] Forbes records it was founded by John James and Mary Ann Sainsbury in 1869 and is headquartered in London.[2] Sales were US$45.0bn, up 7.5%, and profit US$513m.[2] Sainsbury’s fell one place, to twenty-second, because Inditex grew faster. Its market value is US$9.0bn, the second-lowest in the ranking.[2]

J Sainsbury strengths and limitations

Strengths

  • Second-largest UK retailer in the list
  • General-merchandise arm through Argos
  • Sales growth of 7.5%

Limitations

  • Profit margin about 1%
  • UK-only
  • Market value of US$9.0bn

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J Sainsbury peers and competitors

Companies ranked in the same lists as J Sainsbury.

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