J Sainsbury plc

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  • 242.10p
  • -0.70p (-0.29%)

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Sainsbury’s share price: Argos to give £2.4m to underpaid staff

Sainsbury’s share price: Argos to give £2.4m to underpaid staff

Retailer’s new boss ‘very disappointed’

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About J Sainsbury plc

J Sainsbury Plc (LON:SBRY) is engaged in grocery and related retailing and operates supermarkets, convenience stores, an Internet-based home delivery service, and Sainsbury Bank.
J Sainsbury is the parent company of Sainsbury's Supermarkets, commonly known as Sainsbury's. Sainsbury's operates over 1,106 supermarkets and convenience stores and employs around 157,000 people. Sainsbury's is the third-largest food retailer in the UK, behind Tesco and Asda, owned by Wal-Mart. J Sainsbury jointly owns Sainsbury's Bank with Lloyds Banking Group and has two property joint ventures with Land Securities Group PLC and The British Land Company PLC.
J Sainsbury's head office is located in the Sainsbury's Store Support Centre in Holborn Circus in London. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 index. The company's shares are also listed in the form of American Depositary Receipts (ADRs) on the US Over-The-Counter market, with each ADR representing four underlying J Sainsbury Plc ordinary shares.
Sainsbury's was founded in 1869 by John James Sainsbury and his wife Mary Ann Sainsbury in London. The company went public in 1973, marking the biggest flotation the stock market had seen. In 2013, Sainsbury's teamed up with Vodafone to launch the mobile phone network Phone Shop by Sainsbury's.

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