J. Sembory Public Limited (Embry) J Sainsbury plc (OTCMKTS: JSAIY, JSNSF, LSE: SBRY) was founded in 1869 and is headquartered in London, England. It has 121,200 full-time employees and is the second largest supermarket chain in the UK The company, together with its subsidiaries, is engaged in food, daily necessities and clothing retail and financial services activities in the UK.
Samboli (Embry) J Sainsbury plc (JSAIY):
J Sainsbury plc is the parent company of Imberry Supermarkets, often called Sainsbury’s, also known as Sainsbury’s. It is the second largest supermarket chain company in the UK, accounting for 16.6% of the UK market share. Headquartered in Holborn Circle, London, the company also operates property and banking services.
In 1869, Imberry was founded in London, England by John James Sempery and his wife Mary Ann Sainsbury (Mary Ann Sainsbury), and expanded rapidly during the Victorian era. It became the largest grocery store in the UK in 1922 and a pioneer of self-service shopping in the UK. Development reached its peak in the 1980s. In 1995, the position of market leader was replaced by Tesco . In October 2013, Enbury replaced Asda as the second largest supermarket in the UK.
Semboli is divided into 4 departments to operate : Retail Food (retail food); Retail General Merchandise and Clothing (retail goods and clothing); Financial Services (financial services) and Property Investment (real estate investment).
J. Semboli operates various types of stores, including convenience stores and supermarkets. It also involves online grocery and general merchandise businesses; and provides home furnishings, clothing, toys, electrical and technical products, as well as loyalty programs and energy solutions.
As of March 10, 2018, the company operated 608 supermarkets and 815 convenience stores, as well as 191 Argos stores, 16 Habitat stores and 192 digital collection points. In addition, the company also invests in and develops real estate; and provides financial services such as credit cards, savings and personal loans, as well as travel funds, mortgages, cars, households, pets, travel and life insurance.
Samboli (Embry) J Sainsbury plc (JSAIY) subsidiary:
The subordinate companies of IMB include :
- Sainsbury’s Local: 815 convenience stores
- Sainsbury’s Supermarkets: Emberley owns a total of 608 supermarkets
- Sainsbury’s Petrol
- Sainsbury’s Online: sainsburys.co.uk, online viewing food, clothing and other goods
- Sainsbury’s Bank: A bank operated by Emberley
- Sainsbury’s Pharmacies: Pharmacy
- Sainsbury’s Energy: a utility provider working with British Gas
- Mobile by Sainsbury’s: Mobile network in cooperation with Vodafone
The history of J Sainsbury plc (JSAIY):
- In 1869, Imberry was founded by John James Semberly and his wife Mary Ann Sainsbury at 173 Drury Lane, Holborn, London, England. At first, it only dealt in fresh food, and later expanded its business to packaged products, such as tea and sugar. Its business philosophy was later engraved on the logo of the first store in Islington, which is “Quality perfect, prices lower” (high quality and low prices).
- Imbury adopted a unified business strategy and became a private company in 1922, named “J. Sainsbury Limited”, which was already the largest grocer in the UK at that time. At this time, there is a division in the shop of Imbri, which includes dairy products, bacon and ham, poultry and game, cooked meat and raw meat. It wasn’t until 1903 that it bought a Dalston retail brand that Imbry started selling groceries.
- The founder, John James Samboli, died in 1928, at which time there were 128 branches under the umbrella of Imberry. Imberry’s last words are “Keep the shops well lit” (don’t let the lights of the shops go out). His eldest son, John Benjamin Sainsbury, who had been involved in the company’s business since 1915, succeeded him.
- From the 1930s to the 1940s, Imberry was taken over by John Benjamin Semboli, maintaining its leading position in the industry. In 1936 it acquired Thoroughgood, whose main business scope was in central England.
- Due to heart problems, John Benjamin Sembali retired from behind the scenes in 1938, his son Robert Sembali and his brother Alan Sembali succeeded and cooperated in business.
- During World War II, a large number of male employees were conscripted into the army, and the main body of employees became female. Affected by the war, Imberry had a difficult time.
- In 1956, Benjamin Samboli died of a heart attack, and Alan Samboli took over as chairman. Because of Alan Semboli’s forward-looking vision, self-service began to be adopted in the 1950s and 1960s, thus becoming the pioneer of self-service supermarkets in the UK. Its first self-service branch supermarket opened in Croydon in 1950.
- Inberry is also one of the first supermarkets to develop self-branded goods. Although such goods are low in price, their quality is comparable to the national well-known trademarks. Its expansion is much more cautious than Tesco, and has never distributed coupons.
- The company was completely owned by the Inbery family until its listing on July 12, 1973. At the time of listing, it was the largest initial public offering on the London Stock Exchange, and one million shares were left alone with employees, while the Emberley family still held 85% of the shares and occupied important positions in the company.
- In the 1970s, the size of the Emberley supermarket rose from an average of 10,000 square feet (930 square meters) to 18,000 square feet (1,700 square meters). In 1974, the first extra-urban supermarket opened in Coldhams Lane in Cambridge, covering an area of 24,000 square feet (2,200 square meters). Its last counter service shop closed in Peckham in 1982.
- In order to win the competition in large-scale supermarkets, Emberley and British grocery stores formed a joint venture SavaCentre. The first SavaCentre opened in 1977 in Washington, Tyne and Wear. Its general area, about 35,000 square feet (3,300 square meters), is used for fabrics, electrical appliances and hardware sales. With the increasing competitiveness of Asda and Tesco, the company decided not to set up a separate large-scale supermarket brand, so SavaCentre returned to Emberley in 1999.
- In 1979, diversified investment again, and a joint venture with Bulgarian retailer GB-Inno-BM to launch a DIY store under the name of Homebase. In 1995, Homebase had tripled its original size and acquired competitor Texas Homecare. Inberry also sold the chain store in Homebase in 2000 for 969 million pounds.
- In November 1983, Imbury purchased 21% of the American grocery group Shaw’s Supermarkets. It was all acquired in June 1987, and its operation mode was changed to the same as that in the UK.
- On May 19, 2016, Imberry acquired the largest toy retailer in the UK, Argos.
- On April 30, 2018, Emberley purchased Asda (supermarket) from Walmart with 2.975 billion pounds (approximately US$4.1 billion) in cash and 42% of the combined new company. The combined new company will own more than 2,800 A retail store has become the largest supermarket group in the UK, and Wal-Mart has agreed to hold no more than 29.9% of the voting rights in the new company.
- On April 25, 2019, the UK Competition and Market Authority rejected the agreement between Samboli and Asda (supermarket) to terminate the transaction.