Sainsbury’s is one of the pioneers of UK grocery retailing. Founded in 1869 by John James Sainsbury and his wife Mary Ann, the business was one of the earliest adopters of the self-service shopping model that would go on to revolutionise the way people purchased food. Based in Holborn, London, the business operates around 1,400 stores across its supermarket format and Local convenience division. In 2016, Sainsbury’s acquired Argos in a £1.4bn deal. As well as Argos, Sainsbury’s also owns the Tu clothing label and Habitat homewares. Retail Week provides news, analysis, features and opinion about Sainsbury's and the grocery sector.
Tesco and Sainsbury’s, which both updated on Christmas trading this week, were seasonal winners as the two food giants won market share in a highly competitive environment.
The company reported strong grocery growth over the festive period, more than offsetting a fall in general merchandise and clothing.
Sainsbury’s is launching a new graduate programme, which includes a focus on developing skills in artificial intelligence.
Ocado was the fastest-growing retailer once again as consumers showed growing appetite for festive shopping online
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