Difference between revisions of "Sainsbury's"
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A proposed merger with [[Asda]] was blocked in [[2019]] by the [[Competition and Markets Authority]] over concerns of increased prices for consumers. | A proposed merger with [[Asda]] was blocked in [[2019]] by the [[Competition and Markets Authority]] over concerns of increased prices for consumers. | ||
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| + | In August 2021, [[Morrisons]] was taken over by [[Clayton, Dubilier & Rice]]. It is expected that Sainsbury's will be the next British supermarket to be taken over by a [[private-equity firm]].<ref>https://www.theguardian.com/business/2021/aug/22/sainsburys-could-be-next-in-line-for-private-equity-interest</ref> | ||
==Family== | ==Family== | ||
Revision as of 11:01, 23 August 2021
 Sainsbury's  (Supermarket, Corporation)    | |
|---|---|
 | |
| Formation | 1869 |
| Founder | John James Sainsbury |
| Headquarters | London, England, UK |
| Owners | Sainsbury family, Qatar |
Sainsbury's is the second largest supermarket chain in the United Kingdom.
From 1922 to 1995 they were the largest.
History
David Sainsbury was a large donor to the losing remain campaign. Now Sainsbury's is hiking prices and blaming rising costs on Brexit.
In 2014, a branch removed Kosher products in fear they would be attacked by Anti-Israel activists.[1]
David Sainsbury gave £8 million to the remain campaign in the 2016 EU Referendum. He is a critic of Brexit.[2]
A proposed merger with Asda was blocked in 2019 by the Competition and Markets Authority over concerns of increased prices for consumers.
In August 2021, Morrisons was taken over by Clayton, Dubilier & Rice. It is expected that Sainsbury's will be the next British supermarket to be taken over by a private-equity firm.[3]
Family
- Full article: Sainsbury family
- Full article: Sainsbury family
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References
- ↑ https://www.theguardian.com/business/2014/aug/17/sainsburys-removes-kosher-food-anti-israel-protesters
- ↑ https://www.express.co.uk/news/uk/704328/Lord-Sainsbury-paid-8MILLION-fund-campaign-stop-Brexit
- ↑ https://www.theguardian.com/business/2021/aug/22/sainsburys-could-be-next-in-line-for-private-equity-interest
