In 1869, John James Sainsbury, together with his wife, opened a store on Drury’s Lane, London. This was to become the first store of the Sainsbury’s supermarket chain known today. In just a decade, the business was so great that the Sainsburys opened three more stores to feed heightened demand. At the time of establishment, Sainsbury’s was operating as a fresh foods retailer.
Further expansion saw the retail store begin packaging and selling groceries. In 1921, Sainsbury’s formalized its business by incorporating J Sainsbury Limited. The company began packaging and selling bacon and hams, dairy, cooked and fresh meats, and poultry and game. Presently, J Sainsbury Plc has its business segmented into Retail, Financial Services, Property Investment, and Clothing and General Merchandise. The company operates in the United Kingdom as its primary market and has its headquarters in London. Sainsbury’s trades on the London Stock Exchange under the symbol SBRY. The company is part of the FTSE 100 component.