J Sainsbury Plc
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About J Sainsbury Plc
Founded in 1869, Sainsbury's is the second-largest UK grocery chain with around 10% market share. It operates around 600 supermarkets and 800 convenience stores in the UK. The company has diversified away from core food by selling clothing, fuel, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion.