John James Sainsbury

John James Sainsbury (12 June 1844 – 1928) was a grocer who founded what is now the Sainsbury's supermarket chain.

Early and private life

John James Sainsbury was born on 12 June 1844 at 5 Oakley Street, Lambeth, to John Sainsbury (baptised 1809, d. 1863), ornament and picture frame maker, and his wife Elizabeth Sarah, née Coombes (1817–1902).[1] During his childhood, his family moved house several times between rented rooms. The area in which they lived was close to the Thames wharves and to Waterloo station, which opened in 1848.

John James started work at the age of 14 years old. He may have stayed at school beyond the normal leaving age of 10 or 11, possibly helping out as a "monitor". His first job was with a grocer in the New Cut, Lambeth.[1]

In 1863, John James's father died and John James took on the additional responsibility of helping to support his mother and two sisters.

At the age of 24, he married Mary Ann Staples and they set up a dairy shop together at 173 Drury Lane, Holborn.[1] The couple had probably saved a few pounds with which to buy shop equipment but their circumstances were extremely modest. They shared the cramped accommodation above the little shop with three other families.[1]

Business career

Throughout his life, John James avoided personal publicity and little evidence remains of his character. His business style was to offer competitive prices while, at the same time, demonstrating higher standards of quality, service, and hygiene.[1]

From one store in Holborn, London, opened at 173 Drury Lane in 1869, Sainsbury built a chain of grocery stores which numbered 128 when he died in 1928. Sainsbury's remained a family business during his whole life. At the time of the firm's incorporation in 1922, John James took on the title of Chairman and Governing Director, a position which he held until his death in 1928. His last words were "Keep the shops well lit".

Today, the group owns over 1,000 stores but no family member has been involved in management since David Sainsbury retired in 1998.[1] They do, however, continue to control approximately 15% of the shares.

References

External links

This article is issued from Wikipedia - version of the 9/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.