{
    "id": 4418,
    "title": "J Sainsbury: Best Corporate Governance United Kingdom 2016",
    "slug": "j-sainsbury-best-corporate-governance-united-kingdom-2016",
    "url": "https://cfi.co/awards/best-practice/2016/j-sainsbury-best-corporate-governance-united-kingdom-2016/",
    "author": "CFI.co Editorial",
    "published": "2016-07-20 15:05:59",
    "published_gmt": "2016-07-20 14:05:59",
    "modified_gmt": "2021-02-10 13:39:20",
    "categories": [
        "Best Practice",
        "Corporate Governance"
    ],
    "classification": {
        "content_class": "award_rationale",
        "editorial_lens": "constructive_positive_lens",
        "independence_status": "independent_editorial",
        "sponsor_disclosure": "none",
        "sponsor_name": "",
        "article_status": "published",
        "historical_status": "current_at_publication",
        "correction_status": "none",
        "archive_policy": "no_delete",
        "provenance_layer": "github_versioned",
        "wayback_status": "archived",
        "wayback_first_snapshot": "20210921102231",
        "wayback_snapshot_url": "http://web.archive.org/web/20210921102231/https://cfi.co/awards/best-practice/2016/j-sainsbury-best-corporate-governance-united-kingdom-2016/",
        "license": "CFI-OAAL-1.0"
    },
    "excerpt": "",
    "content_html": "<p style=\"text-align: justify;\"><img class=\"aligncenter size-medium wp-image-4419\" src=\"https://cfi.co/awards/wp-content/uploads/2017/06/Sainsburys-300x57.jpg\" alt=\"\" width=\"300\" height=\"57\" /></p>\r\n<p style=\"text-align: justify;\"><strong>With a market share of almost 17% of the United Kingdom’s supermarket sector, Sainsbury’s is one of Britain’s leading grocery retailers. The supermarket pillar is, however, only one of the four mainstays of J Sainsbury plc. The group also comprises Sainsbury’s Convenience Stores, Sainsbury’s Groceries Online and Sainsbury’s Bank, started in 1997 as a joint venture with Bank of Scotland.</strong></p>\r\n<p style=\"text-align: justify;\">While the descendants of John James – who in 1869 opened the grocery shop on Drury Lane in London that would eventually turn into a veritable retail empire – still maintain a sizeable stake in the business, the company went public in 1973 and now has the Qatar Investment Authority (QIA) as its single largest shareholder with a 26% participation in the company.</p>\r\n<p style=\"text-align: justify;\">Like few others in its sector, J Sainsbury has expertly navigated the ups and downs of its home market by rolling out novel retail concepts while keeping the tried-and-true in place. Sainsbury is no newcomer to innovation: the firm was one of the first to embrace then then-revolutionary concept of self-service shopping. In fact, its long-standing “quality foods at fair prices” has remained central to the Sainsbury brand throughout the company’s existence – delivered in different, yet recognisable ways, as consumer tastes and demands changed.</p>\r\n<p style=\"text-align: justify;\">The CFI.co judging panel is happy to present J Sainsbury with the 2016 Best Corporate Governance United Kingdom Award.</p>",
    "content_sha256": "fc3a69fa60dc56b5cc36dfb7327148a2647edb6496426b985ab9d38982b26d54",
    "record_sha256": "45361bd935c4df8855e83dc21bcd621df55715b8b5a147edc6e54cd1c15d1fa3"
}