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.
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. They do, however, continue to control approximately 15% of the shares.
Read more about this topic: John James Sainsbury
Famous quotes containing the words business and/or career:
“I ignore all the doomsaying nonsense. I’m in a business where the odds of ever earning a living are a zillion to one, so I know it can be done. I know the impossible can become possible.”
—Marcia Wallace (b. 1942)
“I’ve been in the twilight of my career longer than most people have had their career.”
—Martina Navratilova (b. 1956)