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Sainsbury (J) (Sainsbury (J)) Accounts Payable & Accrued Expense for Financial Companies


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What is Sainsbury (J) Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Sainsbury (J) (Sainsbury (J)) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sainsbury (J) PLC (OTCPK:JSNSF) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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33 Holborn, London, GBR, EC1N 2HT
Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, 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. It has been selling products online since 1997.