Jacksons Stores
Company type | Private |
---|---|
Industry | Convenience shops |
Founded | 1891 |
Founder | William Jackson |
Defunct | 2008 |
Fate | Converted into Sainsbury's at Jacksons then Sainsbury's Local shops |
Headquarters | 40 Derringham Street, Hull |
Area served | Yorkshire and North Midlands |
Key people | Angus Oughtred (Managing director) |
Parent | J Sainsbury plc |
Jacksons Stores Ltd, named after the founder William Jackson, was a British chain of 114 convenience shops in Yorkshire and the North Midlands that was founded in 1891 by the Hull-based William Jackson & Sons Ltd and sold to Sainsbury's in 2004, an acquisition which doubled that company's share of the convenience shop market.[1] After the takeover by Sainsbury's, many Jacksons Stores were initially refurbished to trade under the Sainsbury's at Jacksons brand. This brand was phased out and replaced with the Sainsbury's Local brand by March 2008.
Shortly before the Sainsbury's acquisition the chain was voted Britain's best independent retail chain.[2]
Sainsbury's acquisition of Jacksons Stores was part of a wider strategy to expand into the convenience sector. The deal was not subject to a competition inquiry due to the precedent of Tesco's T&S Stores acquisition; The Office of Fair Trading took the view that the convenience sector was distinct from the supermarket sector.[3]
See also
[edit]References
[edit]- ^ Mesure, Susie (17 August 2004). "Sainsbury's snaps up Jackson convenience shop chain". The Independent. Independent News and Media.
- ^ Bevens, Nick (17 August 2004). "Sainsbury's increases its stake in the booming convenience shop sector". The Scotsman. The Scotsman Publications. p. 48. ISSN 0307-5850.
- ^ Wheatcroft, Patience (17 August 2004). "Ministers must hear auditors' call". The Times. London: Times Newspapers. Archived from the original on 12 June 2011. Retrieved 7 March 2007.
External links
[edit]- Sainsbury's - Company website.
- J Sainsbury plc: Our businesses