Jacksons Stores
Company type | Private |
---|---|
Industry | Convenience stores |
Founded | 1991 |
Founder | William Jackson |
Defunct | 2008 |
Fate | Converted into Sainsbury's at Jacksons then Sainsbury's Local stores |
Headquarters | 40 Derringham St, Hull |
Area served | Yorkshire and North Midlands |
Key people | Angus Oughtred (Managing director) |
Parent | J Sainsbury plc |
Website | www.jacksons-stores.co.uk |
Jacksons Stores Ltd, named after William Jackson, the man who founded it, was a British chain of 114 convenience stores in Yorkshire and the North Midlands that was founded in 1991 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 store market.[1] After the takeover 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 the wider controversy of the major supermarkets move 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
References
- ^ Mesure, Susie (2004-08-17). "Sainsbury's snaps up Jackson convenience stores chain". The Independent. Independent News and Media.
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(help) - ^ Bevens, Nick (2004-08-17). "Sainsbury's increases its stake in the booming convenience store sector". The Scotsman. The Scotsman Publications. p. 48.
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(help) - ^ Wheatcroft, Patience (2004-08-17). "Ministers must hear auditors' call". The Times. London: Times Newspapers. Retrieved 2007-03-07.
External links
- Sainsbury's - Company website.
- J Sainsbury plc: Our businesses