J Sainsbury Plc
engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandising and Clothing, Financial Services and Property Investments. The Retail segment distributes food, general merchandise, and clothing. The Financial Services includes Sainsbury's Bank Plc
and Argos Financial Services entities. The Property Investments segment consists of the British Land Company PLC
joint venture and Land Securities Group PLC
joint venture. The company was founded by John James Sainsbury and Mary Ann Sainsbury in 1869 and is headquartered in London, the United Kingdom.
yield very high at 4.76%.