He stated Lord Sainsbury was “a shopkeeper to his core” and “was ambitious for the business and led Sainsbury’s by way of an unparalleled time period of advancement he was a really inspirational person”.

Martin Scicluna, existing chairman of Sainsbury’s, additional: “Beneath his stewardship we modernised our shops, created our foods ranges and floated Sainsbury’s on the London Stock Exchange in what was, at the time, the UK’s most significant-at any time first general public featuring.

“He was knighted by Her Majesty the Queen in 1980 for providers to the foodstuff retailing marketplace, designed a lifetime peer in 1989 and in 1992 was appointed as one particular of only 24 Knights of the Garter.

“In modern several years, he hosted a pay a visit to by Her Majesty the Queen to celebrate the 150th anniversary of our business. He will be tremendously skipped by the board and all his pals and colleagues at Sainsbury’s.

“We send our condolences to Lord Sainsbury’s wife Girl Sainsbury and the relaxation of the Sainsbury household.”