||ORD 28 4/7P
||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Sainsbury Share Discussion Threads
Showing 20651 to 20675 of 20675 messages
|Just seen the nice Sainsbury's tv advert - brilliant! Makes Sainsbury's cool place to shop.|
|The idea is you sell your shares and they buy them cheap ha ha ha. Gordon Brown was daft enough to listen to these idiots when he sold off the countries gold reserves at record lows. They are nothing but glorified salespeople. All they want is your money|
|Not that long ago a highly paid analyst was predicting that these would fall to less than 200p.I wonder how these guys justify their salaries for a forecast like that.|
|Siobhan Gehin, managing director at consultancy Kurt Salmon, said click-and-collect is increasingly seen as a more cost effective and faster way to make deliveries, as many shoppers cannot guarantee to be in when a delivery arrives.
She said the average time for standard delivery was almost four days, compared with little more than two for click-and-collect.
‘Over the next year, we anticipate that retailers will be looking even more closely at how they can best meet customer demand and service expectations during peak times, particularly with store deliveries as click-and-collect grows in popularity,’ she said. Online grocery sales were £10.5billion last year, according to the Institute of Grocery Distribution think-tank. It expects that to increase to £17.6billion by 2021.
One senior executive at a rival supermarket said: ‘The home shopping sector is now all about logistics and fulfilling orders. With the take over of Booker, Tesco suddenly has a network twice the size of the previous one to consider offering its general merchandise or even food.
The consultancy GSCOP, which advises suppliers on the Grocery Supplies Code of Practice, said that ‘thousandsR17; of suppliers are financially exposed because they are trading with major supermarkets on a handshake.
Many could face problems when renegotiations under the Tesco deal begin and as other supermarkets look for discounts as the value of sterling falls.
Sainsbury’s chief executive Mike Coupe said last year that he expected suppliers to ‘mitigate cost pressures they might feel through their supply chain’ before asking for price rises.
GSCOP director Ged Futter, a former supermarket buyer, said he expects to meet the Groceries Code Adjudicator this month to raise his concerns over the situation after speaking to hundreds of suppliers over the past two years.
‘Supply agreements are few and far between. Where they are in place, they are often not fit for purpose,’ he said.
Without contracts suppliers have no recourse to complain to the adjudicator.|
|The people I know who have got plenty are the one's who don't look like they have two bob to rub together. I also know a few people who look like they have plenty who are actually potless. I was once asked by a fellow dealer if I would guarantee a cheque off someone. I said who and he pointed to an old fella who I knew very well. I smiled to myself because he was probably the richest dealer in the whole auction. I don't think he would give a toss if you saw him in Aldi or Lidl or in a food bank for that matter :o)|
David Hudson said: "The Waitrose is a lovely store which you can browse around at your pleasure with no riff-raff or little urchins running around causing havoc.
|Many people with money image is very important to them.
I often shop a Waitrose because of it´s calm and relaxing atmosphere and excellent customer service.|
|When you are trully well off, you couldn't care less what other people think.|
I know millionaires who shop in Lidl / Aldi in addition to the others.
I wonder how many people shop in MKS/Waitrose/etc because they want people to "THINK" they are well off. LOL|
|Aldi/Lidl - for when life didnt turn out the way you had hoped|
|Shorters being squeezed currently.|
|Rather positive sentiment today|
|I should have closed the Sainsbury short and not the Tesco one! Still in the money - just!|
|The Competition and Markets Authority (CMA) could stop Tesco's proposed £3.7bn takeover of Budgens and Londis owner Booker, according to a retail body that represents 33,500 local shops.
"The CMA could either stop or put conditions on the deal," James Lowman, chief executive of the Association of Convenience Stores said.
"The deal was a real shock, no one saw it coming. We expect the CMA will make a proper and informed analysis based on a detailed understanding of the market. We will assist them in any way we can."
Ocado chairman Lord Stuart Rose said the watchdog could scrutinise the deal because it may result in majority of small shopkeepers being supplied by Britain's biggest supermarket.
“The Competition and Markets Authority (CMA) will be all over it like a rash, and they should be. The small shopkeepers are now effectively going to be supplied by Tesco,” Lord Rose said.
Tesco is using Booker to get a bigger slice of the £85bn “out-of-home8221; market, which it sees as growing faster than so-called “in-home”; eating. Eating out will continue to rise, while delivery and convenience will be “key customer requirements”.
Booker boss Charles Wilson said: "We think this is a pro-competition deal."
Booker has 5,400 stores, supplies 120,000 indepedent retailers and 450,000 caterers and trades from 172 wholesale branches.
If the deal goes through, Tesco’s share of the convenience retail market will jump from around 17pc to 28pc, while its share of the grocery market will increase by 2%.
The likes of the Co-op, Spar, Nisa and Costcutter to have expressed some strong opinions.|
|I hope David Tyler used a fully diverse staff. If so then that's OK me thinks. The latest advert is the most sickly yet. Talk about political correctness. Food dancing....Blimey, why on earth did I ever invest in this stupid company?|
|Chris you should sell you story to the press then. I'm sure it would be worth a bit for any who are directors of well known companies.|
|Nothing extraordinary, when I had my construction co. in London we were often doing jobs on the QT for directors of major companies who we wanted to keep sweet.|
|I'm a shareholder, so this is quite sickening.|
|The other directors need to consider their positions now as they should have voted him out.|
|Extrordinary story - he clearly does not understand 'conflicts' in terms of his position, a key requirement. He should resign.
(My March short position is looking safer).|
|Appalling news story. Chairman David Tyler should be forced out if he doesn't realise he should have resigned.|
|Getting in before papers and/or unions get hold of it I would think|
Why would Sainsbury's publicise this story
Loose lips perhaps|