||ORD 28 4/7P
||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Sainsbury Share Discussion Threads
Showing 20426 to 20450 of 20450 messages
|Argos buys the majority of its goods in $US
Since it was bought , the value of the GBP has tanked V the $US
The update says that Argos growth has gone up by 3%
I estimate the cost of goods due to dollar strength is now around 30% higher|
|makes for a great door stop|
|I bet the new catalogue weighs a ton!...surely there must be lots of stuff that hardly sells...or not in greater quantity..|
|According to Kantar Worldpanel, which revealed price deflation in the UK grocery sector eased off to 0.8%, Tesco grew sales by 1.3% and market share by 0.1 percentage points to 28.2%, its first market share growth in five years.
Meanwhile, Sainsbury's sales fell by 0.4% but its market share also grew by a percentage point to 16%.
Morrisons sales were down 3.0% due to the effect of the sale of its convenience stores late last year but its market share remained at 10.4%.
Asda's sales dropped 5.2% - despite a premium own label sales increase of 8%. Its market share declined by one percentage point to 15.6%.
Other retailers winning market share this month include Iceland, Co-op and Waitrose. Iceland increased sales by 6.9 per cent with success across the store, not just in its core frozen lines which this period accounted for only 41 per cent of sales. Chilled and ambient grocery sales also grew, as did Iceland’s branded soft drink and frozen ready meal lines, and market share rose by 0.1 percentage points to 2.1 per cent as a result.
Co-op recorded its 17th consecutive 12 weeks of growth this period.
Mr McKevitt said: “Co-op’s sales are up by 3.1 per cent compared to a year ago, taking share up to 6.5 per cent of the market.
“Consumers are continuing to buy from Co-op stores more frequently with the average shopper now visiting almost twice a week – an 8 per cent increase. “The convenience retailer is responding to challenges from the wider market by focusing on its own label lines, with its re-launched membership card rewarding shoppers who choose Co-op’s own products.”
Waitrose is still enjoying a sales uplift with sales growing by 3.5 per cent and contributing to a market share increase of 0.2 percentage points to a total of 5.4 per cent.
At Aldi sales increased by 11.4 per cent while at Lidl they grew by 8.4 per cent, taking market share up to 6.2 per cent and 4.6 per cent respectively and maintaining the combined market share high of 10.8 per cent which the two retailers achieved last month.|
|Argos just had their new catalogue out.
On time for Xmas.
This is what it will boost Sainsburys' profits.
Remember the year high was 290p and now trading in its lows.
And will be a good dividend this year with the other parts of SBRY making a profit like the banking sector, the clothing, the Home delivery.|
|Well bully for you, I am blocked after a couple of views and invited to subscribe.
Maybe something to do with living in France.|
I read it most days never paid a penny|
|For those who do not subscribe to the Telegraph.
|Chartwise looks like a new low coming sub 200p|
|This doesn't look good on the candlestick chart. Today's black candle has wiped the last 5 white (indecisive) candles like a form of bearish engulfing.|
This guy knows his stuff...sit up.|
|Just tell me what the Ebitdarc number is
nobody mention the p word!|
|By the holidays, customers of J Sainsbury Plc will be able to take advantage of more mobile capabilities.
Leveraging its acquisition of the Home Retail Group, which closed last month, Sainsbury will begin adding Argos branches or click-and-collect distribution points inside almost all of its stores.
The acquisition added 739 Argos outlets and three Habitat home-furnishing stores to Sainsbury’s portfolio, which already consists of 601 supermarkets and 782 convenience stores around the U.K. More than a dozen mini-stores and collection points already operate inside Sainsbury’s shops, and 19 more will open before Christmas. 200 Sainsbury’s stores will also have Argos click & collect counters by Christmas.
The move is expected to result in hundreds of Argos outlets located near to Sainsbury’s stores closing with a recent report suggesting up to half the 739-strong chain could be disposed of over the next few years.
Sainsbury is further raising the bar on delivery times with tests of a mobile app, called Chop Chop, which offers same-day deliveries in south London.
Coupe commented: “The trend towards shopping in convenience stores and online is well-documented, but supermarkets still take more than £1 in every £2 spent on groceries in the UK and will do so for the foreseeable future.|
|First Habitat (was part of the Argos aquisition) concession opens in Sainsbury's as part of multi-channel strategy.
The Mini Habitat store is located in the newly-refurbished Sainsbury’s in Nine Elms, London. The concession measures 2,000 sq ft and has been designed by Habitat’s in-house design team.
The concession stores carry an edited range of around 600 products at a range of price points. Integrated digital screens encourage exploration of the full range of more than 4,500 products. These can be ordered for home delivery.
“This new relationship with Sainsbury’s offers the Habitat brand significant growth potential,” says Habitat managing director Clare Askem. “We’ll be working closely with Sainsbury’s in these pilot stores to understand the full potential of this format and gauge customer reaction, but I’m confident that our brand will connect with Sainsbury’s shoppers and make Habitat more accessible to shoppers
both on the high street and online.”
Sainsbury’s chief executive Mike Coupe adds: “This is the start of an exciting new phase for us and I’m delighted that we’ve been able to open the first Mini Habitat so quickly in our new flagship and Nine Elms. Habitat is a fantastic, iconic brand which I’m sure will be very popular with Sainsbury’s customers who will benefit from being able to ship across all of our brands under one roof.” The Nine Elms store also features a branch of Argos.
Four further Mini Habitat stores, all measuring between 1,400 sq ft and 2,000 sq ft, are scheduled to open, in Sainsbury’s stores in Reading, Solihull, Epsom and St Albans.|
|Sainsbury’s new retail concept, designed by consultancy Dalziel & Pow, includes click and collect points for both Argos and eBay, which the supermarket says are designed to make for a more convenient shopping experience.
“Extra choice and convenience”
The two retailers first announced the concept in 2015, claiming that the move will bring “extra choice and convenience” to customers of both stores.
Sainsbury’s CEO Mike Coupe, says: “It’s an exciting time in retail. Customers want convenience, flexibility, speed and the choice to shop in stores or online, whenever and wherever they want.
“Whether it’s home delivery, Click & Collect, or a visit to one of our stores, our customers will benefit from great quality products, services and fast delivery.”|
|The supply situation with Tesco involving the price of Marmite and other products has been successfully resolved, Unilever said.
A Tesco spokesman said: "We always put our customers first and we're pleased this situation has been resolved to our satisfaction."
Steven Dresser, retail analyst at Grocery Insight, said there was likely to be a round of price hikes in January as retailers look to pass on higher costs once the festive season is out the way.
"No one wants to put prices up ahead of Christmas. Others may just wait until January."
"It's only going to get more painful," he cautioned.
(It seems to me what is being said is that Uniliver agrees not to put up their prices until after Christmas, then they´ll go up by 10% I would imagine at Sainsburys also.)|
|drop in pound affects all supermarkets operating in the UK|
|The answer is simple - buy more British product
But the remoaners hate that idea|
|What's people's opinion on how the drop in the pound will affect lidl and aldi in terms of import costs as a large amount of there produce is from Europe?Could a dip in their profits boost the like of sainsbury and Tesco?Like the Tesco , Unilever disagreement has show n how import costs are affected|
|Good points Spob (re Argos).|