Sainsbury (j) Share Discussion Threads

[buywell3] 03/7/2019 07:30

From the trading update today

Outlook

Retail markets remain highly competitive and promotional and the consumer outlook continues to be uncertain.



buywell notes:

This should impact BIG four supermarkets as ALDI and LIDL don't have the above problem

[edmondj] 03/7/2019 07:26

Tough market indeed. Now I see why I am getting '£3 off your next purchase of £20+' vouchers, nearly every time I shop at Sainsbury.

[spob] 03/7/2019 07:16

" Improving market share performance in a tough market "

yes ... i am scratching my head and narrowing my eyebrows

[spob] 03/7/2019 07:14

minus 1.6% for the quarter

the worst performance over the last year


is this a surprise to anyone here ?

[poikka] 02/7/2019 18:06

No probs, Tim, just the way I read it.

Anyway, Q1 tomorrow. Little bit concerned about margins with all the offers they've been dishing out. Must fill up the missus' car with 10p off before the deadline. Every penny counts, as their competitor used to say, which is why I'm filthy rich ;).

[waldron] 02/7/2019 16:47

loganair
2 Jul '19 - 16:40 - 20034 of 20034

why not use it as leverige and ask for support from sainsbury

SUPPORT MINORITY GROUPS



such as ................


get sponsors

USE THE NEWS TO YOUR ADVANTAGE

loss of memmory is another ever increasing minority group


cheers

[tim 3] 02/7/2019 15:57

Polkka.

Was not lecturing you, apologies if it came over that way was just pointing out my opinion that they do a good job in supporting autistic people.

[poikka] 02/7/2019 15:55

And I have always been of the opinion that Sainsbury's do a grand job in employing and supporting people with learning difficulties.

[poikka] 02/7/2019 15:53

time3, I your haste to condemn and sound righteous, you missed my point which was that if they're going to proudly support LGBT+, then they should include every other minority group. Personally, I'm sick of hearing and reading of the term when there are so many other minority groups which should receive equal recognition - if that's the route society wants to go down.

And you absolutely have no need to lecture me on autism, and I won't say more than that.

[chiefbrody] 02/7/2019 13:50

Current valuations! FTSE is massively undervalued lol (due to external pressures (our stupid leaders and the fear of Commy Corbyn). If we ever get a decent government, todays prices are a giveaway,

[tim 3] 02/7/2019 13:34

Sainsburys has always done a lot to support people with learning difficulties and Autism.They are perfectly capable of doing many of their jobs and once trained they become loyal members of the team. Personally I think they should be commended for it.

[s34icknote] 02/7/2019 13:25

Ex div soon ?Sicknote

[poikka] 01/7/2019 10:08

Loganair - "Sainsbury's is better off trying to differentiate itself from the discounters by giving shoppers a better customers experience when shopping and better quality foods."

That is exactly what they are doing. Obviously, they can't refresh all stores at once. Nothing wrong with the quality.

[robot ic1] 30/6/2019 10:56

Qantas ,black gold hammering up, delivery costs are rising

[loganair] 29/6/2019 09:46

s34 - much of Sainsbury's increase in profit is still coming from lowering Argos costs, by bringing more Argos stores to fill empty spaces in the larger Sainsbury's stores.

Each Argos store closed and moved into a Sainsbury's store, could save as much as £1/2mln a year in costs.

This was one of the main cost savings with the ASDA merger. ASDA mainly has large stores and to bring Argos'es into these stores would save at least £100mln.

The difficulties the so called big 4 supermarkets is they're set up and run like they're were 30 years ago whereas the likes of Aldi and Lidl were set up to be discounters and have always been run as discounters. Therefore the likes of Tesco, Sainsburys and Morrisons can not really compete on price with Aldi and Lidl. Asda is better off as it has Walmart behind them.

Sainsbury's is better off trying to differentiate itself from the discounters by giving shoppers a better customers experience when shopping and better quality foods.

[loganair] 29/6/2019 09:37

One of the main problems I see with Sainsbury's as with other chain stores, they are too London centred, only thinking about what sells in London and the Home Counties then stock their stores, especially clothing with what suits London and the Home Counties throughout the whole of the UK.

How would I get round this, move their head office to maybe the Northern Power house, any where but Manchester, maybe Leeds or Sheffield or even Liverpool. I would also do the same for Parliament and the Civil Service, still leaving London as the capital of the UK.

Worth watching 'Yes Minister' and the 'Transport Suprimo' and the Head of the Cvil Service talking about Transport Policy and transport outside of London and the Home Counties.."most probably, I don't know about that.'

[s34icknote] 29/6/2019 07:28

Underlying earnings per share at full year were up 7.8 percent .Debt down 222 million Sales up !Eps 22p Share price gloom all about one off costs from merger and Asda costs .Sicknote

[poikka] 28/6/2019 13:56

Q1 next week.