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SBRY Sainsbury (j) Plc

264.20
-0.20 (-0.08%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sainsbury (j) Plc LSE:SBRY London Ordinary Share GB00B019KW72 ORD 28 4/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -0.08% 264.20 264.60 264.80 265.00 262.00 264.20 9,925,045 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 32.7B 137M 0.0581 45.58 6.24B
Sainsbury (j) Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker SBRY. The last closing price for Sainsbury (j) was 264.40p. Over the last year, Sainsbury (j) shares have traded in a share price range of 244.10p to 310.60p.

Sainsbury (j) currently has 2,356,866,697 shares in issue. The market capitalisation of Sainsbury (j) is £6.24 billion. Sainsbury (j) has a price to earnings ratio (PE ratio) of 45.58.

Sainsbury (j) Share Discussion Threads

Showing 20376 to 20398 of 24200 messages
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DateSubjectAuthorDiscuss
30/7/2019
10:28
1. Putting in restaurants in some of their supermarkets to fill up space...Tesco done that and failed.

2. Selling kosher food - what ever happened to that?

3. The latest is selling vegan food which more than likely will also go down the pan.

4. Foreign exchange kiosks, very rarely see customers in our local Sainsbury's foreign exchange kiosk, not surprising as very poor exchange rates being offered.

5. Offering tree loads of coupons - Failed


Sadly Sainsbury's TU clothing which was the best quality of all the supermarket clothing has gone right down hill in quality over the past 18 months.

loganair
30/7/2019
10:17
What is Coupe going to do,to turn this ship around I wonder,now that the Asda deal is well and truly dead and buried.What is he going to do about declining market share? Doing nothing is not an option.He is certainly paid enough to come up with answers.He needs something big to make an impact on this tough market.If he feels he cannot do it,then let some other bright light(hopefully) have a go.
imperial3
30/7/2019
10:15
It seems to me Sainsbury's need a long term plan rather then just following the latest short term Fad.
loganair
30/7/2019
09:16
I think being creative here is the key.

Rewarding customers to shop instore maybe even offering a discount to customers ordering on line or a money off voucher if they collect their purchase.

tim 3
30/7/2019
09:10
Given how terrible the share price is, and, how poorly Sains is rated by investors etc, i'd be well supportive of them ditching online.They have over 20B of sales a year, yet struggle to make over 500M profit.They need to concentrate on increasing their margins for a while, not sales.
chiefbrody
30/7/2019
09:04
I notice at my local Iceland, their home delivery seems to run on the customer going to the stores, doing their shop as normal then after they've paid at the check out there is one member of staff packing the shopping into brown trays for home delivery...this seems like it could be profitable.

Look what M&S have just done a couple of moths back, buying 50% of Ocado UK for around £750mln to be able to offer their customers on-line home delivery when the average M&S shopping basket does not warrant home delivery. I understand M&S are doing this hoping that the average size of the shoppers basket at M&S will significantly increase - to pay off the average basket size will need to more than double.

loganair
30/7/2019
08:52
loganair30 Jul '19 - 08:49 - 20207 of 20207
0 0 0

It seems to me having on-line home delivery is just away of the supermarkets bolstering up their market share as I can only see it as being loss making.



This is exactly the case imo.

Would be a brave company that stopped offering it though but the discounters do fine without it.

tim 3
30/7/2019
08:49
It seems to me having on-line home delivery is just away of the supermarkets bolstering up their market share as I can only see it as being loss making.

What I see in supermarkets is most staff their productivity being extremely low, often chatting with each other and when actually stacking shelves doing so at an unbelievably slow rate.

I remember reading a couple of years ago that Aldi and Lidl staff have the highest productivity rate per customer amongst the top 10 supermarkets in the UK. The low productivity among most UK supermarkets is why they perform to poorly.

Competition is supposed to drive out poorly performing stores, sadly with so much cheap money that can easily be borrowed by the supermarkets this is not happening.

"There seems to be a clear strategy switch happening in the at least some of the big supermarket chains. It may be that the pattern shows a UK retail strategy that is adapting to the particular preferences of UK consumers. In densely populated cities, where consumers like to buy fresh food, generally walk home from work and shop more than once a week, the optimal strategy may to be have a large number of small conveniently located stores." Tesco started expanding this format well ahead of Sainsbury's, while Asda has kept with the one size fits all large supermarket format.

loganair
30/7/2019
08:45
Yes thats correct but the amount stored in the back is a small fraction of total lines.

Also depending on the store most product in the warehouse are stored in cages or similar and would be much harder and take longer to pick than on the shop floor.

Many stores have now stopped night shifts but you are right they are more efficient and easier to manage but they are also much more costly with premium rates often paid.

tim 3
30/7/2019
08:36
Small cube Excess stock goes above top customer shelf on sales floor and big cube stays out back drinks, cereals toilet rolls etc. Yes day staff do little work chatting mobile use but night staff don't!....
rolo7
30/7/2019
08:30
Loganair.

The way supermarkets work now is deliveries come in large mixed product cages and pallets and are put straight on the shop floor hardly anything is stored in the warehouse.

Picking in the back is just not practical.

tim 3
29/7/2019
22:11
So you think it is a good use of supermarket staff, for one to stack the shelf and 5 minutes later for a second member of staff to take that same item off the shelf and put in a green plastic bag for on-line home delivery.

Most the time I see around 10 members of staff walking all around the supermarket packing their green plastic bags for on-line home delivery and my word don't these supermarket staff do this packing ever so very slowly.

It seems to me an unproductive use of so many members of the supermarkets staff.

One medium sized supermarket is spending around £1,000 per day on their on line home-delivery. Supermarkets have at best a 3% margin which means this one medium sized supermarket will need to sell and deliver around £33,000 worth of on-line home deliveries to break even per day.

loganair
29/7/2019
20:18
I see Coupe is going to open some restaurants in stores. Well according to the Telegraph.

I think he should ring up Phil Clarke and ask him how he got on buying Giraffe and opening some branches in a few Tesco stores!

What did Dave do as soon as he became CEO of Tesco? sell em!

Coupe - you could not write it.

He is the Teresa May of Sainsbury - bring on Boris.

konradpuss
29/7/2019
16:59
Thanks chiefbrody.
imperial3
29/7/2019
15:00
Fairly safe.They only just raised it a tad after a few years of cuts. Would look like idiots (even more) if they cut it again so soon.
chiefbrody
29/7/2019
10:01
How safe is the dividend?
imperial3
29/7/2019
07:02
SBRY RSI dropping back once more

10 level could IMO get hit once more soon

buywell3
28/7/2019
23:52
For all the grumbling old farts on this BB
muffinhead
28/7/2019
23:18
"the manager no longer has the right to tell his staff what to do when they are acting in a private manner - like being on their mobile phone or chatting with each other"


Phone use: If not already policy, then it should be and managers should enforce it


Banter amongst staff can increase productivity and job satisfaction


Just like banter on here helps pass the time and stimulate the grey cells!!

muffinhead
28/7/2019
22:05
The manager said 20 years ago the manager had much more say over the staff, however today unless it is to do with health and safety the manager no longer has the right to tell his staff what to do when they are acting in a private manner - like being on their mobile phone or chatting with each other.

Down 1 isle, there were 4 members of staff stacking shelves, chatting to each other etc...I could have packed the shelves on my own in half the time.

Sadly the productivity of many supermarket staff is very low, very low indeed. huge savings could easily be made in this area if the supermarkets increased the productivity of their shop floor staff.

In my experience Tesco's staff are the worse while Waitrose are the best.



In our local Tesco's, 98% of goods arrive in two lorries at the same time.

loganair
28/7/2019
21:05
I know for a fact that Sainsburys staff are allowed to use mobiles on the shop floor and believe me they do!
tim 3
28/7/2019
20:38
>
loganair
28 Jul '19 - 19:58 - 20190 of 20191
I asked a supermarket manager about staff being on their mobiles and he said that he could not stop them unless they're actually moving a cage around the shop floor as stopping them is against the workers rights.

.
We all know this is BS

muffinhead
28/7/2019
20:37
fulfilling an online order from the warehouse not a great idea currently...

1. typically poor hygiene environment

2. everything is in boxes... fresh fruit, packed chilled meat, dairy and perishable goods have a short shelf life

3 large pallets of products have several items, tightly wrapped in cling film. Removing single items makes the pallet stacking unstable

4. warehouse deliveries may vary during the day exposing packing staff to moving equipment

5. stock control... items have to be checked out of the store so the items are automatically reordered

all easier to do from the aisles

muffinhead
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