Sainsbury (j) Share Discussion Threads

[spob] 16/3/2020 09:24

people are mostly buying extra long life stuff

when the extra demand dies away

you will then have the opposite effect

an extremely quiet period whilst everyone uses up all that long life product

because at the end of the day their actual daily usage of that long life product will hardly change at all


are you going to wipe your bum more often if you have 500 bog rolls in your cupboard

NO is the answer

[spob] 16/3/2020 09:17

then you have the added complication of the snowball effect

when people see empty shelves they panic and they buy more because they know that's exactly what everyone else is going to do

so demand grows higher and higher exponentially

as far as i can see, the only way to stop the snowball is to introduce food rationing

[spob] 16/3/2020 09:12

"Why are supermarkets down. U seen the empty shelves and queues. Profits will be high "


Profits can only be high if those shelves are filled up again

So the question is, can Sainsburys match the sudden demand or will the opportunity to make hay be missed

if your sales suddenly jump 30% or more across 1000 plus stores, i would guess that matching that sudden demand is almost impossible

even if you have the stock at hand you need 30% more labour to process it, at all levels throughout the distribution chain


suppliers
supplier to depot drivers
depot pickers
depot to store delivery drivers
store replenishment staff
store checkout staff
store online picking staff
store online van drivers

etc etc

[kickingking] 16/3/2020 08:34

What ftse down over 10% and you think supermarket won't go down. You should be grateful sainsbury hardly moved where tesco is down over 3%

[easwarareddy] 16/3/2020 08:24

Why are supermarkets down. U seen the empty shelves and queues. Profits will be high.

[loganair] 15/3/2020 15:34

Germany will close its borders with France, Austria and Switzerland from Monday, according to the German newspaper Bild.

Closing of the border was not only to contain the Covid-19 epidemic but also to prevent panic bulk purchases by foreigners which was apparently causing supply problems in areas around the borders.

[tim 3] 15/3/2020 00:03

The staff mat be young and survive it but they will still have to self isolate if they catch it or they will spread it to older customers!

[boystown] 14/3/2020 21:10

Most SBRY staff are "young" in overall CV threat terms.

I think we're quickly reaching a stage where many thousands of people will have CV and we'll all just have to cope whilst going on about our normal activities; i.e. where protection is impossible for most - and very difficult for older people and the illness is endemic like normal flu but more lethal. This is a great shame for older people, but I really can't see any realistic alternative barring a miracle.

In this scenario, SBRY stores will become essential service providers to an even greater degree than they already are and the group will do reasonably well as a result.

If the best could happen and things aren't as bad as feared or there's some miracle breakthrough, somehow, then SBRY will recover along with everything else to around 220p at least, imo.

[konradpuss] 14/3/2020 21:04

tim 3 Just get a bidet installed.

Simples!

[tim 3] 14/3/2020 20:43

I could actually see them shutting non essential departments like bakery and counters once staff start phoning in sick which WILL be a massive issue.

[neilyb675] 14/3/2020 15:36

I can tell you that at Sainburys the Click and Collect is absolutely thriving, and on-line groceries never busier. New customer to both C&C and on-line going through the roof.

[boystown] 14/3/2020 14:43

I think it will be a boon for SBRY as a trusted supplier and deliverer. I still haven't bought any yet though!

[loganair] 14/3/2020 14:31

If the UK sadly has to take the same route as Italy and Spain at least Sainsbury's and the other supermarkets will be one of the bright spots as they'll be one of the few industries to keep trading, keep a revenue stream going and still are making profits.

[imperial3] 14/3/2020 12:38

No toilet rolls in our local Asda and Tesco stores in Liverpool.

[tim 3] 14/3/2020 12:14

Trust me it is very real toilet rolls go almost as soon as they are put out in larger shops and shortages are spreading to other areas too.

Ocado has taken its online offline.

[spob] 14/3/2020 11:43

Car park was already half full when my Sainsburys supermarket opened at 7am this morning

Never seen that before

Not even at Christmas

[copestake] 12/3/2020 21:46

Just tried to do a food order on Morrison's. Earliest delivery is Monday evening (usually next day) & a lot of items are out of stock.

[ny boy] 12/3/2020 17:41

No panic buying in Kensington & Chelsea, plenty of stock available, even toilet paper, no idea why people panic buy it, ffs..you can’t eat it!

Right off to buy hundreds of tins of baked beans and spam lol

[ny boy] 12/3/2020 14:21

No safe haven here, punters still buying food, no mercy here, bears are giving this a right seeing too, un investable at present imo