Sainsbury (j) Share Discussion Threads

[imperial3] 10/2/2021 12:50

Amazon has profited extremely well out of the pandemic.It is only fair and reasonable that they pay a justifiable level of tax.The NHS and their heroes fully deserve their requisite compensation.

[loganair] 10/2/2021 09:01

Analyst Russ Mould said many customers who have moved to online shopping during the pandemic will make the switch permanent. That is good news for Ocado, which has ‘positioned itself right at the centre of the transition in the supermarket sector’.

[imperial3] 08/2/2021 19:08

Teletext has just reported Amazon's financial results which revealed that UK sales for 2020 totalled $26.5 bn.- a 51% jump from $17.5 bn in 2019.
Amazon's overall business rates bill for 2021 is estimated by researchers to be £71.5 m - just 0.37% of its retail sales.
They say this is far lower than what the retail sector typically pays.

This is utterly scandalous.Rishi Sunak please take note,and slap a tax on them which is commensurate with what other high street retailers have to pay.

[muffinhead] 08/2/2021 16:48

£250k for dropping 1 room... lol
Not your average pad then

[muffinhead] 08/2/2021 16:24

The Coming Retirement Crisis Explained and Explored (w/ Raoul Pal)



Raiding the pot: Pandemic deepens pensions crisis
The pressure on schemes has intensified with rates set to stay low and workers drawing down their funds



Most UK pensioners are living in their biggest asset...the house
They are asset rich but cash poor

There has been a hallowing out of the middle class due to debt to maintain lifestyles and lower paying 80% service sector employment. Children of the boomers are not so well off and have to pay stupid prices for housing with the lowest interest rates in 500 years. There has been an explosion in charity shops which is a UK phenomenon There is also an increasing tendency to work beyond 65 for money to make ends meet and for social reasons.

Sainsbury's main customer demographic is this post WW2 baby boomer generation. Now explain to me how Sainsbury's is going to change in the next 25 years when Uk boomers are six foot under and Asia is growing it's own middle class.

[netcurtains] 08/2/2021 13:43

Nerdlinger: It depends on how many children and grandchildren they have. My inlaws were always buying shirts and jumpers in Frasers for kids. I think the number crunchers have forgotten that boomers are set to retire.

[nerdlinger] 08/2/2021 13:35

My old mum loves the shops but she doesn't often buy anything, just goes 'round feeling things, always buys a posh coffee though.

[netcurtains] 08/2/2021 13:21

Anyone who thinks shops is dead should remember that once retired you spend quite a lot of time down the shops. Nearly all boomers are near or at retirement. There is going to be a massive demand down the shops to cater for quite well to do and growing retired boomer market. Shops is back!

Read the PDF for projected growth rates of people with time to shop:

[imperial3] 08/2/2021 12:23

Amazon should pay its fair share of tax here.They have got away with it for far too long.

[muffinhead] 08/2/2021 02:31

Supermarket chiefs ‘relaxed’ about Covid-19 windfall tax

[loganair] 07/2/2021 15:58

Sainsbury’s brings new format store to the market:


Sainsbury’s has relaunched its Hempstead Valley supermarket in Kent as a next generation new format store.

Spanning 62,000 sqaure feet, the shop features the retailer’s first Sainsbury’s Fresh Food Market and a new-look café and food-to-go hub. The retailer has also installed a self-service patisserie counter, takeaway hot food bar and pizza counter, and has transformed the store’s beauty department and clothing and home section.

The adjacent Sainsbury’s petrol station has also been redeveloped to enable it to offer more on-the-go ranges and home essentials such as cleaning products and toiletries.

Speaking of the new store, Sainsbury’s property director Patrick Dunne said: “We have completed an extraordinary amount of work to improve the product and service experience for our local customers and we know the changes we have made will be enjoyed for many years to come. We will also use many of the learnings throughout the phases of work, together with the ongoing feedback from our customers and colleagues on our changes, to help us as we continue to invest in our stores.

“We’re investing in our stores because we want our stores to be a hub of inspiration to help our customers create the plate of food that best serves them and their family.”

[poikka] 07/2/2021 15:45

"Argos may have to contribute" eh, wot?

[imperial3] 07/2/2021 14:42

The Daily Mail reported similarly.

About time too.Argos/Sainsbury's have for far too long to long had to compete with Amazon on an unlevel playing field.

Amazon has not had to pay business rates which high street retailers have to endure.

On the profits they make here,hopefully the tax authorities will take a decent slice.

[muffinhead] 07/2/2021 03:50

Amazon and online giants face tax raid on booming sales


Long overdue imo

Maybe food will be exempt but Argos may have to contribute

[tim 3] 06/2/2021 16:06

Erdinger alcohol free Is a lovely beer as good as the real thing.Some really good AF beers now a massively growing market for supermarkets.

[netcurtains] 06/2/2021 14:47

chiefbrody: That is my point. Ryan Air and Tesco has that all factored in and cant really do that much better.
See my point?
The firm that CAN do a lot better is Sainsburys. You invest for FUTURE not the present.

[chiefbrody] 06/2/2021 12:46

Gonna take more than just price increases.Margins are pathetic. Few hundred mill profit from 20B of sales.If Sains was run like Ryanair (ruthlessly efficient) they'd be raking it in.

[tardelli2] 06/2/2021 12:02

Prohibition knocking at the door, wait for sanctions on supermarkets !

[muffinhead] 06/2/2021 11:58

14 best alcohol-free beers to rival the real thing

[muffinhead] 06/2/2021 11:52

Wishful thinking net... we have seen the peak for supermarket spending


Exclusive: Pubs and restaurants could reopen in April – with no alcohol
Temporary 'booze ban' being considered as part of Government's roadmap for lifting lockdown