Sainsbury (j) Share Discussion Threads

[loganair] 29/6/2022 11:55

What I've noticed in Tesco's many prices are up between 20% and 50%, one or two have even doubled in price while groceries that have not gone up have shrunk in size or putting in less of the more expensive ingredients.

[muffinhead] 29/6/2022 11:50

How have the cost of goods risen at YOUR supermarket? Shopping data reveals average price of items at Iceland has shot up 11% in a year, Aldi by 9.6% and Sainsbury's by 1.1%


Interesting that Aldi is now aggresively putting up prices which will help Tescos and Sainsbury's "Aldi price match" promotions


Sainsbury's sells 14281 products
Tescos sells 12626 products
Morrisons sells 12484 products

Aldi sells just 2204 produts so lots of scope for price matching

[blackhorse23] 27/6/2022 16:20

Sold & bought MCB ( LSE) ,

[loganair] 26/6/2022 19:49

Why is Sainsbury stagnating at best is an easy question to answer...

Because successive directors love the money their position brings rather than a love for the business - they also have very little Intelligence, integrity or are dedicated to Sainsbury.

[pjleeds] 26/6/2022 19:44

How much does the heat cost

[spob] 26/6/2022 13:38

Now they will spend 50% on energy bills and petrol for their cars

Food may have been 10% last year but not anymore

For the average that is probably back to near 30% again


I am seeing most things in Sainsbury's up by 20 to 30% in the last year

[loganair] 26/6/2022 11:41

In the 1960s and 1970s the average household spent 30% of their income on food whereas today it is no more than 10% as people seem to prefer to spend £2,500 on buying the latest 72" TV.

[loganair] 26/6/2022 11:22

Sainsbury's are being attacked on both sides, from the bottom by the likes of Aldi/Lidl and Tesco and from their top end by Waitrose.

In Sainsbury's heyday their margins were nearly 10%, whereas now days they're around 1.5%.

[creditcrunchies] 26/6/2022 11:06

I think you'll find it's the likes of Tesco's are chasing the budget lower quality end of the market though. Sainsbury's is mid tier. For higher quality it'll always be Ocado and Waitrose those places are for the real foodies that cook everything from scratch which my wife does. She has the meals of the day for each day of the week on a planner it's like looking at the menu of a good restaurant every night. Chasing market share is the race to thinner margins and higher turnover.

[loganair] 25/6/2022 18:07

Aldi/Lidl now have a combined 15.9% market share and is increasing my circa 1% per year.

[creditcrunchies] 25/6/2022 15:30

We used to shop during the financial crisis it's basic food that feeds a large family when money is tight no doubt about that. What we did find is that a lot of the vegetables, fruit, meat got wasted by the kids mainly. So when things picked up we switched to Waitrose, Tesco's, Ocado even Sainsbury. Less waste by the kids. Kind of sums it up to me.

[thegreatgeraldo] 25/6/2022 13:03

Point is, I remember the same chat roughly 15 years ago, in the wake of the banker crisis... pointed out (on the Tesco board at the muchly missed MF) that shoppers switching to Aldi/Lidl from the then oligopoly wasn't a temporary phenomenon....

..like it or not, Aldi & Lidl are very good food retailers, that's how they've carved out around 15% of the UK grocery market between them.

[creditcrunchies] 24/6/2022 21:19

I did try Aldi meat once unfortunately it wasn't a good experience it was probably the toughest steak I've ever eaten and I've eaten steak from a market in central Africa. Personally I'd go for HG Walters or Turner&George or Hawksmoor

[muffinhead] 24/6/2022 16:36

Analyst consensus updated 16th June

[muffinhead] 24/6/2022 16:33

World may have reached peak commodity inflation

Weekly chart...core commodity basket running out of Covid stimulus rocket fuel


Central banks...specifically the FED may have given speculators a bloody nose with 0.75% rise and "forward guidance" promise of more to come.

Commodity demand destruction will continue over next 12 months imo until producer price input inflation is put to rest


Maybe sell all shares dealing with commodities and be a contrarian buying supermarkets!

[thegreatgeraldo] 24/6/2022 15:22

CreditCrunchies24 Jun '22 - 08:28 - 22436 of 22438
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The best barometer is checking out the foot fall in the stores. At the end of the day they're consumer staples, good quality and we're still buying quality. Your Lidl,Aldi, Morrisons they're the desperation end of the market.

..Maybe you should visit an Aldi, try some of their lines & see if SBRY measure up on quality?

[justiceforthemany] 24/6/2022 15:15

Jim Cramer on CNBC says strong reports of Zelensky ready to concede part of Eastern Ukraine in exchange for ceasefire. Commodities have been falling hard, perhaps for this reason with more to come. In which case inflation has peaked.

[muffinhead] 24/6/2022 13:43

updated 16th June

[creditcrunchies] 24/6/2022 08:28

The best barometer is checking out the foot fall in the stores. At the end of the day they're consumer staples, good quality and we're still buying quality. Your Lidl,Aldi, Morrisons they're the desperation end of the market. We only used them as a last resort

[loganair] 21/6/2022 09:36

I do not think Sainsbury's will be able to adapt, in the same way legacy airlines are unable to adapt as they have a particular mind set and only ever try to compete on price and are failing to do so, just like many of the legacy airline brands.

It seems to me Morrison's are in the worse position as the private equity firm that took them over is slowly asset stripping the company to slowly pay down some of the debt they took on in order to take over the company.

[tuftymatt] 21/6/2022 09:18

They are valid points and very possible.
That said they may adapt to the competition, somewhat late and with difficulty I agree, so I guess we can only wait for the trading updates to see.

My view is both Tesco and Sainsburys will put up a fight and the next 12 months will determine how successful that fight will be long term.

[loganair] 21/6/2022 09:04

Sainsburys will never really be able to challenge the likes of Aldi and Lidl because of the way Sainsburys is set up, run and managed, in the same way legacy airlines are unable to challenge the likes of Ryanair which now carries more passengers than any other European airline.

Sadly Sainsburys is trying to live of its legacy, what it was during the 1970s to 1990s.

I posted several years ago that I thought by around 2025 Sainsbury's will stagnate at around 14% market share, Asda 13% and Morrison 8.5% while Aldi will have circa 12% and Lidl 10%.