Sainsbury (j) Share Discussion Threads

[loganair] 20/9/2022 20:32

Sainsbury’s is opening a walk-in freezer concept store that will show customers how to freeze unsuspecting foods, saving surplus food going to waste and helping people save money. Sainsfreeze, the first of its kind walk-in freezer, looks like a regular Sainsbury’s from the outside, but once inside customers will be greeted with frozen groceries that they would usually buy fresh.

Upon entering customers will be greeted by shelves stacked with fruit and veg, dairy, meat, fish and baked goods – but everything will be frozen, and it’s all being given away for free.



This is ridiculous, giving away food for free - in the past 12 months I've had to throw away 2 x 1/2 a bottle of milk due to going on holidays and 1/2 punnet of Blueberries and that's it as I'm very careful when buying any food to make sure it has the longest date left on it.

[loganair] 20/9/2022 17:25

Nearly at my first price target of 180p which so many on this thread pooh-poohed this time last year when I mentioned it as they did my 150p low during as it was then, the up and coming stock market down turn.

[tuftymatt] 20/9/2022 16:29

It's in addition to the annual review / increase spob.

[spob] 20/9/2022 16:06

Something strange going on here


The true rate of inflation is around 20-30%

Sainsbury's staff get 2% pay rise

Nice

[dipa11] 20/9/2022 15:15

Shorting is going to be reduced!

[blackhorse23] 20/9/2022 08:47

Received lovely dividend today from CURY , excellent. https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[smurfy2001] 17/9/2022 11:40

‘Big four no more’: where now for UK grocers as Aldi overtakes Morrisons?

[gswredland] 15/9/2022 17:04

Thank you for your help guys

[loganair] 15/9/2022 16:44

Former Lidl UK boss Ronny Gottschlich has predicted that German retailers Aldi and Lidl combined will overtake Tesco – currently the UK’s largest supermarket – within the next five years.

Gottschlich, who ran Lidl’s British operation for six years until 2016, said that between them, Aldi and Lidl would “overtake Tesco by 2027 at the latest”. He also believes they will “grow their combined market share – currently at 16% – to 20% within the next year and a half.”

Between them, Lidl and Aldi have gained £2.3 billion of British grocery sales over the past year, representing a significant shift in spending towards the relative newcomers to the UK market.

As market leader, Tesco currently has 26.9% of the UK market share, while the next largest, Sainsbury’s, has 14.8% of the sector, placing the discounters’ combined efforts firmly in second spot.

He pointed out that Lidl’s owners, the Schwarz family, make a margin of just 2% – worth a total of £2.4 billion a year. “As a family you cannot spend that amount of money”, he said.

[bountyhunter] 15/9/2022 14:58

No problem gsw, details are below, & this is also in the header on the other thread (where I compare Sainsbury's with Tesco's and Ocado having being uncertain which to invest in - I chose Sainsbury's based on the yield and takeover potential)...

[loganair] 15/9/2022 13:25

John Lewis Partnership reported a loss for the first half of the year and warned that the outlook for the rest of 2022 was highly uncertain due to the impact of the cost of living crisis on discretionary spending.

The employee-owned group runs John Lewis department stores and the upmarket Waitrose supermarket chain.

Today it logged a loss before tax and exceptional items of £92m in the six months to July 30.

It said that while department store sales were up 3% on a like-for-like basis to £2.1 billion, Waitrose sales dropped 5% to £3.6 billion.

[loganair] 15/9/2022 11:35

Usually around the 2nd week of November.

[gswredland] 15/9/2022 11:28

Thanks bounty.
Does anyone know when it does go ex divi please? Just can't find it!

[blackhorse23] 14/9/2022 23:18

https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[gswredland] 14/9/2022 20:49

Has this recently gone ex divi please guys?

[blackhorse23] 13/9/2022 16:11

Another electronic retailers CURY (LSE) , paying dividends & even buying back shares worth £75 m due to robust trading performance , EXCELLENT GROWTH

[loganair] 13/9/2022 13:56

How has market share changed for the various supermarkets over the past year and 2 months?

........June 2021.June 2022.......July.....Aug.....Sept

Tesco.....27.3% - 27.4% : +0.1%...27.1%...26.9%...26.9%
Sainsbury 15.7% - 14.8% : -0.9%...14.9%...14.8%...14.6%
Asda......14.6% - 13.8% : -0.8%...13.7%...13.9%...14.1%
Morrison..10.4% - *9.5% : -0.9%...*9.4%...*9.3%...*9.1%
Aldi.......7.4% - *9.0% : +1.6%...*9.1%...*9.1%...*9.3%
Lidl.......5.9% - *6.9% : +1.0%...*7.0%...*7.0%...*7.1%
Coop.......6.0% - *6.1% : +0.1%...*6.3%...*6.5%...*6.5%
Waitrose...5.0% - *4.9% : -0.1%...*4.6%...*4.6%...*4.7%
Iceland....2.5% - *2.3% : -0.2%...*2.3%...*2.3%...*2.4%
Ocado......1.7% - *1.7% : 0000%...*1.8%...*1.8%...*1.7%

As can be seen Aldi has definitely over taken Morrison to be the UK's 4th biggest supermarket.

Over just 1 month the combined market share of Aldi/Lidl has increased by 0.3% to 16.4%.

[bountyhunter] 13/9/2022 13:30

Added the FTSE100 index to the 6 month comparison chart in the header to indicate the level of underperformance of food retailers.

[loganair] 13/9/2022 11:51

Maybe of interest to some...

When Queen Victoria came to the throne in 1837 what £1 would buy you, need just 91p in 1901 when she passed away.

When Queen Elizabeth came to the throne in 1952, what £1 would buy you, today, even with the BOE distorted inflation figures, need £23 today.

In 1952 the average house in the UK cost £1,891 whereas today costs £270,452.

Under Victoria to run the UK and the British Empire needed just 5,000 civil servants whereas today just to run the UK, the UK has over 600,000 civil servants.

During Victoria's reign Government expenditure was circa 8% of GDP whereas today it is over 50% = today the government is bigger than the private sector.

In Victorian times Britain had sound money, the economy was N0:1 in the world and the private sector flourished whereas today I'll let you make you own mind up - 1969 discussions started about building a 3rd runway at Heathrow, over 50 years later and still the discussions to on and on and on but the runway is still not built.

[loganair] 13/9/2022 11:35

They say the likes of Tesco and Sainsbury's will hold up during times of inflation as people still need to eat...all I can say is really???

A family goes to the social services pleading for benefits because they can not afford to feed their children and the family is going hungry.

When the social services looked into this families banking their very quickly find this family has over £1,000 of subscriptions per month, Netflix, Amazon Prime, iPhone, Apple Music, subscriptions for many Apps etc, so where is this putting food and feeding the family first come from???

I've heard so many people say that they can not live with out their phone, their phone takes priority over even buying food for themselves - what the hell is going on in the West? when people put having a smart phone above feeding their own family - this is definitely Brave New world rather than 1984.

It's as though their phone has become their life support machine for them and if the life support machine is switched off they'll die.

[dipa11] 13/9/2022 07:57

Https://www.thestreet.com/.amp/dictionary/t/triple-witching#examples-of-triple-witching-volatility-in-light-of-news-events