Sainsbury (j) Share Discussion Threads

[pete160] 24/1/2023 22:39

I think you"re behind the times spob - even if people actually looked at the catalogue, they would then just search for it on amazon or elsewhere online to check the price and buy it cheaper. The problem with the catalogue is that the prices were out of date as soon as it was printed, there was limited info on the item and there were no reviews (real or fake).

[spob] 24/1/2023 16:48

I think the more genuine Argos stores that close, the more the Argos brand dies.

Sainsbury's directors can't see it.


They are just thinking about saving rents.

[konradpuss] 19/1/2023 21:14

spob, good luck with that one.

I never rated that acquisition.

The Argos unit near me is still empty and still clocking up rent for Sainsbury.

[spob] 19/1/2023 20:20

Can Sainsbury's find some mug to buy Argos ?

[spob] 19/1/2023 20:19

I guess it took Lloyds Pharmacy 7 years to work out why Sainsbury's sold their pharmacy operation in the first place.

LOL

[loganair] 19/1/2023 19:37

LloydsPharmacy to axe outlets within Sainsbury’s supermarkets:

LloydsPharmacy has said it will pull out of its 237 pharmacy sites within Sainsbury’s supermarkets.

The pharmacy chain said it has cut the services following a strategic review “in response to changing market conditions”.

LloydsPharmacy added that it is “exploring options” for each branch individual and will confirm exact closure plans on a “branch-by-branch” basis but expects to complete the process over the course of 2023.

The decision comes seven years after LloydsPharmacy first snapped up the pharmacies from the retailer for £125 million.

[spob] 19/1/2023 13:44

Lloyds pharmacy pulling out.

I wonder what the deal was with Sainsbury's. Maybe the rent Sainsbury’s was charging them was too high ?

Anyone have details ?

[philanderer] 19/1/2023 12:39

(Alliance News) - J Sainsbury PLC's Argos Ltd has announced plans to close all its stores in the Republic of Ireland by this summer, a move that will see hundreds of jobs axed.

The company employs around 580 people in 34 stores in the Republic of Ireland. The hours worked by staff in Ireland equate to 330 full-time roles.

Argos said it arrived at the decision to leave Ireland following a long period of "careful consideration" and a "thorough review" of its business and operations in the country.

The company said it concluded the investment required to develop and modernise the Irish part of its business was "not viable", and that the money would be better invested in other parts of its business.

[bountyhunter] 19/1/2023 08:22

Supermarkets all down this morning, all that are still listed that is!

[spob] 18/1/2023 17:12

UK inflation: how everyday items and services shot up in price


Basics such as eggs, bread and drinks are in a basket of items that rose at over twice December’s 10.5% inflation rate.

Price rises of many goods outstripped December’s 10.5% inflation rate with bread up 20.5%, electricity 65.4% and hotels 18.1%

Richard Partington

The Guardian

18 Jan 2023



The UK’s inflation rate fell for a second month in December, dropping to 10.5%. But households remain under pressure as prices continue to rise for a wide range of goods and services.

Despite the fall in the headline rate, food and non-alcoholic drinks jumped by a collective 16.8%, the fastest annual rate of increase since 1977. Price rises for restaurant meals and overnight stays in hotels also accelerated.

The Office for National Statistics compiled the overall figures using the consumer prices index, but also logs individual goods and service prices. Here we break down how those everyday items have shot up over the past year.

In each case, the figure is the percentage change in the average price over the 12 months to December 2022.


Food

Food inflation items

Low-fat milk 46%
Sugar 38.5%
Butter 29.3%
Pasta products and couscous 29.1%
Eggs 28.9%
Jams, marmalades and honey 24.2%
Ready-made meals 21.7%
Bread 20.5%
Fish 19.6%
Pizza and quiche 13.2%
Fruit 6.5%


Drinks

Mineral or spring waters 23.3%
Soft drinks 18%
Fruit and vegetable juices 16.7%
Coffee 10.1%
Tea 11.2%
Beer 5.4%
Spirits 4.3%
Wine 2%


Electricity, gas and other fuels

Gas 128.9%
Electricity 65.4%
Solid fuels 31.7%


Clothing and shoes

Garments for men 8.8%
Garments for infants and children 6.2%
Garments for women 6%
Footwear for men 5.6%
Footwear for infants and children 5.4%
Footwear for women 0.2%


Household items and furniture

Garden furniture 12.2%
Cookers 11.3%
Lighting equipment 9.6%
Carpets and rugs 9.4%
Refrigerators, freezers and fridge-freezers 9.2%
Bed linen 7.7%


Vehicles and passenger transport

New cars 6.7%
Motorcycles 1.8%
Bicycles 0.9%
Secondhand cars -5.5%

By air 44.1%
By bus and coach 17.5%
By train 6.9%
By sea and inland waterway 6.4%


Hospitality and recreation

Hotels and motels 18.1%
Fast food and takeaway food services 12.3%
Restaurants and cafes 10.1%
Holiday centres, campsites and youth hostels 9.1%
Cinemas, theatres and concerts 6.9%
Museums 6.2%


Other recreational items

Products for pets 16.2%
Garden products 13.5%
Veterinary and other services for pets 12.2%
Sport equipment 4.3%

[spob] 18/1/2023 09:00

Basic groceries up by 30% as supermarket trust plummets


Consumers reliant on supermarkets’ budget ranges bore the brunt of food price inflation in the run-up to Christmas, with increases far outstripping those for luxury own-label and premium brands, according to a survey.

The price of budget items rose 20.3% on average in December, compared with the same month a year before, according to research from the consumer group Which?, while supermarkets’ luxury ranges rose 12.6% and the price of branded items went up 12.5%.

Overall food price inflation averaged 13.3% in December, according to the British Retail Consortium’s latest figures.

However, price hikes for grocery staples including butter and spreads, milk and cheese were much bigger, according to the Which? survey – up 29%, 26% and 22% respectively, across all supermarket chains.

[keyno] 17/1/2023 12:30

I just hope it doesn't result in more pickers blocking up the aisles for the JE brigade, many of whom who are too lazy to get up off their bottoms and buy their own junk food in person.

[bountyhunter] 17/1/2023 08:48

The market seems unimpressed by Ocado's trading update today. No surprise their with consumers trading down in the current economic climate.

[spob] 16/1/2023 19:18

Does that mean 50 mopeds parked at the entrance to Sainsburys from dawn to closing time

no thanks

[philanderer] 16/1/2023 13:52

In corporate news, Sainsbury’s was up after the supermarket chain said it had signed a new deal with Just Eat to provide rapid grocery delivery.

Sharecast

[keyno] 16/1/2023 08:18

"Food delivery app Just Eat announced a partnership with supermarket chain J Sainsbury for grocery delivery in the UK. The partnership will launch with more than 175 Sainsbury's stores by the end of February. As a result of the contact, Just Eat customer will have access to thousands of products, including Sainsbury's own brand products, for delivery, it says."

From II.

[philanderer] 15/1/2023 00:23

MIDAS SHARE TIPS: Fancy a low price supermarket deal? Check out Tesco and Sainsbury's shares... and Marks & Spencer could pay dividends

[philanderer] 14/1/2023 00:13

Sainsbury's launches 'biggest ever Aldi price match' as it vows to keep prices low

The move will see the UK supermarket chain increase its value range up from 233 to 310 products this month

[dipa11] 13/1/2023 22:22

hTtps://shorteurope.com/details_company.php?company=J%20SAINSBURY%20PLC&land=united_kingdom