Sainsbury (j) Share Discussion Threads

[bountyhunter] 16/11/2023 16:22

That's will mean more profit to the bottom line :)

[loganair] 16/11/2023 15:18

The supermarket that has seen prices go up most in the past year:

An investigation into “weak competition” among supermarkets is ongoing as food prices continue to rise.

The Trolley.co.uk Grocery Price Index (GPI) monthly tracker monitors and records the prices of products from various supermarkets.

The tracker not only calculates the percentage increase in prices but also keeps track of the highest increase in terms of money.

It showed Sainsbury’s had seen the highest spike in prices since last year, with an average increase of 40p per item, which translates to a 9.7% increase.

On the other end of the scale, Aldi had the lowest average increase in money terms with only 7p per item, equating to a 2.7% increase.



Tesco, Sainsbury's and Marks & Spencer had sales growth over the 12 weeks to 4 November of 9.6%, 10% and 14.4% respectively.

The researcher added discounters Aldi and Lidl continued to grow market share with sales growth of 17.7% and 19.1% respectively.

[bountyhunter] 16/11/2023 13:05

I'll settle for that, plus the yield of course.

[loganair] 16/11/2023 12:45

For several years now...says Serves 4...just about does my son and I...in reality just about serves 2.

[philanderer] 16/11/2023 11:25

Goldman Sachs starts J Sainsbury with 'neutral' - price target 305 pence

[bountyhunter] 15/11/2023 20:10

That's what I was thinking, apart from Ocado that is. Maybe growth stocks are coming back into fashion with interest rates having apparently peaked!?

[spob] 15/11/2023 17:00

.
And it says on their packaging, 'Meal for one'

Maybe for a 2 year old. Not for an adult.

[spob] 15/11/2023 16:58

.
Eg Sainsbury's ready meals. I have to search quite hard to find some chicken in their ready meals.

Buy the same from Waitrose or MKS and you almost have too much chicken in them.


And rice must be getting very expensive for Sainsbury's too. Some of their ready meals have hardly any rice in them at all.

[philanderer] 15/11/2023 16:00

Supermarkets out of favour today.

[nakedmolerat] 15/11/2023 15:31

used aldi and sainbury;s for a few years, but sainsbury's much better with quality and products. aldi seem to be the same price on many items now and terrible queues.

[spob] 15/11/2023 14:27

.


Love to know what was wrong with this ill customer in Pinner store.

He got two ambulances and a police van.


When I phone my doctor to get an appointment, the response is always, not a chance in hell.


Maybe he saw the prices and had a heart attack.

[loganair] 15/11/2023 08:13

Its called a lack of staff due to the average British person no longer wanting to work, especially students at college who seem only to want to spend all their time on their phones.

[tim 3] 14/11/2023 22:19

The biggest supermarket round here is Asda was told it takes around a million a day in the run up to Christmas.Friend went there the other day and there were 2 tills open and queue was half an hour long!

[loganair] 14/11/2023 21:08

In both my local Sainsbury's and Tesco's much of the time the fruit and veg shelves are half empty.

[bountyhunter] 14/11/2023 20:14

Sainsbury’s, M&S and Currys call on chancellor ahead of business rates rise

[mike24] 14/11/2023 20:06

retail spending may drop, its seeing fruit & veg shelves stay stocked in run up to xmas
is OCDO 10% rise today justified

[spob] 08/11/2023 22:48

.


UK retail spending growth drops in run-up to Christmas



Valentina Romei in London

Growth in UK retail and consumer spending slowed last month to rates well below inflation, according to sector data that points to households cutting purchases ahead of the busiest shopping season of the year.

The value of retail sales rose by an annual rate of 2.5 per cent in October, down from 2.7 per cent in September and well below the 12-month average of 4.2 per cent, the British Retail Consortium said on Tuesday.

The figure from the trade body compares with September’s headline consumer price inflation reading of 6.7 per cent, indicating households are buying lower volumes of goods even if they are spending more, a pattern seen since the second half of 2021.

Weak spending does not bode well for economic growth, of which it is a large component, or for retailers, who are hoping for a boost in the run-up to the festive period.

The Bank of England last week forecast no growth in 2024 as the impact of high interest rates feeds through to households and businesses, and the BRC data suggests high prices and the central bank’s sharp rise in interest rates since the end of 2021 are both hitting demand.

Paul Martin, UK head of retail at advisory group KPMG, which compiled the figures for the BRC, said shops faced a “challenging Christmas”. Higher inflation and mortgage payments coupled with dwindling savings from the pandemic and bigger energy bills meant “beleaguered consumers are thinking very carefully about how they spend their money”.

The value of non-food sales contracted by 1 per cent in the three months to October, down from a 12-month average of 0.6 per cent growth, BRC data showed.

The figures chime with statistics published on Tuesday by Barclays, which showed that consumer card spending grew by 2.6 per cent year on year last month — the smallest uplift since September 2022.

The payments company, which monitors almost half of all UK credit and debit card transactions, reported that spending on household goods dropped by an annual rate of 6.5 per cent, with furniture and home improvement stores registering declines of more than 7 per cent.

Restaurant spending fell by 10.3 per cent, but pubs, bars and clubs reported an expansion boosted by England’s performance in the Rugby World Cup.

Jack Meaning, chief UK economist at Barclays, said October’s data showed that households were “pulling back from discretionary spending and are increasingly worried about their future ability to spend”

[bountyhunter] 08/11/2023 22:33

Added the M&S share price to the header.

[loganair] 08/11/2023 12:23

The latest comparison I can find between Kantar and Nielsen for UK grocery market share is for September 2023.


..........Ksntar..Neilsen.Difference
Tesco......27.2%...26.8%...-0.4%
Sainsbury..14.8%...13.7%...-1.1%
Asda.......13.8%...12.3%...-1.5%
Aldi.......10.1%...11.5%...+1.4%
Lidl........7.6%....8.7%...+1.1%
Morrison....8.6%....8.1%...-0.5%
Co-op.......6.1%....4.4%...-1.7%
Waitrose....4.6%....3.6%...-1.0%
M&S.................3.5%
Iceland.....2.3%....2.3%....Same
Ocado.......1.6%....1.5%...-0.1%

[loganair] 08/11/2023 12:12

M&S currently have 361 M&S Simply Food sites and they intend to increase this number to 420 by early 2026 which is expected to give them circa 4.5% grocery market share in the UK.

M&S suffered a £29.5m loss in its last financial year for its share in the joint venture with Ocado and analysts expect it to make a loss again this year.

The joint venture has been grappling with availability of M&S products on Ocado, poor value perceptions and a lack of joined-up marketing.

Ocado Retail has significant underutilised capacity but has seen revenue decline recently and its market share has gone back to about 1.5% from 2.0% at the peak in 2021.

At some time in the not too distant future analysts expect M&S to take full control of Ocado retail in the UK which will give M&S a further 1.5% market share + the 1% expected increase by 2026 will give M&S circa 6% UK grocery market share within the next 5 years.

[loganair] 08/11/2023 11:55

Sainsbury’s has recorded strong retail sales growth in the first half of its financial year - I say so what.....

As this sales growth comes at the expense of margins and therefore at the expense of profits and therefore at the expense of share holder dividends.

[loganair] 08/11/2023 11:48

I just wish Kantar would include M&S in their UK grocery market share figure, Nielsen does.

M&S has somewhere between 3.5% and 3.8% market share and therefore will make a meaningful difference to the Kantar market share figures.

[pirates4] 08/11/2023 11:37

Nice to see this rise for once.