Sainsbury (j) Share Discussion Threads

[spob] 23/7/2020 23:17

Just put a sign up on the front door

no customers allowed entry unless wearing a mask

simple


people will soon get used to it, or go shop somewhere else

and people who are exempt, should have some form of paperwork to show this


I don't see what the problem is

There is always someone at the front door to police these things


And it will only be a minority who choose to act selfishly anyway

Unless of course, Sainsbury's put out a statement saying customers can do what they like

[tim 3] 23/7/2020 22:36

If the police say they cant enforce it how do you expect supermarket staff too?

As you say half the time police won't even attend when there are shoplifters instore so they are hardly likely to support them with this!

They strongly recommend staff wear them but again if a member of staff refuse then not sure what the law is in this as its not a legal requirement for staff to wear them also many staff are behind screens anyway.

[spob] 23/7/2020 21:26

and you're never going to see a copper in a shop

because they don't bother coming when shoplifters have been caught red-handed any more

well not if the value of goods stolen is below £100

[spob] 23/7/2020 21:19

Talking about wearing masks in shops on the news just now


Apparently Sainsburys are ignoring the mandatory government instructions to wear masks in shops

correct me if I am wrong, because I was doing something else while the news was on


Also they said on the news something about staff in shops do not have to wear them, but customers do (government advice)


None of this makes any sense to me

I feel sorry for high risk elderely people emerging from 12 week lockdowns

They must be scared to go shopping, knowing that some companies don't seem to care about enforcing the mandatory government instructions, regarding the wearing of masks in shops (starts tomorrow).

[spob] 22/7/2020 18:15

money is like toilet paper to the QIA

I doubt they care either way


I wonder what they do with their Sainsbury's share certificates

[loganair] 22/7/2020 10:52

A few months back I posted that I was looking to add to my Sainsbury's position between 150p and 120p and got blasted out of the ground by several posters on this thread saying that I didn't not know what I am talking about as Sainsbury's share price will never go down to as low as 150p.

buywell's posted article is the third analyst that has said they are looking at 150p before they would buy in to Sainsbury's - I wonder what the QIA think about this considering they bought their 22% stake in Sainsbury's for c600p per share.

Unless Sainsbury's are able to increase their margins to 3% then sub 150p it is for me.

The first thing Saisnbury's needs to do is to focus on being far less Bureaucratic and far more Streamlined in the way they run and manage their business which would save Sainsbury's £100mlns a year in costs. Sadly Sainsbury's like Tesco, ASDA and Morrison were not built to be Streamlined they were built to be Bureaucratic and all play from the same playbook.

[loganair] 22/7/2020 10:05

buywell - A very interesting article.

In the 1990's when Sainsbury's share price was higher then it is today and paying a higher dividend it had c22% market share and over 8% margin where as today Sainsbury's market share is only 14.9% with just 1.0% margin.

There was no Aldi or Lidl at the time and today these two have a combined market share of 13.3% which is expected to rise to 18% in the next 5 or 6 years and may get as high as 20% in the years to come.

[buywell3] 22/7/2020 03:01

Surely the way to go from here on in

In a Covid-19 new age , which looks like going on for years

Is home delivery

It is much safer that way

[spob] 22/7/2020 02:01

Is that why most of the customers move and act like Zombies ?

Lol

[buywell3] 21/7/2020 21:33

Debt the 4 letter word

[loganair] 21/7/2020 19:32

I don't get it???

First round bids in February valued ASDA at over £7bln. ASDA made £391mln last year, less than Sainsbury's, has a smaller market share than Sainsbury's and has no convenience stores and yet is valued 60% higher than Sainsbury's???

TDR Capital, Apollo Global Management and Lone Star Funds are the three private equity firms believed to be in the running and asked to summit a second round of bids.

[loganair] 21/7/2020 19:07

Retail giant Walmart is back in talks to sell its majority stake in Asda, a year after having a £10billion merger with Sainsbury's blocked.

The US supermarket said it's revived talks with potential investors after putting the sale on hold due to the coronavirus pandemic.

It comes just over a year after the competition and markets authority (CMA) blocked a takeover deal with Sainsbury's over fears it would lead to higher food and fuel prices for consumers in the UK.

A Walmart spokesman said it was the "right time" to revive the talks.

"Walmart and Asda have restarted conversations with a small number of third-party investors who are interested in acquiring a stake in Asda and partnering with Walmart, following renewed inbound interest," a spokesman said.

Walmart, which purchased Leeds-based Asda in 1999, has overhauled its international strategy in recent years to focus on new markets, such as Asia, where it has forged alliances with local partners, such as JD.com in China.

There is renewed confidence that Walmart will finally be able to exit the UK sooner rather than later. But to do so, Walmart’s Asda Price has to be right.

[loganair] 21/7/2020 16:16

WM Morrison saw the strongest growth of the big four grocers in this period, with its sales growth accelerating to 17.4% from 10.5% a month ago, its growth ahead of the market in the past 12 weeks and gaining market share for the first time since 2015.

While down from its peak, strong sales looks likely to continue to be elevated for the supermarkets because of the continued worries about the coronavirus, Kantar's McKevitt suggested.

“Despite pubs, bars and restaurants re-opening recently, more than half of consumers say they are still uncomfortable with visiting a pub and 42% with visiting a café or restaurant,” he said, pointing to take-home alcohol sales up 41% as an example.

Promotional activity also picked up in the latest four weeks, with 29% of sales including some type of discount.

“Retailers scaled back promotions at the start of lockdown as they prioritised serving as many customers as possible and keeping shelves full,” said McKevitt.

“Now, they are putting the emphasis back on deals."

“Promotional levels are still behind the pre-crisis level of 31% but, particularly given that the 2008 recession led to shoppers seeking out more discounts, we expect the grocers to bring in more enticing offers to attract cash-strapped shoppers in the months ahead.”

City analysts are increasingly of a similar view.

“The legacies of the Coronavirus crisis are yet to be fully understood but we feel the contraction of [food and beverage outlets] alongside [the working from home trend] represent permanent shifts, as is the stepped change in online,” said Clive Black of broker Shore Capital.

“The superstores are well-placed to harness these processes, much more so that the non-online German discounters and M&S, the latter with its substantial urban centre/travel hub trade.”

Analysts at UBS recently said their own research indicates the higher level of online grocery use is “likely here to stay, though the dramatic growth will likely normalise”.

Surveys by the Swiss bank's show 88% of households shopping online say that their grocery spend online will remain the same or increase in the coming weeks, while 71% of those said they will shop online as often or maybe even more after the Covid-19 situation improves.

[loganair] 21/7/2020 11:54

Tesco's market share continues to fall now down to just 26.7%. Just think a little over 10 years ago their market share stood at c33%.

Sainsbury's and Asda's market share also continue to fall whereas Morrison's who do not really have any convenience stores market share rose to 10.3% from a low of a few months ago of 9.9%.

Lidl's market share, just down 0.1% over the several month covid period is holding up better than Aldi's which is down 0.4% over the same period, maybe because Lidl are opening up a c3 new stores every week.

The biggest winner seems to be the Co-op who has seen its market share rise from 6.0% to 7.2% over the past few months while Iceland has gone up from 2.2% to 2.5% market share.

Over the past year Ocado's market share has increased from 1.2% to 1.7%.

Note - Kantar's figures are always skewed as they do not include the 3.3% market share of M&S Simply Food and therefore in reality the market shares are lower then Kantar report, Tesco's for example is most probably well under 26%.

[muffinhead] 21/7/2020 07:34

Kantar latest

[debsdowner] 20/7/2020 15:55

Looking bearish again, LIDL expecting to open a store every week and with millions to be made redundant the big four will continue to suffer.

[dondee] 20/7/2020 11:09

A good buying opportunity here.

[muffinhead] 09/7/2020 23:47

Looks like Sainsburys has been put back on the extinction list

[ny boy] 09/7/2020 10:49

Spob, should be all electric vans, I am certainly a fan of the electric black cabs, beautifully quiet and much more spacious inside, even though they are more expensive than Uber, I use them in central London for short journeys, it’s nice to treat yourself from time to time.

Sp here drifting lower again, I thought once we broke 200p, we were off on a gentle race to 220’s!

[neilyb675] 08/7/2020 18:30

Lololololol

Get your food delivered 2nd class

[muffinhead] 08/7/2020 15:15

Click 'n Collect

or supermarkets use Deliveroo for home delivery

Royal Mail could do home delivery now that letters are dying a death


in a word... "outsource"

[muffinhead] 08/7/2020 15:13

or go "green"

[spob] 08/7/2020 12:00

it's not just about profits either

how much pollution is pumped out by all those diesel vans running around 7 days a week

[spob] 08/7/2020 11:47

I'd like to see supermarkets forget all his online grocery shopping nonsense

I really doubt there is any profit in it

be great if they went back to basics like Lidl and Aldi