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SBRY Sainsbury (j) Plc

270.40
-1.50 (-0.55%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sainsbury (j) Plc LSE:SBRY London Ordinary Share GB00B019KW72 ORD 28 4/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.55% 270.40 271.00 271.20 273.10 268.80 272.70 5,324,762 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 31.49B 207M 0.0878 30.88 6.39B
Sainsbury (j) Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker SBRY. The last closing price for Sainsbury (j) was 271.90p. Over the last year, Sainsbury (j) shares have traded in a share price range of 244.10p to 310.60p.

Sainsbury (j) currently has 2,356,866,697 shares in issue. The market capitalisation of Sainsbury (j) is £6.39 billion. Sainsbury (j) has a price to earnings ratio (PE ratio) of 30.88.

Sainsbury (j) Share Discussion Threads

Showing 21651 to 21670 of 24100 messages
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DateSubjectAuthorDiscuss
09/12/2020
10:23
Another glorious day and no comments yet?
grahamite2
08/12/2020
12:49
As is well known,the discounters have been eroding away the market share of the big 4 supermarkets,the latter have had the opportunity though, throughout the years,of being able to pick the prime sites.No doubt this will act as a prop for them.
imperial3
08/12/2020
12:04
My understanding is as the 'baby boomers' are now long in the tooth that many businesses, especially those in consumer business are no longer really interested in them and their wants so are just sticking two fingers up at them.

Even people born between 1970 and 1999 many businesses are starting to lose interest in them and their wants.

Consumers businesses are concentrating more and more of their time and effort on the wants and needs people born after the year too as they say these are our future customers.

I feel this is very shorted sighted of these business to neglect more and more people who are over the age of 30.

loganair
08/12/2020
11:23
The total cost of selecting and delivering is probably half of fa.
You could say that tesco points cost millions to administer ... but someone has decided that cost is a good investment and indirectly adds to the bottom line. Like deliveries in fact ... I notice aldi are now doing them - why did they decide to do that? There are direct and indirect costs and benefits. ffs does everyone think our supermarkets do things to lose money?

pierre oreilly
08/12/2020
11:20
Sainsbury now has a new delivery option, £1 whatever the time of delivery but in a 4 hour rather than 1 hour slot; you are told the 1 hour window the day of your delivery.

This is so cheap I am thinking of having a Sainsbury's delivery even though I have prepaid for Tesco delivery.

grahamite2
08/12/2020
10:05
At my local biggish Tesco they have 8 delivery vans, paid for, maintained and fuel, needing to be replaced after several years of service.

6 full time drivers, two delivery vans on stand-by.

10 members of staff constantly walking round the store picking out items for home delivery.


Total cost I calculate to be c£300k per year just of this one Tesco store.

loganair
08/12/2020
09:20
Agree with spod you can work it out yourself.Just work out hourly rate for driver and fuel cost and much of the revenue from delivery charges is gone and thats before you start with all the other expenses.
tim 3
07/12/2020
19:34
looks like ADVFN is blocking urls

I will paste the article tomorrow

busy right now

spob
07/12/2020
19:13
Come on guys

why do you need to see something written in the FT

you can easily work it out for yourselves

it's obvious


the big grocery retailing companies have dug themselves a big hole

the hole is getting bigger by the day

they can't swallow their pride and fill in the hole


online grocery delivery is eating these companies away

margins will be extinct soon, if something does not change

spob
07/12/2020
13:23
PS. ALDI has outsourced home delivery
muffinhead
07/12/2020
13:11
Seems incredible that some of the biggest companies have a penchant for digital self harm. So many systems tried around the world for little benefit.

Shopping in-store with experiences seems the most attractive to me.

Shopping by click and collect would be my second choice.... with the option of paying for delivery by the likes of deliveroo, uber, doordash etc.

Supermarkets should outsource the home delivery. Online delivery option could be integrated into the web platform. It would save a fortune for Tescos, Sainsburys, Asda and Morrisons.

muffinhead
07/12/2020
12:01
Indeed so Alphorn, and it would preserve buying might. But I can't see that any of the benefits would justify a massive loss like 8% except on a very short term basis as a means to an end. Some new equilibrium would need to be clearly foreseeable.
grahamite2
07/12/2020
11:52
G2 - that sector may be absorbing some costs that would otherwise sit elsewhere.
alphorn
07/12/2020
11:50
online picked from store make a loss of around 8% when delivery charged

In that case, what's the point of it? We all know what loss leaders are about - draw people to the store for the loss leader, hope they stay to do the whole shop at normal prices. But why operate a stand alone service if it makes such a horrendous loss? Answer is, you just wouldn't. I have to assume the management has information the journalists do not.

grahamite2
07/12/2020
11:35
Sorry wont let me post link try searching 'Why supermarkets are struggling to profit from the online grocery boom' Its an FT article.

Worth a read it reckons online picked from store make a loss of around 8% when delivery charged.

tim 3
07/12/2020
11:12
Back in around 2000 I remember a an MD and a retail Director who were not in favour of online and could not see it ever being profitable . I remember attending a meeting in Holborn re that very subject . However shortly after they were both ousted . I remember an email sent by one of them which wasn't very complimentary about the then CEO . Needless to say the email was down in minutes but I had the good fortune to be one of the few who read it . I can't help wondering if we'd stayed away from online or capped it just for the elderly or needy where the profit line would have gone . Would the competition have ploughed ahead ? Too late to worry now I just hope with the surge in online it is much closer to break even and will reflect in future figures .
tardelli2
07/12/2020
10:17
Agree, no problem with people with mobility issues using home delivery but the majority of people who use it are younger, often much younger and perfectly able to visit a store.No wonder we have an obesity problem in this country.
tim 3
07/12/2020
09:58
TIME RICH people dont want to spend all day clicking and clucking computers - they want a good shopping experience as part of their retirement.
netcurtains
07/12/2020
09:56
Dont get me wrong grahamite2... I'm not talking about the frail.

I'm talking about the normal boomers: 55-75 age group.
They are, generally speaking, fit and able and relatively loaded with cash.
They are the new shopping elite and they are growing every year
for the next 15 years.

netcurtains
06/12/2020
17:48
I understand Ocado, the specialist home delivery supermarket, margins are waver thin at just 1% which is far less then Sainsbury's bricks and mortar margins.

With all the added costs over those of Ocado, I can not see how the likes of Sainsbury's are making any profit from their home delivery service.

loganair
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