Sainsbury (j) Share Discussion Threads

[stephen1946] 18/12/2020 11:08

drop like a stone when Christmas disaster is revealed

[loganair] 17/12/2020 17:36

The first problem with Ocado is that it is not very good at actually making money. It last turned a profit in 2016 and is forecast to increase its losses in 2021. If it can’t make money during conditions that are ideally suited to an online retailer, one has to wonder when it will. By contrast, traditional supermarkets such as J Sainsbury and Wm Morrison have still been able to make money this year, despite the extra costs associated with Covid-19. Tesco’s profits have risen.

What’s more, while the crisis has strongly boosted online shopping in the UK, this has only encouraged the large supermarkets to invest money and resources developing their online delivery arms, which benefit from the fact that they can select goods from their extensive network of supermarkets. As a result, despite its surge in sales, Ocado has lost market share in the online delivery sector this year.

[netcurtains] 16/12/2020 15:25

If LONDON pubs closed then Sainsburys will sell loads of booze in the next few days....

[netcurtains] 16/12/2020 08:07

I think with BREXIT deal rumour
AND
Christmas confirmed as on
as a double WHAMMY of potential good news for RETAIL
"buy on rumour"

[georgeo1] 11/12/2020 08:27

https://m.marketscreener.com/quote/stock/J-SAINSBURY-PLC-9590189/news/J-Sainsbury-Sainsbury-s-creates-12-000-seasonal-roles-ahead-of-digital-December-31974948/

[georgeo1] 11/12/2020 08:23

https://www.proactiveinvestors.co.uk/companies/news/933952/natwest-mulls-bid-for-sainsburys-bank-933952.html

[georgeo1] 11/12/2020 08:05

https://www.thegrocer.co.uk/ranging-and-merchandising/sainsburys-agrees-wholesale-deal-with-australian-supermarket-coles/599383.articleNow that were preparing for an Australian style deal.

[georgeo1] 11/12/2020 08:05

Has the deal with Coles gone ahead with Australia.

[georgeo1] 09/12/2020 18:47

Def looking good.

[netcurtains] 09/12/2020 18:45

Nice finish!

[muffinhead] 09/12/2020 17:40

Another American company doing grocery deliveries... Instacart

Walmart now using Instacart www. instacart.co m/walmart

[muffinhead] 09/12/2020 17:38

Doordash to IPO today in New York with a $39 billion valuation


Tescos, Sainsburys, Morrisons will go down this route imo and wind down their own delivery logistics to save a fortune... UberEats, Deliveroo, JustEats

Aldi already does home delivery with Deliveroo
Morrisons using Deliveroo and Amazon

[chiefbrody] 09/12/2020 12:57

Indeed logan. Thanks to the housing boom creating a huge divide between the haves and the have nots, its the oldies that generally have all the money. If businesses want the business, ignore the middle aged and up, isnt that smart.The younger generation will be up to their eyeballs in mortgage debt for 30,40,50 years.

[grahamite2] 09/12/2020 11:34

Up
Well up
Up on my acquisition price

That's what it's all about, isn't it?

[spob] 09/12/2020 11:16

define 'glorious'

[grahamite2] 09/12/2020 10:23

Another glorious day and no comments yet?

[imperial3] 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.

[loganair] 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.

[pierre oreilly] 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?

[grahamite2] 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.

[loganair] 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.

[tim 3] 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.