Sainsbury (j) Share Discussion Threads

[imperial3] 21/3/2022 15:10

A rather poor share price performance at the moment. I do not know why it is so bad.

[pmount] 15/3/2022 22:33

Its now established in it's downtrend and driven there by aldi lidl and the russian stack em high one. which I am boycotting

[spob] 07/3/2022 17:34

Perhaps they could use cardboard cut-outs to replace the staff

I hear they are losing staff like never before

[sumday] 07/3/2022 09:17

@CK thank you. Didn’t realise

[ckafetz] 07/3/2022 09:14

Had them for the last year at least I would say

[sumday] 07/3/2022 09:08

Yesterday was the first time I’ve been in Sainsbury’s for a while. I notice they have now got printed card shelf fillers to cover up gaps. Have these been around for a bit or are they new?

[tim 3] 04/3/2022 14:46

Tragic but not sure it warrants a £1m fine it was an accident at the end of the day.

[netcurtains] 04/3/2022 14:26

Sainsbury's changes Chicken Kiev to Kyiv

[sooty snipes] 04/3/2022 13:47

Ha ha ha ha! Sainsbury have changed the name of their chicken Kiev to chicken Kyiv. Good to see with all this chaos around us the woke idiots are still doing a great job.

[arja] 04/3/2022 13:08

about 237 is good chart support . gapping down in last few days

[spob] 04/3/2022 07:40

Sainsbury's fined £1million after 'booby trap' shattered disabled customer's jaw

[loganair] 03/3/2022 16:32

Shannon Goldsmith - Shopper Insight Analyst:

Sainsbury’s has announced it will be expanding its Restaurant Hub format to 30 more stores this year following the success of the concept at its Selly Oak store.

While 30 are planned for this year, Sainsbury’s will accelerate the roll out of the format next year if it remains popular with customers.

Sainsbury’s will also be extending its partnership with Starbucks, opening another 30 more sites in its stores over the next 12 months, to bring the total to 60.

These partnerships are part of the retailer’s plans to transform its food-to-go offering in 250 of its supermarkets over the next three years. Today, Sainsbury’s also announced they have proposed the closure of 200 of its in-store cafes this spring – impacting around 2,000 colleagues – while only 67 will remain open while they review their rollout plans.

They will also close the hot food counters in 34 stores, which will impact the meal deal in these stores following Sainsbury’s addition of hot food products to the meal deal last year, and simplify the bakeries in 54 stores. This follows the permanent closure of its meat, fish and deli counters in late 2020.

What is The Restaurant Hub?

The Restaurant Hub is a joint venture between Sainsbury’s and Boparan Restaurant Group (BRG). The food hall format features a range of BRG’s brands, including Ed’s Easy Diner, Gourmet Burger Kitchen and Slim Chickens, as well as Caffe Carluccio’s – one of a trio of concepts introduced to Sainsbury’s stores last year.

The Restaurant Hub has integrated omnichannel operations, meaning customers can buy anywhere, anytime and anyway they want and get a seamless, consistent brand experience. The Restaurant Hub enables customers to order for eat-in, takeaway, collection or delivery via kiosks, a third-party delivery service, a bespoke delivery app, or at a counter.

Omnichannel is becoming increasingly important in food-to-go and the out of home sector for brands to unite their channels to expand their reach and improve their operations. Read our omnichannel guide and see our Digital at the Heart trend in our food-to-go trends for 2022 for more information.

What do we think?

The partnerships with BRG and Starbucks relate to our trend of consumer needs driving formats, and benefit both the retailer as the food hall gains destination status and attracts more customers to store, and the operators who are able to increasingly meet customer needs away from city centres as the pandemic has shifted shopper habits to suburban locations.

The Restaurant Hub in the Selly Oak store appears to have been hugely successful so far and the roll out of the concept is one of the most recent exciting developments in food-to-go in large stores in the UK.

[arja] 02/3/2022 21:48

really hit today and on such a bullish day in markets .

[loganair] 02/3/2022 15:50

Asda owners Issa brothers in prime position to buy Boots in possible £6billion takeover.

The super-wealthy brothers behind Asda, Mohsin and Zuber Issa, face far less competition to buy pharmacy Boots after a team of other investors pulled out of the bidding.

[scaff55] 23/2/2022 08:22

The trading day ? Ground hog day, fixed.

[oracle14] 20/2/2022 18:45

Maybe it is because a important resistance level at 377/8 sits above…while price continues to sit exactly 100 below…I think just on that basis I will continue to hold…giro be in to win!!!!

[spob] 17/2/2022 16:01

If your car runs poorly if the petrol has ethanol in it, watch this video.

[philanderer] 15/2/2022 11:27

It's amazing how many continue to buy these !

[m_kerr] 11/2/2022 16:10

any shareholders here would do well to read this article by the footnotes analyst, quote at the end of my post here.

there are huge lease liabilities here, many with RPI uplifts decades into the future, so their lease liabilities will be marked upwards at quite a clip. no wonder they were so keen to buy back a portfolio of a dozen or so stores a few months back.

'The capitalised lease liability of an inflation-linked lease does not include expected inflation. This results in a lower liability and lower initial expense compared with an equivalent lease with no inflation link. The IFRS 16 figures are updated as the inflation uplift occurs, but these catch-up adjustments create a profit ‘headwind̵7;.'

[scaff55] 11/2/2022 09:04

They know were shareprice will be at the end of trading day, before the market opens

[scaff55] 10/2/2022 08:12

Again share price starts positive but we all know where it's going too, Bored to death , fixed ?

[scaff55] 09/2/2022 16:15

Bored to death being in this share, just down everyday no logic just MMs decision to take lower.

[spob] 09/2/2022 13:54

I hate shopping in Sainsbury's

So i get them to do it for me

for £1

haha