Sainsbury (j) Share Discussion Threads

[thegreatgeraldo] 24/6/2022 15:22

CreditCrunchies24 Jun '22 - 08:28 - 22436 of 22438
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The best barometer is checking out the foot fall in the stores. At the end of the day they're consumer staples, good quality and we're still buying quality. Your Lidl,Aldi, Morrisons they're the desperation end of the market.

..Maybe you should visit an Aldi, try some of their lines & see if SBRY measure up on quality?

[justiceforthemany] 24/6/2022 15:15

Jim Cramer on CNBC says strong reports of Zelensky ready to concede part of Eastern Ukraine in exchange for ceasefire. Commodities have been falling hard, perhaps for this reason with more to come. In which case inflation has peaked.

[muffinhead] 24/6/2022 13:43

updated 16th June

[creditcrunchies] 24/6/2022 08:28

The best barometer is checking out the foot fall in the stores. At the end of the day they're consumer staples, good quality and we're still buying quality. Your Lidl,Aldi, Morrisons they're the desperation end of the market. We only used them as a last resort

[loganair] 21/6/2022 09:36

I do not think Sainsbury's will be able to adapt, in the same way legacy airlines are unable to adapt as they have a particular mind set and only ever try to compete on price and are failing to do so, just like many of the legacy airline brands.

It seems to me Morrison's are in the worse position as the private equity firm that took them over is slowly asset stripping the company to slowly pay down some of the debt they took on in order to take over the company.

[tuftymatt] 21/6/2022 09:18

They are valid points and very possible.
That said they may adapt to the competition, somewhat late and with difficulty I agree, so I guess we can only wait for the trading updates to see.

My view is both Tesco and Sainsburys will put up a fight and the next 12 months will determine how successful that fight will be long term.

[loganair] 21/6/2022 09:04

Sainsburys will never really be able to challenge the likes of Aldi and Lidl because of the way Sainsburys is set up, run and managed, in the same way legacy airlines are unable to challenge the likes of Ryanair which now carries more passengers than any other European airline.

Sadly Sainsburys is trying to live of its legacy, what it was during the 1970s to 1990s.

I posted several years ago that I thought by around 2025 Sainsbury's will stagnate at around 14% market share, Asda 13% and Morrison 8.5% while Aldi will have circa 12% and Lidl 10%.

[tuftymatt] 21/6/2022 07:17

But they are now challenging the likes of Aldi and Lidl more so maybe they will gain a little back from them and others to stop the decline.

[loganair] 20/6/2022 23:17

How has market share changed for the various supermarkets over the past year?


Tesco.....27.3% - 27.4% : +0.1%
Sainsbury 15.7% - 14.8% : -0.9%
Asda......14.6% - 13.8% : -0.8%
Morrison..10.4% - *9.5% : -0.9%
Aldi.......7.4% - *9.0% : +1.6%
Lidl.......5.9% - *6.9% : +1.0%
Coop.......6.0% - *6.1% : +0.1%
Waitrose...5.0% - *4.9% : -0.1%
Iceland....2.5% - *2.3% : -0.2%
Ocado......1.7% - *1.7% : no change

Sainsbury, Asda and Morrison have lost approximately the same amount of market share, just under 1% over the past year while Tesco, Coop and Waitrose have just gone sideways.

It now seems highly likely with in a year Aldi will over take Morrisons market share to become the 4th biggest supermarket by market share in the UK.

If Sainsburys and Asda had been allowed to merge, their combined market share would now be 28.6% or just 1.2% more than Tesco. At their current rate of loss in market share, with in a year their combine market share would be no more than Tesco.

[f56] 20/6/2022 20:43

The only thing that matters is a transfer of power from the west to the east. Short term gov. vs long term gov.

[pjleeds] 17/6/2022 15:14

Get em in a isa

[pjleeds] 17/6/2022 15:13

It's hardly rocket science is it.

[spob] 17/6/2022 11:38

Tesco sales fall amid ‘unprecedented increases in cost of living’

UK’s largest supermarket gains market share but reports ‘changing customer behaviour’


Tesco’s sales in the three months to 28 May were down 1.5% on the same period in 2021, when the UK was in lockdown.



Fri 17 Jun 2022


Tesco said sales have fallen at its UK stores in recent weeks as its customers face “unprecedented increases in the cost of living”.

The UK’s largest supermarket said it had gained market share but sales in the three months to 28 May fell 1.5% on the same period last year when the UK was in lockdown.

Ken Murphy, the chief executive of Tesco, said: “The market environment remains incredibly challenging.”

He said it was difficult to separate the significant impact of last year’s coronavirus lockdowns from other influences on shoppers but said Tesco was seeing “some early indications of changing customer behaviour as a result of the inflationary environment”.

He said: “Customers are facing unprecedented increases in the cost of living and it is therefore even more important that we work with our supplier partners to mitigate as much inflation as possible.”

Tesco said sales of clothing and general merchandise, such as homewares and toys, were most affected, while online sales were also affected as shoppers returned to supermarkets. It said the decline in the volume of goods sold was partly offset by inflation.

Sales in the Republic of Ireland were down 2.4% but were up 2% overall because of strong growth in central Europe and at its Booker wholesale chain.
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The retailer’s comments come after more than one in five (22%) of those who took part in a recent survey said they skipped a meal or reduced the size of meals because they could not afford to buy food.

Shop prices rose in May to the fastest rate in more than a decade, according to figures from the British Retail Consortium and NielsenIQ. Food inflation leapt to 4.3% in May from 3.5% in April, the highest since April 2012.

On Thursday the Bank of England warned the headline rate of annual consumer inflation was likely to rise above 11% in October. Inflation is already running at a 40-year high of 9%.

[creditcrunchies] 17/6/2022 10:31

Basically it's an employee perk or benefit

[creditcrunchies] 17/6/2022 10:30

It's their share options they're selling they've been doing this for the past 10 years at least. We got a share scheme where the company matches the shares you by so double your money if the share price is flat. At year end you sell the lot where you make double plus capital gains.

[farrugia] 17/6/2022 07:46

does sainsbury own any property outright? they have 6.3 billion debt which is chunky - i'm checking if they have solid property to buttress their balance sheet?

Also, i've been noting that directors have been selling at least half their free shares? That's not exactly bullish is it - do directors really need to sell half of that to cover taxes? And what is this - getting shares for free!!? That's not great for shareholders and not much of an incentive. Shouldn't it be options that can be exercised at a certain price?

[muffinhead] 16/6/2022 15:42

Tescos Q1 TS tomorrow

[tim 3] 16/6/2022 15:41

They are actually holding up well compared to the recent market sell off.

[creditcrunchies] 16/6/2022 14:33

Like things are so expensive peeps won't buy food anymore you have to laff