Sainsbury (j) Share Discussion Threads

[loganair] 17/4/2023 16:01

14 April 2023 - Sainsbury's announces plans to ‘transform and simplify its logistics operations’ by working more extensively with partners who already run significant parts of its network:


Sainsbury's will move to three dedicated partnerships across transport; food; general merchandise & clothing by the end of 2024, instead of multiple different contracts across the network. These network-wide changes will mean that Sainsbury’s can operate at a national level for the first time, as well as making best use of its partners’ expertise to provide better service and availability for customers, drive innovation and facilitate the sharing of industry best practice. The changes will also allow the business to invest further in modernising its logistics operations and improving customer service, in line with its food first strategy.

Transport operations for most of the network will move to Wincanton.

On the food side of the business, Sainsbury’s will partner with GXO across fresh and frozen at several warehouse sites, while the majority of Sainsbury’s own food warehouse operations will remain in house.

Following recently proposed changes to the general merchandise network, DHL Supply Chain will take on additional warehouse operations for this part of the network, including Argos, Habitat and Tu Clothing. DHL will also continue to operate warehousing and transport for large item GM home delivery.

Under these plans, all impacted colleagues will be transferred to the new providers over the course of 2023 and 2024, and consultation is now beginning. Around 3,000 Sainsbury’s colleagues will transfer to DHL, GXO or Wincanton and around a further 4,000 colleagues who already work for these companies will also transfer between them. During the next 15 months, Sainsbury’s will work closely with colleagues, unions and partners to prioritise and support those who are impacted by these changes.

The move is the next stage of the retailer’s Transformation strategy and working with its partners, Sainsbury’s is planning to invest £220m back into its logistics network over the next three years, modernising and bringing advanced technology to its operations, upgrading and reducing the carbon footprint of its fleet, expanding capacity in key categories, and improving its fulfilment proposition.

[loganair] 17/4/2023 15:53

J Sainsbury:

Food retail is one of the most stable industries out there. People need to eat during good times and bad, right? So in theory, profits at industry giants like Sainsbury’s should be strong enough to support big regular dividends.

But I’m not convinced. Instead, the strain of growing competition makes this an income stock I’m avoiding at all costs. Heavy discounting to win customers is driving margins through the floor, and that of Sainsbury’s crumbled to 2.95% between April and September.

The scramble to slash milk prices last week provided a useful snapshot of the price wars battering the supermarkets. Within a few hours of each other Sainsbury, Tesco, Aldi, Lidl, Asda and Morrisons all slashed prices as the race to the bottom intensified. It’s little wonder that sector profits are plummeting.

Last week Sainsbury’s also took the major step of introducing its ‘Nectar Price’ programme that offers loyalty scheme members the chance to buy certain goods more cheaply.

The move could help it pull more punters through the door. But it also threatens to drive its wafer-thin profits margins even lower. The pressure on the business to continue on a path of earnings-destroying discounts will keep rising too as value chains Aldi and Lidl expand their store estates.

So I’m happy to ignore Sainsbury’s shares despite its 4.4% dividend yield for this fiscal year. I fear its days of offering delicious dividends could be coming to an end.

[bountyhunter] 15/4/2023 20:44

Motley Fool

Should I buy J Sainsbury shares for long-term income?

While I’ve been watching Tesco, J Sainsbury shares have climbed this year. Is it too late for me to buy and snag some top dividends.


The article has missed the higher takeover potential re Sainsbury's imv not to mention 5.3% yield vs 4.3% for Tesco.

[bountyhunter] 15/4/2023 15:06

On the supermarket milk war(!)..

Is the supermarket milk price war a sign food prices could FINALLY fall from current record highs?
By Sam Barker For This Is Money
07:00 15 Apr 2023, updated 07:00 15 Apr 2023

[bountyhunter] 14/4/2023 22:00

And even that last listed shorter has been reducing...
-0.10% 28 Mar 2023

[dipa11] 14/4/2023 21:16

Only one shorter has been left in 2.20%In February Bestway increased stakes holding by 4.5%.If someone bids for sainsbury then share price s/b 3.50 gbp plus due to shorting and further up side for bidder https://www.shorttracker.co.uk/company/GB00B019KW72/

[bountyhunter] 14/4/2023 15:47

Wasn't that 6 months before they can make an offer should they wish to do so having not made one previously? I stand to be corrected if that's incorrect :)

[georgeo1] 14/4/2023 15:22

6 months from February to make a offer or something

[bountyhunter] 14/4/2023 08:09

It's a pity that neither appear to have extended that offer to filtered milk which is always priced at a premium but lasts longer.

[spob] 13/4/2023 21:48

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Court of Appeal rejects Sainsbury’s attempt to challenge equal pay claims

[philanderer] 13/4/2023 21:45

SBRY matching TSCO and dropping the price of milk 😛

[bountyhunter] 13/4/2023 17:33

Agree with you regarding the loss of the menswear stores, Fosters was another good option, now it's a job just to find a decent pair of jeans especially with Debenhams gone which used to have a great selection. M&S is no comparison but doing well as what seems like a last man standing department store!

[georgeo1] 13/4/2023 16:51

That's a hefty sum.

[georgeo1] 13/4/2023 16:50

Who's buying 1675000 ?

[georgeo1] 11/4/2023 15:02

Bought GST, going crypto

[blackhorse23] 11/4/2023 12:54

Bought GNC today

[sharesoc] 09/4/2023 01:24

ShareSoc and Yellowstone are hosting a webinar with Sainsbury's plc (SBRY) on 22/05/23, which may be of interest to current shareholders or potential investors. James Collins (Director of Investor Relations) will be presenting. You can register here:

[bountyhunter] 07/4/2023 10:46

Aldi is better for wine if you are lucky enough to find a parking space in their undersized car parks..
At the end of the day many shoppers will go to the nearest of the big four for convenience.
There are some plus's for Sainsbury's, more spacious stores, isles and parking vs Aldi & Lidl which tend to have undersized stores, the Aldi price match promise, the loyal band of shoppers and new shopper's who have stepped down from Waitrose & M&S/Ocado not to mention the decent yield and take out potential.

[spob] 06/4/2023 17:51

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I have bought the vile mince pack in Sainsbury's. And yes it is vile. The mince is not beef mince. It is beef mush.

I buy my mince in Tesco now, until they change it back again.

[blackhorse23] 06/4/2023 11:35

Bought GNC

[philanderer] 06/4/2023 00:56

'Sainsbury's defends vac-pack mince after complaints'





I bought some today and it does look weird, but it cooks ok.

[blackhorse23] 03/4/2023 10:04

Added GNC today