Sainsbury (j) Share Discussion Threads

[loganair] 14/10/2023 11:29

RNS 2023:

21 Jan BestWay initial 3.45%
01 Feb BestWay 4.468%
12 May BestWay 4.4421%


See how many shares Sainsbury's issue each year to give out as options...from owning 4.468% of Sainsbury's in February 2023 to 4.18% in less than 10 months, BestWay owned the same number of shares however the percentage of Sainsbury's they owned fell.

[loganair] 14/10/2023 11:24

To increase ones share holding from 4.18% to 4.99% there is no need for an RNS, therefore why did one come out?

[bountyhunter] 14/10/2023 10:46

Very interesting re Bestway.
If/when they cross 5% they will have to RNS, but what happened re 4%+ as didn't they originally RNS when crossing 3%?

[loganair] 07/10/2023 12:53

Not including Nectar offers which change from week to week, on a basket of 131 grocery items Sainsburys in now the most expensive supermarket in the UK, more expensive than even Waitrose.

[tim 3] 07/10/2023 11:07

Sainsburys have been well and truly caught out here imo, they have been putting up prices to make them look cheap when they go onto Nectar offers.

Many items not on offer are sold at very uncompetitive prices sometimes nearly doubling so they can show a saving when on offer a few weeks later.

When doing a big shop that does not include offer items can work out very expensive.

On the other hand if you are careful what you pick and use the Nectar offers and most do have a Nectar card then its a very different story.

Still its not good publicity for them.

[philanderer] 04/10/2023 13:03

Good read across from TSCO.

[loganair] 30/9/2023 20:23

Aldi seem to be saying over the next few years the two German discounters will increase their market share by over 7%.

[bountyhunter] 30/9/2023 19:48

I know it's not strictly comparable but M&S has been leading the pack on the 1 & 2 year charts.

[loganair] 30/9/2023 18:38

Sat, 30 September 2023 - Aldi’s risky ambition in the battle for middle-class shoppers by Hannah Boland:



When David Potts prematurely stepped down as Morrisons chief executive last week, retail insiders were quick to say why.

“It must have been because of Aldi,” one supermarket chief says. “I can only see it as a reaction.”

Days before Morrisons announced the news, the German discounter delivered record sales of £15.5bn for 2022, as it continued its meteoric rise on British soil.

Aldi has been forcing grocers to go on the defensive for some time, as its lower price offering has hoovered up hard-up shoppers from traditional supermarkets.

Its momentum led to it becoming the UK’s fourth-largest grocer last summer and it has since gained a further one million customers after rolling out swathes of new stores.

The ambition behind its costly expansion is beyond doubt, with Aldi investing more than £3bn into opening 225 new sites over the past five years.

Yet, despite the cost, Aldi has vowed not to slow its UK growth strategy any time soon.

Just last week, the company said it wants to open 500 new stores in the UK, as local chief executive Giles Hurley bemoaned how “a third of British consumers aren’t able to shop with us and around nine in every ten pounds spent in the UK isn’t going through our tills”.

“There are clear opportunities across the country,” he said.



Shore Capital analyst Clive Black says Aldi still has room to grow, but momentum is likely to slow. “They’ve absolutely had the right proposition at the right time for when household budgets have been squeezed,” he says.

But, as cost of living pressures ease, “some of that unnatural business will start to tail off a little bit”.

At the same time, the store openings that have long provided the fuel for Aldi’s rapid growth may be getting harder to come by.

“In what is a relatively mature industry, most of the best supermarket sites in the UK have already gone,” Black says. “The next 500 stores probably won’t be quite as easy as the first 1,000 for Aldi.”

Partly, this could mean expansion into areas less receptive to Aldi’s discount proposition, diverting its attention further away from working-class areas to focus more on the middle class.

Currently, it has a higher proportion of stores in the North West of England, where incomes tend to be lower, than in the South East and London.


Paul Foley, the former UK and Ireland boss of Aldi, says the push into more middle-class areas is not new territory for the discounter. “The opportunities for them to open in lower-income areas were gone by 2015 or 2016, so they’ve been going after higher-income areas for some time.”

Still, he says, there are clearly places where shoppers have no discount store nearby, and it is this which has driven Aldi’s long-standing goal of hitting 1,500 stores by an undefined date.

“Even before Aldi opened the first store, the plan was to have a store for everybody in the UK, or at least where everybody could get to,” says Foley. “If you do the math and you take a map and put pins in it, you end up with 1,500 pins.”

Inevitably, this will have meant the more expensive sites have been left to the end, says Foley: “They will have gone for the cheaper pieces of land first.”

However, Aldi has not shied away from having to spend more, and recently said it will be investing £1.4bn across the UK over the next two years, compared to £1.3bn since late 2021.

Foley expects Aldi to get there in around seven years, despite rival discounter Lidl pursuing a similar strategy.

He predicts that the pair will hold around 25pc of the market by 2030.

At that point, he says it would be fair to say the UK has reached peak discounter. “Once they’ve got 1,500 stores, they will start to spend their money somewhere else,” he says.

But even the traditional rivals will not be able to relax, he says, as keeping hold of their customers will be just as important as getting them in the first place.

Foley says Aldi and Lidl will be “keeping everyone on their toes” for some time.

[oracle14] 26/9/2023 14:27

This is going to dump alway to 196 very soon …and Ocado will rise like a phoenix…imho

[oracle14] 26/9/2023 14:08

This is going to dump alway to 196 very soon …and Acado will rise like a phoenix…imho

[pirates4] 18/9/2023 09:35

Let's see if sainsburys could do better.

[pirates4] 18/9/2023 09:35

OCADO on the rise from low as 3 now over 8pound.

[pirates4] 18/9/2023 09:33

https://www.thesun.co.uk/money/23964254/exact-dates-for-wilko-shop-closures/

[spob] 15/9/2023 19:55

Tesco and Sainsbury's using 'potentially dodgy tactics' with loyalty card prices, Which? claims

[loganair] 15/9/2023 14:02

Supermarket giants Tesco and Sainsbury’s are using ‘dodgy tactics’ to give loyalty member customers impressions of big savings than they are really getting, according to Which?.

The consumer champion launched an investigation into two of UK’s biggest supermarkets, Tesco and Sainsbury’s to find out whether the popular supermarkets were hiking their regular prices to give the impression that customers were getting a discount.

Which? found that around a third (29%) of the member-only promotions for the Tesco’s Clubcard and Sainsbury’s Nectar card were at regular prices just days prior to the promotion.

Up to a third of loyalty offers at Tesco and Sainsbury’s are “not all they’re cracked up to be”, Which? warned, as it urged the Competition and Markets Authority (CMA) to investigate supermarket dual pricing.

Which? identified three key findings and shared them with the CMA.

It included regular prices that had been changed right before the loyalty card promotion, regular prices that were far more expensive than at other supermarkets and regular prices that were only available for a very short amount of time.

Among the potentially risky deals, Which?’s investigation revealed Sainsbury’s advertised a jar of Nescafé Gold Blend Instant Coffee (200g) for £6 with a Nectar card – a saving of £2.10 on the ‘regular’; price of £8.10. But the regular price had also been £6 at Sainsbury’s until it went up to £8.10 just two days before the Nectar price launched.

Which? also found the ‘regular’; Sainsbury’s price was much higher than at other supermarkets. At Asda, the same jar was £7, while at Morrisons, Ocado and Waitrose it was £6, £5.99 at Tesco and £5.49 at Lidl.

Which? said that Tesco and Sainsbury’s are sometimes offering customers deals that do not necessarily constitute a genuine saving.

It urged the regulator to properly scrutinise companies who use pricing tactics which make loyalty discounts look more attractive.

[pirates4] 15/9/2023 08:54

At this daily rate in the sp, we could hit £8

[loganair] 14/9/2023 18:15

I'm always amazed at how often posters get so excited about a large UT trade.

A UT trade is not a single buyer or a single seller trading rather a group of buyers and a group of sellers are matched in a single trade at a single particular price.

[pirates4] 14/9/2023 16:49

Getting those 1,000,000 buys in the past few days and it's towards the close of day.

[pirates4] 14/9/2023 16:48

Hopefully £3 tomorrow then off we go.