Sainsbury (j) Share Discussion Threads

[loganair] 16/11/2023 12:45

For several years now...says Serves 4...just about does my son and I...in reality just about serves 2.

[philanderer] 16/11/2023 11:25

Goldman Sachs starts J Sainsbury with 'neutral' - price target 305 pence

[bountyhunter] 15/11/2023 20:10

That's what I was thinking, apart from Ocado that is. Maybe growth stocks are coming back into fashion with interest rates having apparently peaked!?

[spob] 15/11/2023 17:00

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And it says on their packaging, 'Meal for one'

Maybe for a 2 year old. Not for an adult.

[spob] 15/11/2023 16:58

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Eg Sainsbury's ready meals. I have to search quite hard to find some chicken in their ready meals.

Buy the same from Waitrose or MKS and you almost have too much chicken in them.


And rice must be getting very expensive for Sainsbury's too. Some of their ready meals have hardly any rice in them at all.

[philanderer] 15/11/2023 16:00

Supermarkets out of favour today.

[nakedmolerat] 15/11/2023 15:31

used aldi and sainbury;s for a few years, but sainsbury's much better with quality and products. aldi seem to be the same price on many items now and terrible queues.

[spob] 15/11/2023 14:27

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Love to know what was wrong with this ill customer in Pinner store.

He got two ambulances and a police van.


When I phone my doctor to get an appointment, the response is always, not a chance in hell.


Maybe he saw the prices and had a heart attack.

[loganair] 15/11/2023 08:13

Its called a lack of staff due to the average British person no longer wanting to work, especially students at college who seem only to want to spend all their time on their phones.

[tim 3] 14/11/2023 22:19

The biggest supermarket round here is Asda was told it takes around a million a day in the run up to Christmas.Friend went there the other day and there were 2 tills open and queue was half an hour long!

[loganair] 14/11/2023 21:08

In both my local Sainsbury's and Tesco's much of the time the fruit and veg shelves are half empty.

[bountyhunter] 14/11/2023 20:14

Sainsbury’s, M&S and Currys call on chancellor ahead of business rates rise

[mike24] 14/11/2023 20:06

retail spending may drop, its seeing fruit & veg shelves stay stocked in run up to xmas
is OCDO 10% rise today justified

[spob] 08/11/2023 22:48

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UK retail spending growth drops in run-up to Christmas



Valentina Romei in London

Growth in UK retail and consumer spending slowed last month to rates well below inflation, according to sector data that points to households cutting purchases ahead of the busiest shopping season of the year.

The value of retail sales rose by an annual rate of 2.5 per cent in October, down from 2.7 per cent in September and well below the 12-month average of 4.2 per cent, the British Retail Consortium said on Tuesday.

The figure from the trade body compares with September’s headline consumer price inflation reading of 6.7 per cent, indicating households are buying lower volumes of goods even if they are spending more, a pattern seen since the second half of 2021.

Weak spending does not bode well for economic growth, of which it is a large component, or for retailers, who are hoping for a boost in the run-up to the festive period.

The Bank of England last week forecast no growth in 2024 as the impact of high interest rates feeds through to households and businesses, and the BRC data suggests high prices and the central bank’s sharp rise in interest rates since the end of 2021 are both hitting demand.

Paul Martin, UK head of retail at advisory group KPMG, which compiled the figures for the BRC, said shops faced a “challenging Christmas”. Higher inflation and mortgage payments coupled with dwindling savings from the pandemic and bigger energy bills meant “beleaguered consumers are thinking very carefully about how they spend their money”.

The value of non-food sales contracted by 1 per cent in the three months to October, down from a 12-month average of 0.6 per cent growth, BRC data showed.

The figures chime with statistics published on Tuesday by Barclays, which showed that consumer card spending grew by 2.6 per cent year on year last month — the smallest uplift since September 2022.

The payments company, which monitors almost half of all UK credit and debit card transactions, reported that spending on household goods dropped by an annual rate of 6.5 per cent, with furniture and home improvement stores registering declines of more than 7 per cent.

Restaurant spending fell by 10.3 per cent, but pubs, bars and clubs reported an expansion boosted by England’s performance in the Rugby World Cup.

Jack Meaning, chief UK economist at Barclays, said October’s data showed that households were “pulling back from discretionary spending and are increasingly worried about their future ability to spend”

[bountyhunter] 08/11/2023 22:33

Added the M&S share price to the header.

[loganair] 08/11/2023 12:23

The latest comparison I can find between Kantar and Nielsen for UK grocery market share is for September 2023.


..........Ksntar..Neilsen.Difference
Tesco......27.2%...26.8%...-0.4%
Sainsbury..14.8%...13.7%...-1.1%
Asda.......13.8%...12.3%...-1.5%
Aldi.......10.1%...11.5%...+1.4%
Lidl........7.6%....8.7%...+1.1%
Morrison....8.6%....8.1%...-0.5%
Co-op.......6.1%....4.4%...-1.7%
Waitrose....4.6%....3.6%...-1.0%
M&S.................3.5%
Iceland.....2.3%....2.3%....Same
Ocado.......1.6%....1.5%...-0.1%

[loganair] 08/11/2023 12:12

M&S currently have 361 M&S Simply Food sites and they intend to increase this number to 420 by early 2026 which is expected to give them circa 4.5% grocery market share in the UK.

M&S suffered a £29.5m loss in its last financial year for its share in the joint venture with Ocado and analysts expect it to make a loss again this year.

The joint venture has been grappling with availability of M&S products on Ocado, poor value perceptions and a lack of joined-up marketing.

Ocado Retail has significant underutilised capacity but has seen revenue decline recently and its market share has gone back to about 1.5% from 2.0% at the peak in 2021.

At some time in the not too distant future analysts expect M&S to take full control of Ocado retail in the UK which will give M&S a further 1.5% market share + the 1% expected increase by 2026 will give M&S circa 6% UK grocery market share within the next 5 years.

[loganair] 08/11/2023 11:55

Sainsbury’s has recorded strong retail sales growth in the first half of its financial year - I say so what.....

As this sales growth comes at the expense of margins and therefore at the expense of profits and therefore at the expense of share holder dividends.

[loganair] 08/11/2023 11:48

I just wish Kantar would include M&S in their UK grocery market share figure, Nielsen does.

M&S has somewhere between 3.5% and 3.8% market share and therefore will make a meaningful difference to the Kantar market share figures.

[pirates4] 08/11/2023 11:37

Nice to see this rise for once.

[loganair] 08/11/2023 10:36

Sales are meaningless, only margins and profits that matter - Ocado still a loss making company a company that has never made a single penny in profit since its inception.

Years ago I remember posters saying HMV is a £3bln turn over company or Woolworths with £2.2bln turn over with their 60% of 2 entertain business valued at £100mln and when they went bust was sold for less than £5mln - how can they go bust??? And both companies did in very short order.

If I was CEO of Sainsbury's I would ditch home delivery, taking a 0.5% hit on my market share while for the time being retain click and collect thereby no longer any need for expensive delivery vans, their drivers, fuel and maintenance costs.

[bountyhunter] 08/11/2023 10:06

MKS and Ocado going up.
MKS food sales up 14.7%

[spob] 07/11/2023 21:17

UK grocery inflation falls to single digits for first time in 16 months, data shows

Kantar’s figures suggest official statistics will be lower when published next week

Valentina Romei


UK grocery inflation has slowed to single digits for the first time in 16 months, according to sector data that will add to hopes of food prices normalising in the coming months after a long run of sharp increases for households.

The annual rate of supermarket price rises was 9.7 per cent in the four weeks to October 29, research company Kantar said on Tuesday, down from 11 per cent in September and well below the all-time peak of 17.5 per cent in March.

Tuesday’s reading, the first in single digits since July 2022, suggests that next week’s official food inflation figure will decline further, which would help bring down overall inflation and support real incomes.

This would be welcomed by policymakers as they seek to lower price growth from 6.7 per cent now to the 2 per cent target, and could ease pressure on the Bank of England to keep interest rates high for a prolonged period.

Last month, the Office for National Statistics said price growth of food and non-alcoholic beverages was 12.1 per cent in September, down from a 45-year high of 19.2 per cent in March. Wholesale food prices soared in the summer of 2022 following Russia’s invasion of Ukraine, hitting the poorest households hardest.

Last week, separate unofficial data showed UK shop price growth also eased to the lowest rate in more than a year.

Fraser McKevitt, Kantar’s head of retail and consumer insight, said the end of double-digit growth in grocery price inflation marked a “big milestone for the British public and retailers”.

But he cautioned that households were still “feeling the pinch” because of annual price falls in only a limited number of big categories including butter, dried pasta and milk.

Consumers were continuing to increase their purchases of supermarkets’ own-label products, rather than branded goods, and to favour cheaper retailers, according to Kantar. It said discounters Lidl and Aldi registered the fastest annual sales growth of 14.7 per cent and 13.2 per cent respectively compared with 7.9 per cent across the grocery sector.

Supermarkets, meanwhile, continued to try to soften the blow for shoppers, with the proportion of sales through deals increasing at every grocer compared with last year — something that has happened only once in the past decade.

Myron Jobson, senior personal finance analyst at the investment platform Interactive Investor, said: “Britons have been force-fed a diet of higher costs for basic necessities for a prolonged period and the fact that we’re seeing some easing in food inflation is really important for shoppers.”

Separate data on Tuesday from the British Retail Consortium, a trade body, and payments company Barclays showed a slowdown in the annual rate of retail sales and consumer spending to well below inflation, indicating that households were cutting back on purchases.