Sainsbury (j) Share Discussion Threads

[netcurtains] 17/12/2023 20:35

"with all there many, many layers of costly management try and take on the discounts they lose out"

That is a bit of a cliche. How do you know Sainsburys management adds no value?

Sainsbury's has 971 HQ employees.... Aldi has over 4,000....

I'd wager Aldi has way more costly management overheads then Sainsburys - on German wages.

[loganair] 17/12/2023 18:35

What I'm saying is it's highly stupid of the CEO of Sainsbury's to discount the Discounters.

Aldi have worldwide sales of $160bln, while Lidl has €135bln, far more fire power than either Sainsbury or Tesco's has.

Aldi/Lidl have been set up to be discounters in the same way Ryanair, EasyJet or Wizz Air and the incumbents such as Sainsbury or Tesco, Air France, British Airways have been set up to be run as full service companies.

When the incumbents full service companies, with all there many, many layers of costly management try and take on the discounts they lose out.

In 1990 Ryanair had just 5 aircraft and carried only a couple of hundred thousand passengers while British Airways had 50 times bigger fleet and carried over 150 times more passengers, when today Ryanair carries double the number of passengers as British Airways and is also more profitable than British airways.

[netcurtains] 17/12/2023 15:59

If the big picture is about car parks Sainsbury’s and Tesco’s win hands down. I basically don’t bother with Aldi or Lidl as too complex to park and Nectar Rewards mean Sainsbury’s is cheaper anyway (they do price match with local Aldi).IF Market share is being won by Aldi it’s almost certainly at the expense of profits. They probably are a busted flush unless they get bigger car parks

[loganair] 17/12/2023 15:28

Aldi UK stated today that it is on course for its biggest-ever Christmas after a year of further market share gains.

The discounter estimates that more than half of British households will consume at least one of its products this Christmas.

Julie Ashfield, Managing Director of Buying at Aldi UK, commented: “Although we’re all feeling the pinch a little more this year, that doesn’t appear to be dampening the appetites of our customers, who are shopping earlier and treating themselves a little more in the run up to the big day.”

The UK’s fourth-largest supermarket said it expects to sell more than five million bottles of sparkling wine, including champagne and prosecco, over 43 million pigs in blankets and more than 1,400 tonnes of sprouts in the weeks leading up to Christmas and New Year, along with more than a million packs of smoked salmon and two million jars of cranberry sauce.

The festive season tops off a strong year for Aldi, which saw it open its 1,000th store in the UK and attract over 580,000 more customers.

[loganair] 17/12/2023 15:20

The discounter has set up a new team to find UK sites for 500 new stores:


Aldi has created a new national real-estate team as it looks to deliver its plan to open 500 new UK stores.

The UK’s fourth-largest supermarket recently announced a long-term plan to operate 1,500 UK stores – and the distribution network to service them – to meet growing demand from people in every corner of the country to have an Aldi near them.

Headed by managing director of real estate, Jonathan Neale, who spent time as a real estate director earlier in his 21-year Aldi career, said: “This year we opened our landmark 1,000th store and we have the most ambitious expansion plans of any major supermarket.

While it is particularly interested in sites in London and the South East, where it wants to open 200 new stores, it is also looking for sites in areas from Glasgow to Worthing.


London and the South East is taking on Sainsbury's head to head.

[bountyhunter] 17/12/2023 14:49

Interesting, and reflected in the recent share price strength. The comments around returning to the office are spot on. Working at home full time has become a less attractive option with health problems ensuing. Hybrid working moving towards 2-3 days in the office per week is another increasingly common option.

[bountyhunter] 16/12/2023 15:45

When they say 50% off that is probably off prices marked up just before the 'sale'! Shopper's are so gullible at this time of the year.

I see that the Ocado share price is on the up again. I could see them being taken over by Amazon at some point.

[loganair] 16/12/2023 15:27

The Fidelity article makes no sense to me.

1. Food inflation 9.1% - Sales growth 6.3% = less stuff being sold.

2. 28.4% sales made on promotion = less profit.

3. Sainsbury's are gaining market share - usually this comes at the expense of margins and therefore at the expense of profits.

Therefore it seems to me reasonable to say Fidelity are incorrect when they say this proves highly profitable for the major supermarket.

Always important to remember, Fidelity are in it for themselves, therefore they write articles in the hope that the private retail investor will invest some of their hard earned cash via investments in Fidelity products.

[loganair] 16/12/2023 15:20

Fidelity - While annual grocery inflation is falling - it was 9.1% in the four weeks to 26 November, down from 9.7% the month before, according to market data group Kantar - food price inflation has so far proven highly profitable for the major supermarkets.

Encouragingly for retailers, it said grocery sales had risen 6.3% year-on-year over the same period, with 28.4% of sales made on promotion, the highest in over two years. Kantar has forecast that, as a result of higher prices and shopper spending, this December could see grocery sales hit over £13 billion for the first time. And that could make Christmas 2023 an even a bigger winner than usual for the big supermarkets.

Key, of course, will be what they themselves have to say about how their Christmases went. But it all bodes well for some big wins. Consumer research group Nielsen also reckons Christmas 2023 could see a record spend on groceries. Its data, for the four and half weeks to 2 December, suggests the likely winners from the festive spend will be the German discount chains, Marks & Spencer/Ocado Retail, Sainsbury's and Tesco.

There was never any doubt that old foes, the German discounters Aldi and Lidl would continue to disrupt business. In fact, they’re almost guaranteed to remain very much front of mind for cash-strapped consumers. Aldi, which is offering Christmas dinner for six at £2.25 a head, has already said it sees a record-breaking Christmas on the cards. But you can be sure their UK counterparts won’t go down without a festive fight.

Lidl, Aldi, Ocado, Sainsbury’s and Tesco were the best performers over the 12 weeks to 26 November, according to Kantar. Interestingly though, it said Sainsbury's, currently the number two player among the UK big five (Tesco, Sainsbury’s Waitrose, Asda and Morrisons) delivered its largest market share gain in over a decade.

Dates for the diary: First up with its Christmas trading update will be Sainsbury’s on 10 January. Tesco will report its Q3 and Christmas numbers a day later, on 11 January.

[loganair] 15/12/2023 10:28

Or in other words, Sainsbury's are saying that due to people having little extra money in their pockets to spend TU clothing is not selling so have to mark down by 50% to try and get the stuff of the coat hangers - not a good sign.

When it comes to clothing I wish the likes of Sainsbury's and M&S would get away from 'Fashion' and what is in vogue and return to 'Classic Style' is where the real profit is to be made for the likes of these two companies.

As soon a a brand becomes a 'Fashion Brand' usually means no longer fits any more, reduced quality of material and stitching.

[philanderer] 15/12/2023 00:48

Sainsbury's launches massive 50% off Tu sale for men's, women's and kids fashion,/b>

Sainsbury's fashion brand Tu has reduced all sorts of items to half price just in time for Christmas

[pirates4] 14/12/2023 12:26

3.40p Not too off from 4 pounds ,

[philanderer] 13/12/2023 10:15

Barclays raises Sainsbury price target to 340 (310) pence - 'overweight'

[bountyhunter] 12/12/2023 11:52

The 1s and 2s will probably be Freetrade transactions.

[loganair] 12/12/2023 10:52

P4 - One of the on-line brokers I was with used several mms to put their trades through.

For example when buying 1,000 shares, was made up of 5 mms, with one of the mms being for just 1 share a second being for 23 shares while the remaining 3 mms were for the remainder 976 shares.

[netcurtains] 12/12/2023 10:31

Get those Nectar points!.....

PS - ADVFN can join the Nectar scheme if they want to give their "premium" members nectar points....

[pirates4] 12/12/2023 10:09

4 pounds rin upto Xmas.

[pirates4] 12/12/2023 10:07

Some are silly buying and selling quantities of 1 and 2's

[bountyhunter] 12/12/2023 08:21

Approaching a Golden Cross..

[bountyhunter] 12/12/2023 08:18

£3+ beckons

May take a few attempts to break through and hold above £3?

[bountyhunter] 09/12/2023 14:07

Freeview 236, not that I would recommend it!

[netcurtains] 09/12/2023 13:34

Apologies I’ve never heard of it. I guess it’s new.