Sainsbury (j) Share Discussion Threads

[pirates4] 04/1/2024 14:43

Staff in London get over 13pound

[pirates4] 04/1/2024 14:26

https://www.ig.com/en/news-and-trade-ideas/tesco-and-sainsburys-bolster-market-share-ahead-of-christmas-tra-240104

[tim 3] 04/1/2024 14:14

Staff to get 9% rise to £12 an hour.

[philanderer] 04/1/2024 13:48

Sainsbury’s to hike hourly pay for 120,000 staff across UK

The supermarket chain said hourly paid employees will see their salaries increase from £11 per hour to £12 per hour in March

[spob] 04/1/2024 11:33

.
I can't ever see any of these large supermarkets pulling out of their multi-decade death spiral.

The writing has been on the wall for many years.

Still they continue down the same path.

Will any of these companies ever be run by a boss with a brain ?


I doubt it.

[loganair] 04/1/2024 09:10

It would be nice to see an increase in profits = an increase in the dividend rather then caring too much about market share.

[pirates4] 04/1/2024 08:47

It would be nice to see some progress to get this share price moving this year.

[netcurtains] 04/1/2024 08:16

Sainsburys Wins the Chrismas Crown:

[loganair] 03/1/2024 14:15

More like all the McDonald's they continually stuff down their faces every day.

The human brain is still prehistoric and when it comes to food it says beef smelling that way = a certain number of calories therefore we need to eat this much - where as McDonald's etc have so changed the smell of the meat that our brain says the smell of a McDonalds burger has say 300 calories when it fact it has 1,200 calories so our brains says we need 8 McDonalds worth of calories in a day when in reality we only need 2.

Some of the most fattening food is in North East Italy and yet they have some of the slimmest people in Europe - Why? they still eat proper smelling food and therefore their brains know the calorie content of the food they're eating, therefore they eat the correct amount of calories they need.

[bountyhunter] 03/1/2024 14:06

The fat people must buy the mega packets instead! ;)

[bountyhunter] 03/1/2024 13:41

Not to mention the quantity per item.
If you empty an average packet of crisps there's barely any crisps in a packet now, for example.

[loganair] 03/1/2024 12:15

With every thing one buys now, not only have the prices gone up, the quantity has gone down, even with the cut of clothing and the quality has gone down - therefore what is the true rate of inflation if taking all 3 into account?

The real rate of inflation is at least 50% higher then taking the increase in prices alone.

[loganair] 03/1/2024 10:58

For several years now I've been posting that I thought in 2025 Aldi/Lidl combined would top out at 22% market share while Morrison would bottom at 8%, ASDA at 12% and Tesco at 25% - I wonder how accurate my thoughts are going to be.

So far I think I've been wrong when it comes to Tesco as Aldi/Lidl seem to be taking most of their share from Morrison and ASDA while taking very little from either Tesco or Sainsbury's.

When it comes to Morrison's 8% is still well on the cards, maybe even a little lower while ASDA I can still see being in the lower 12 percents.

When I made my forecasts Morrison were at 11% UK market share, today they stand at 8.7%, a loss of 2.3% (however they did gain 0.4% from McColl's therefore their loss has been 2.7%) while ASDA were at 17.0% and today 13.6%, a loss of 3.4% while both TESCO and Sainsbury's are only very slightly down during the same time.


Note - all figures are from Kantar and not Nielsen who include M&S circa 3.5% market share.


If taking Nielsen then they already have Morrison down at 8.1% and ASDA at 12.3%.

[loganair] 03/1/2024 10:29

If Morrison hadn't bought out McColl's 18 months ago, their UK supermarket share would be around 0.3% to 0.4% lower then it currently is today.

At Morrison current rate of decline and Lidl current rate of growth, it looks likely that Lidl with over take Morrison in around 18 months times. This would mean in just 3 years Morrison's would have gone from being the 4th largest supermarket chain by market share to being number 6.

[bountyhunter] 03/1/2024 10:22

Agreed, and Sainsbury's should pick up at least some of the slack.

[loganair] 03/1/2024 10:15

It seems to me reasonable to say that the Private Equity firms are going to destroy Asda and more so Morrison in the same way they did to Debenhams, Woolworths, Comet, Toys R Us etc.

[loganair] 03/1/2024 09:38

Iceland are also struggling, even their CEO said as much and the reason why they cancelled their Christmas ad campaign to save money.

[netcurtains] 03/1/2024 09:25

Yes its quite possible Asda and Morrison are on the way out..... Perhaps up for sale even...

[loganair] 03/1/2024 09:20

net - Even so, compared to last Christmas, Lidl had the highest increase in market share, followed by Sainsbury and Aldi.

How poorly are both Asda and Morrison are doing since they've been taken private even though Morrison took over the 1,000 chain McColl's and the nearly 500 conversations to ASDA express in the Issa brothers petrol stations and still they continue to massively lose market share.

[netcurtains] 03/1/2024 09:09

loganair: I think Lidl and Aldi have done badly as really the extra sales were done sneakily by "price inflation" - 1p is a bigger percentage of a Lidl sale then a Waitrose sale. When prices stabilise it might be clearer who are the real winners. I suspect its the supermarkets with the BIG car parks........

[loganair] 03/1/2024 08:56

Headline such as - UK Supermarkets Experience Busiest Christmas Since 2019, Says Kantar - are useless as more important is the actual amount of products sold.

With food inflation running at 20%, not too difficult to get a 5% etc rise in spending, still means 15% less product was sold.


At the same time, however, Lidl and Aldi were the strongest performing retailers during the 12 week period – Lidl increased its sales by 13.8%, while Aldi's sales rose by 9.9%.

Compared to Christmas 2022, Christmas 2023 market share:

Tesco +0.1% higher market share and 7% higher spend.
Sainsbury +0.3% higher market share and 9.3% higher spend.
ASDA -0.4% lower market share and 3.4% higher spend
Aldi +0.2% higher market share and 9.9% higher spend.
Morrison -0.3% lower market share and 3.2% higher spend.
Lidl +0.5% higher market share and 13.6% higher spend.
Co-op -0.2% lower market share and 3.8% higher spend.

Iceland had the lowest increase of spend at + 2.9% with Ocado at +5.5%.

As can be seen, both Aldi and Morrison continue to fall back compared to the other 4 big supermarket chains.

Except for the covid bump up, Ocado market share has stayed the same over the past few years which seems to me shows that on-line home delivery is not the way to go for the supermarkets.

[spranson] 03/1/2024 08:22

However, Tesco and Sainsbury’s, the UK’s two largest supermarkets, also took a share with Sainsbury’s grabbing more than Aldi to claim a 15.8% slice of the market, its highest level since 2020 as sales rose 9.3%, making it the best performer among the traditional chains.