Tesco Share Discussion Threads

[philanderer] 25/6/2019 14:28

Buyers coming in.

[vaneric1] 25/6/2019 13:03

Our nearest Lidl has been closed for weeks while they extend its size.
Some respite for the Co-op the only competition in the town and formerly holder of a monopoly in the area and who fought off attempts by Tesco and Asda to build stores there.

[loganair] 25/6/2019 11:32

Nielsen's UK head of retailer insight, said: "Aldi and Lidl are growing sales due to new store openings, and from refurbishing and remodelling existing stores. Whilst the top four supermarkets are not opening many new stores at the moment, they are investing significantly in new ranges, in particular in the food-to-go categories, where shoppers are shifting their fresh-food spend."

[philanderer] 25/6/2019 11:13

Morning hazl .

updated..

Wm Morrison Supermarkets, down 2.7%, Tesco, down 2.1%. The UK grocery market recorded three years of consecutive sales growth, posting a modest 1.4% growth in the 12 weeks to June 16, data from Kantar showed. Kantar said the modest growth in the period was down to last year's bumper summer, which included soaring temperatures and the build up to the men's Football World Cup.

Sales for Morrisons decreased by 0.5%, lowering its market share of grocery sales to 10.4% from 10.6%. Tesco saw flat sales in the period and its market share slipped to 27.3% from 27.7%. Kantar attributed the flat sales performance at Tesco to growth in its value own-label lines like Eastman's and Redmere Farms and due to lower prices offered by its "100 Years of Great Value" campaign.

Alliance News

[hazl] 25/6/2019 10:39

People have to eat.
These stores have had their ups and downs as long as I can remember.

[philanderer] 25/6/2019 10:20

Market report..

..supermarket chain WM Morrison Supermarkets was down 1.4% after the latest UK grocery market share data from Kantar Worldpanel showed Morrison's market share fell to 10.4% from 10.6% in the 12 weeks to June 16.

Tesco was down 1.3% after the Kantar data showed the UK's largest supermarket chain's market share fell to 27.3% from 27.7%.

However, J Sainsbury was up 1.0%, despite the grocer's market share declining To 15.3% from 15.6%.

Alliance News

[loganair] 25/6/2019 09:25

Supermarket market share compared to a year ago - note Kantar excludes M&S who have around 3.3% of the grocery market share so in reality the market share of the supermarkets is lower then that given by Kantar:


...........June 2018..June 2019

Tesco........27.7%......27.3%
Sainsburys...15.6%......15.3%
Asda.........15.1%......14.9%
Morrison.....10.6%......10.4%
Aldi..........7.4%.......7.9%
Co-op.........6.1%.......6.2%
Lidl..........5.4%.......5.7%
Waitrose......5.1%.......5.0%
Iceland.......2.2%.......2.1%

[philanderer] 25/6/2019 00:38

Even another explanation ? ;-)


The supermarket groups were heavily sold off amid a wave of food recalls and the latest batch of negative data on spending.

Sainsbury's led the plunge lower, falling 4 per cent, or 7.85p, to 188p, with Tesco down 2.3 per cent, or 5.4p, at 231.3p.

[hazl] 24/6/2019 19:41

Hi philanderer thanks for the response. Yes Tesco has changed over the years sine l first got it. Changing with the times

[philanderer] 24/6/2019 18:52

or back to this..


"... French food retailer Carrefour sold an 80% stake in its Chinese operations for $698m to Suning, in which e-commerce giant Alibaba holds a stake, underscoring the threat posed by the likes of Amazon.com to it and its peers (such as Sainsbury and Tesco) in their core markets."

[philanderer] 24/6/2019 17:36

Ah , maybe this..

"..At the bottom of the index was J Sainsbury, down 4.0% while Tesco slipped 2.0% ahead of the latest grocery share figures from Kantar for the 12 weeks to June 16, due out at 0800 BST on Tuesday."

Alliance News.

[philanderer] 24/6/2019 17:12

Afternoon hazl , that KGH looks interesting . I've put it on my watch list now thanks.


As for TSCO today the only shareprice performance link would be the shenanigans going on at Carrefour, but it's tenuous.

[philanderer] 24/6/2019 09:12

Morning hazl, sorry for the delay in replying.

I've never heard of them before . Going to have a look though :-)

[hazl] 21/6/2019 14:34

I only ask because you are quite discerning.

[hazl] 21/6/2019 14:32

Every little helps philanderer.

Have you seen KGH Knights?

[philanderer] 21/6/2019 14:25

Nice dividend into the account this morning :-)

[vaneric1] 20/6/2019 11:06

I have a niece just arrived for a holiday from Australia, she's currently in Aberdeen, she phoned me yesterday said she'd been shopping in Asda and couldn't believe how terribly expensive everything was to buy.

[loganair] 20/6/2019 10:27

Will Walmart really get over £7bln for Asda, that is around 70% higher than the current value of Sainsbury's???

In the wake of the blocked Asda-Sainsbury’;s merger, Walmart is now “seriously considering” selling Asda in a public share flotation likely to value the business at over £7bn.

Judith McKenna, the British-born Chief Executive of Walmart’s international businesses, is reported to have told Asda staff, “While we are not rushing into anything, I want you to know that we are seriously considering a path to an initial public offering – a public listing – to strengthen your long-term success.”

McKenna said Walmart did not have a “one size fits all” approach to its divisions around the world and Asda should focus on improving its operations, including implementing £80m of price cuts to take on rivals.

[philanderer] 20/6/2019 09:59

Opportunities at Tesco, says Jefferies


A capital markets day at Tesco (TSCO) has revealed future ‘sales enablers’ and cost savings opportunities, says Jefferies.

Analyst James Grzinic retained his ‘buy’ recommendation and target price of 275p on the shares, which were trading at 235p yesterday.

‘Tesco’s capital markets day showcased interesting future sales enablers and sizeable cost savings opportunities,’ he said.

The cost savings include tighter, multi-year supplier relationships, and optimisation of the store model.

‘The fleshing out of the building blocks to the free cashflow rebuild reassured us,’ said Grzinic. ‘So did spending time with the impressive, and fully engaged, senior team. This should help underpin more progress in the valuation context.’

[philanderer] 19/6/2019 17:34

update:

'Tesco Finest: No opening date'

Just in case you're salivating at the prospect of visiting one of Tesco's mooted upmarket convenience stores, chief executive Dave Lewis has now clarified that it's very much a concept at present. There is no date yet for any Tesco Finest pilot store openings, he has said.

BBC

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Tesco in redundancy pay row after grocer admits it 'over and underpaid' workers

[philanderer] 19/6/2019 10:22

(Alliance News) - Grocer Tesco PLC is considering launching a network of stores using its 'Finest' brand, the Financial Times reported Tuesday.

The stores would compete with the likes of Marks & Spencer Group PLC's Simply Food range, the FT said.

Tesco is looking to capitalise on a recent recovery in sales and margins, the newspaper continued. A 'Finest' store range could deliver an operating margin twice that the company currently achieves, it added.

[philanderer] 19/6/2019 09:51

19th june Deutsche buy tp 285p cut from 295p
19th june ShoreCap buy -
19th june Jefferies buy tp 275p

[philanderer] 18/6/2019 20:48

Tesco pins growth hopes on plant-based ready meals and robots

Supermarket tells investors its plans also include more upmarket Tesco Finest convenience stores