marshy_s
28 Apr 2018
Re: Asda and Sainsbury� confirmed I think this is a demonstration of the extent of the dire state these two retailers are in and I wouldn't be surprised to see negligible SP upticking on Monday, made more likely given the competition hurdle.
Lupo di mare
28 Apr 2018
Re: Asda and Sainsburyï confirmed Got to say that a post-merger market share of some 31% against Tesco's 29%, or whatever, shouldn't cause the CMA too much of a problem, but I wonder if the CMA might just put an upper level on all supermarket market share, which I guess they would be doing, in effect, if they told Sainsda to cut to a certain level.I see that dear old Vince Cable is up in arms about the proposed merger. Bless him, but I do think that he's not the man that he once was. Nor's Lupo for that matter....
Lupo di mare
28 Apr 2018
Re: Asda and Sainsburyï confirmed And from the BBC Business site:-[link]
idontwanttolose
28 Apr 2018
Asda and SainsburyÂ’s in talks over £10BILLION merger Monday could be interesting!!!![link] uncertainly is how Wal-Mart and Sainsbury’s would gain approval from the Competition and Markets Authority.Sainsbury’s and Asda have been under enormous pressure to compete with German budget stores Aldi and Lidl, which have racked up a huge following in the UK.Mike Coupe, the Sainsbury's chief executive, is said to have been one of the driving forces behind the proposed plan.A source with insider knowledge has revealed the holding company of the Asda-Sainsbuy's group would be named Sainsbury's after the proposed merger, meaning all Asda standalone stores may cease to exist.
AliDindamarket
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks Or strong sell if this lauches
Kool Keith
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks obviously I'm also hoping the market will be happy with the idea of the merger, the way I read the article (rose tinted glasses and all) with the Tesco/Booker deal it paves the way for more bigger deals and while I agree would be less competition if Asda/Sains/Morrisons don't do something there'll be no competition as Tesco will be too big to hurt and Lidl and Aldi are grabbing market share all the time (never impressed when I pop in to either of them).They also mention the rise of amazon as a reason why/how the merger could get pushed through.Enjoy the weekend, Monday should be the start of an interesting week.
AliDindamarket
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks Meant strong buy
AliDindamarket
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks What can one say. I bet the quataris are going to have a say. Monday morning should be very very very interesting.Really mean it this timeGLAAlid
skiking
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks I never saw that coming but I am glad I have a few shares. Can only expect the shares to leap but knowing the fact that I own shares in SBRY they will go in the opposite direction (sorry to everyone else). However, I can't see this getting past the monopolies commission especially as there was a review when TSCO bought Bookers - top 3 then becomes a two horse race with ASDA-be-Sainsburys being No. 1.
Lupo di mare
28 Apr 2018
Re: WOW Asda/Sainsbury merger talks You got a snip there, KK, but what will it do to the sp? It should be favourable, why else do it.Results due out Wednesday.
Kool Keith
28 Apr 2018
WOW Asda/Sainsbury merger talks Asda & sainsbury in £10b merger, glad I'm holding[link]
Lupo di mare
04 Apr 2018
Kantar ..and an insight into shopping habits! Interestingly, I see SBRY's is up and Tesco down a touch this AM."LONDON (Alliance News) - The so-called Beast from the East's cold snap in the UK failed to freeze grocery sales as retailers lost out on just GBP22 million in sales, according to the latest UK grocery market share figures published Wednesday by Kantar Worldpanel."The Beast from the East played havoc with consumers' usual shopping plans. In the run up to and during the cold snap, shoppers stockpiled groceries buying 4% more items than normal, increasing the average value of a trip from GBP14.99 to GBP15.80. However, they simultaneously visited stores 5% less often as they stayed wrapped up at home, meaning overall lost sales from the storm were minimised to GBP22 million," said Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel"Warming foods and drinks were the go-to items for customers after braving the snowy weather ? sales of hot beverages and tinned soup grew by 8.4% and 27.5% respectively over the past month," McKevitt added.McKevitt said an early Easter this year compared to 2017 motivated consumers to start their Easter weekend shopping during the month of March. Easter eggs sales rose 69% year-on-year despite average prices jumping by 35 pence to GBP1.83 and hot cross buns also saw a steep rise, with sales up GBP7.7 million compared to this time last year, he added.Sales at German retailers Lidl and Aldi grew around 10% year-on-year in the 12 week period to March 25, with both retailers competing to become the country's fastest growing supermarket chain. This compares to sales growth for the big four UK supermarkets of 2.4% for Tesco PLC, 0.6% for J Sainsbury PLC, 2.4% for WM Morrison Supermarkets PLC and 1.8% for Asda, part of Wal-Mart Stores Inc.Meanwhile, Waitrose recorded growth of 1.5% and online grocer Ocado Group PLC of 9.3%. Co-op posted a 0.1% rise in sales, while Iceland sales fell 0.8% in the period.Tesco's market share remained steady at 27.6% in the 12-week period. Sainsbury's market share fell by 0.3 percentage point to 15.8%. Asda's market share fell back by 0.2 percentage point to 15.6%, while Morrisons' share fell to 10.4% from 10.5% a year ago."Grocery inflation now stands at 2.5% for the 12 week period ending March 25. Prices are rising fastest in markets such as butter, fresh fish and fresh pork, fresh lamb, and are falling in only a few markets, including laundry detergents and ambient cooking sauces," Kantar said.
nk1999
30 Mar 2018
Jefferies From Citywire 29/03:"Sainsbury’s medium term outlook positive, says JefferiesA meeting with Sainsbury’s (SBRY) has convinced Jefferies that the outlook for the core food business is strong for the supermarket and for its UK peers. Analyst James Grzinic retained his ‘hold’ recommendation and target price of 270p on the stock, which rose 2.3% to 234.5p yesterday.‘An afternoon with Sainsbury’s…allowed the group to showcase recent progress and future plans, as well as comfort with consensus estimates for both 2017/18 and 2018/19,’ he said. ‘The latter likely implies margin build in the core food business, positive for both Sainsbury’s and UK peers.’He added that the supermarket was trying to differentiate itself by supporting new brands ‘at a time when larger suppliers are struggling to maintain brand equity’, and a more flexible approach to space. "
Lupo di mare
25 Mar 2018
Discounters profits "(Aldi) It earned 5.10 pence of operating profit for every pound customers spent in 2013. 2016 it had fallen to 2.42 pence in the pound, with total operating profit down 17 percent to 211.3 million pounds. Analysts believe it likely also fell in 2017. Lidl does not disclose its UK profitability but analysts estimate its operating margins to have been on a similar trajectory. Aldi and Lidl say they can afford to take a long-term approach as, being privately-owned, they are not beholden to shareholders, unlike their big four competitors. “We’re not fixated on a particular point on the horizon where we have to report a certain set of statistics,” said Neale. One longer-term threat to Aldi and Lidl’s model could come from ecommerce, where the British supermarkets are trailblazers. The German companies have not embraced ecommerce but Amazon’s entry into selling food online could mean they also have to follow suit."
Lupo di mare
21 Mar 2018
Mike Coupe Gonna try this again, last time it switched me to another board even though I had started out on this one. Check- yes, right one."Heard the back-end of him being interviewed on R4 today. From the bit I heard, he came across as well in tune with biz, which, of course, he should be, but, yeah, impressed.On the way home from Sbry's at the time. De ad busy, but then it's a sunny day."
