‘Golden era’ of cheap food is over, says former Sainsbury’s boss
- ByIndependant-
Justin King says shoppers will have to spend more of their budgets on food over the long term
Justin King says shoppers will have to spend more of their budgets on food over the long term
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J Sainsbury PLC is a United Kingdom-based merchandise retailer company. The Company operates through two segments includes: Retail, is engaged in retailing of food, general merchandise and clothing; and Financial Services. The Retail segment operates supermarkets and convenience. The Financial services segment includes the operations of Sainsbury's Bank plc (Sainsbury's Bank). The Company’s brands include Argos, Habitat, Tu, Nectar and Sainsbury’s Bank. The Company offers a range of locally tailored products and services across food, beauty, clothing, seasonal and general merchandise. It also offers groceries under various categories, such as fruit and veg, meat and fish, dairy, chilled, bakery, frozen, food cupboard, drinks, health and beauty, baby, household, pet, and home. The Company has approximately 1,409 stores, which includes 598 supermarkets and over 811 convenience stores.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Strong Sell |
| Technical Indicators | Strong Sell | Sell | Strong Sell | Strong Sell | Strong Sell |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Strong Sell |
Name | Last | High | Low | Chg. | Chg. % | Vol. | Time | ||
|---|---|---|---|---|---|---|---|---|---|
| 52.10 | 53.10 | 50.40 | +1.20 | +2.36% | 133.33K | London | |||
| 84.50 | 84.50 | 84.50 | 0.00 | 0.00% | 72.74K | London | |||
| 39.40 | 41.90 | 38.05 | -0.60 | -1.50% | 182.79K | London | |||
| 18.25 | 18.25 | 18.25 | -1.25 | -6.41% | 400.40K | London | |||
| 195.50 | 199.50 | 190.50 | 0.00 | 0.00% | 32.67K | London | |||
| 34.20 | 33.00 | 33.00 | -2.10 | -5.98% | 27.76K | London | |||
| 4,682.00 | 4,682.00 | 4,587.00 | +70.0 | +1.52% | 546.93K | London | |||
| 1,002.00 | 1,002.00 | 985.00 | +18.00 | +1.83% | 89.53K | London | |||
| 14.80 | 14.80 | 14.80 | -0.40 | -2.64% | 324.29K | London | |||
| 113.00 | 113.00 | 113.00 | 0.00 | 0.00% | 18.46K | London | |||
| 5.55 | 8.00 | 5.00 | -2.79 | -34.66% | 10.10M | London | |||
| 705.00 | 721.00 | 700.00 | 0.00 | 0.00% | 507.74K | London | |||
| 34.50 | 34.50 | 34.50 | 0.00 | 0.00% | 0.00 | London | |||
| 1,867.50 | 1,883.00 | 1,817.00 | +101.50 | +5.75% | 9.45M | London | |||
| 1,458.00 | 1,474.00 | 1,444.50 | +6.00 | +0.41% | 985.23K | London |