Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. J Sainsbury plc
  6. News
  7. Summary
    SBRY   GB00B019KW72

J SAINSBURY PLC

(SBRY)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

J Sainsbury : Sainsbury's puts down roots in Countesswells, Aberdeen

10/01/2021 | 08:52am EST

01 October 2021

Sainsbury's Local in Countesswells welcomed its first customers this morning after local primary school pupils cut the ribbon at the opening ceremony, to celebrate the store's arrival in the growing community to the west of Aberdeen.

The new 2,503 sq. ft Sainsbury's Local is now open from 7am-11pm seven days a week and is conveniently located in the community's first Neighbourhood Centre, next to where the new Countesswells Primary School will be situated.

The store will offer people who live and work in the area a wide range of fresh food, fruit and vegetables as well as branded and own-brand groceries and household products. Bread and pastries will be baked every day in the store bakery and customers will have the opportunity to pick up a fresh coffee from a self-service Costa coffee machine. The store will also include a Sainsbury's Bank ATM for the convenience of Countesswells residents.

Sainsbury's Property Director, Patrick Dunne, said: "I'm delighted that Sainsbury's is the first retailer to become part of the exciting new community in Countesswells. Our passion for great quality food, convenience, value and excellent service makes us a natural fit for the town and we're very pleased to be welcoming our new Local into Sainsbury's long established Scottish estate which now has over 130 stores and over 9,000 colleagues."

Sainsbury's Aberdeen Countesswells Local Store Manager, Annette Henderson, said: "The store looks fantastic and we're sure customers will love the product ranges on offer. My team has worked hard to get the store ready and we're now really looking forward to welcoming and serving the people of Countesswells."

Countesswells now has around 600 new homes on site and the award-winning development boasts extensive landscaped grounds including the Cults Burn Park, a playpark and a community orchard.

Alex Goodfellow, Director of Countesswells Development Limited added: "Sainsbury's arrival in Countesswells marks another key milestone in our commitment to delivering a highly attractive community that combines the best of modern living with a tranquil, rural setting.

"This investment in the new community supports local jobs and provides a much-needed local supermarket, which we know will be welcomed by residents."

Sainsbury's is committed to being at the heart of the communities it serves and the 22 colleagues that make up the Countesswells team will play an active role in the area. Scottish charities that Sainsbury's has recently supported include Aberdeen Cyrenians and Integrate Scotland and the store will also support Sainsbury's nationwide community programmes and charity partners.

Disclaimer

J. Sainsbury plc published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 12:51:05 UTC.


ę Publicnow 2021
All news about J SAINSBURY PLC
01/24Berenberg Keeps Sainsbury At Hold, Boosts PT
MT
01/24TURN POINTS INTO POSITIVITY : New Nectar launch enables customers to donate points to char..
PU
01/20Factbox-How UK retailers fared over Omicron-hit Christmas
RE
01/20UNA-PEEL-ING : Brits bin more than ú1.17 billion worth of fruit and veg each year
PU
01/14SAINSBURY'S STATEMENT : Death of Lord Sainsbury of Preston Candover
PU
01/14Five things we learnt from UK retailers' Christmas updates
RE
01/14J SAINSBURY : Sainsbury's strengthens top team and creates Chief Transformation Officer ro..
PU
01/14Mccoll's Retail Group COO To Take Over Chief Commercial Officer Role
MT
01/13How UK retailers fared over Omicron-hit Christmas
RE
01/13J SAINSBURY : Sainsbury's lands first new store of 2022
PU
More news
Analyst Recommendations on J SAINSBURY PLC
More recommendations
Financials
Sales 2022 29 771 M 40 004 M 40 004 M
Net income 2022 526 M 707 M 707 M
Net Debt 2022 6 347 M 8 529 M 8 529 M
P/E ratio 2022 12,0x
Yield 2022 4,15%
Capitalization 6 755 M 9 129 M 9 076 M
EV / Sales 2022 0,44x
EV / Sales 2023 0,42x
Nbr of Employees 117 000
Free-Float 98,7%
Chart J SAINSBURY PLC
Duration : Period :
J Sainsbury plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends J SAINSBURY PLC
Short TermMid-TermLong Term
TrendsBullishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 291,70 GBX
Average target price 282,47 GBX
Spread / Average Target -3,16%
EPS Revisions
Managers and Directors
Simon John Roberts Chief Executive Officer & Director
Kevin O'Byrne Chief Financial Officer & Director
Martin A. Scicluna Chairman
Richard Philip Newsome Chief Technology Officer
Phil Jordan Group Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
J SAINSBURY PLC5.77%9 129
SEVEN & I HOLDINGS CO LTD4.49%40 954
AVENUE SUPERMARTS LIMITED-12.33%35 487
SM INVESTMENTS CORPORATION0.74%22 338
COLES GROUP LIMITED-9.48%15 487
CARREFOUR8.66%15 113