JS Journal Nov 1995
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Half year results • Feeding the man crossing Antarctica alone » Win a feast for your party i ^ • NOVEMBER 19 U SAINSBURY Savacentre IMlMIIEBASIE 5(^'^Sir/4C]/o^ Where aia •WeHin9ton JFRONTLINE Up Kis sleevies• Christmas is coming Yes, we're hurtling towards that time of the year again. When double trolley loads become the norm and gaggles of turkeys trot through checkouts, we know it's time to build up our energy levels. We're going to need it. One of i^y ancestors Re oily' Those determined to play as hard as they work will love fell at Waterlo. Which our perfect competition for the party season. To launch the plat-form? new Occasions From the Sainsbury's party range Monsterously Funny Joke Book. we're offering CONTENTS We look back at ten years of £500 worth of children's books. Pages 14/15. •jIU p.. catering. CHEADLE JS S'l^^^f including £300 of Occasions party food and OPENING 7 £200 of drinks and other nibbles. Just answer WRITELINES 8/9 the simple questions on page 20 and send in your entry form straight away. • GREEN SCENE 10 COMPETITIONS 10 FIRST GENETICALLY MODIFIED PRODUCT 11 Tu Tu much fun OUR MAN IN Children, JS staff and their families in London and ANTARCTICA 12/13 Hampshire are getting first hand experience of ballet TEN YEARS OF CHILDREN'S through the recently launched Passport to Ballet BOOKS 14/15 sponsorship. CHECK THIS OUT 16/17 Over two years the English National Ballet are helping with the National Curriculum dance lessons in STORES AT LARGE - your work In the community 18 two schools in the New Forest. Staff and their families at Hedge End, Christchurch, Nine Elms and Cromwell Road SSA OFFERS 19 are also enthusiastically signing up for family days. NEW LINES 20/21 During these they can join backstage tours, try out a few pirouettes for themselves and watch a performance by the MEET THE MAGIC MAN 22 ENB experts. PEOPLE 23 Children at Nine Elms leap at the chance to try a little ballet at the London launch of the scheme in October. ARCHIVES 24 Photo: Bill Cooper Formidable success on the cards Texas Spend and Save card proved itself a marketing star when the millionth Texas customer registered for membership. Spend and Save manager Cliff to be optimistic about the number ship is currently running at 2.1 Hudson told the Journal, 'The of Texas shoppers who would join million, which means that in four huge popularity of Spend and up, but this has been something months at Texas, we've achieved MANAGING EDITOR Save at Homebase encouraged us else! Homebase's active member- half the number of members BRIDGET WILLIAMS recruited in four years at DEPUTY EDITOR ANDY SZEBENI Homebase. We're particularly pleased with the spectacular EDITORIAL ASSISTANT ABBIE BOULTON recruiting campaigns at Cambridge and Ayr.' Recruiting customers to Spend EDITORIAL SERVICES BY RED EDIT and Save doesn't just involve DESIGN providing rewards for past HELEN JONES purchases - the total database of PRINTING over three million customers gives GREENSHIRES PRINT the company an invaluable means of communicating direct about special offers, promotions and new products. In the near future the JS JOURNAL J SAINSBURY PLC combined database will be used STAMFORD HOUSE for simultaneous mailings to STAMFORD STREET LONDON SEl 9LL Homebase and Texas customers, TEL: 0171-921 7033 although the offer will be different OASIS I.D.: 'JS. JOURNi in each case. JS JOURNAL WTTTIMB Sainsbury's half year results, published on Wednesday, November 1, showed an increase in frofit of '/.5% to £450.9 million. JS's and other food retailers' share prices fell over the next two days as investors recognised that price competition had increased substantially in recent weeks. This feeling was reinforced by Kwik Save's poor results announced on the day after Sainsbury's results. J SAINSBURY SUPERMARKETS The supermarkets' operating profit increased by 3.1% to £417.5 million. Over the first half of the financial year there has been heavy investment in improved service, range and value for money. Sales increased by 6.2% to £5.3 billion, with new space contributing 3.9% of this increase. There were only two new store openings in the period compared to 15 in the first half of the last financial year, but 63 stores were remodelled, compared with 22 in the first half last year. Chairman David Sainsbury with staff at Cromweii Road at a press caii on Haiiowe'en, the day before the haif year resuits announcement. Get ready to FAVOURITE INGREDIENTS SHAW'S pin on your JS's offer to customers was improved through the Shaw's sales increased by 4.3% to $1.16 billion and puddings Everyone's Favourite Ingredient campaign, the extension operating profit increased by 15.4% to $41.9 million. of Savercards to just over 200 stores and the introduction Four stores were opened during the first half of the of over 500 new own brand products, as well as the new financial year. The first two stores in Connecticut opened Sainsbury's Economy range. Chairman David Sainsbury shortly after the end of the first half and they are trading commented: 'These changes are costly in the short term extremely well. but contribute to a sustainable basis for growing trade.' JS's price position continued to be extremely competitive, GIANT FOOD with prices 2.8% below the average for other major supermarkets. Giant Food, the US company in which JS has a minority stake, recently reported an increase in profit before tax of SAVACENTRE 13.6% to $65.7 million on sales up 4.2% for the 24 weeks to August 12. Sainsbury's share of these profits was £8 From December 1, staff Savacentre's sales increased by 4.2% to £375.2 million million. and customers will be and operating profit increased by 0.5% to £18.9 million. able to sport a Christmas The 11th Savacentre, at Sydenham, opened in August and CURRENT TRADING Pudding Pin Badge to is trading very successfully. However, pre-opening costs help raise money for the together with the cost of remodelling existing stores held Since the half year, like-for-like sales growth in Cancer Relief Macmillan back profits. The Stockton store, acquired from the North Sainsbury's stores has been 3%. Sales growth in Fund. Eastern Co-op, will open in late November. Savacentre, Homebase and Shaw's is currently in line with Available from all Sains the first half. bury's stores and petrol filling stations for a HOMEBASE AND TEXAS LOOKING AHEAD suggested donation of £1, the Sainsbury's/Macmillan Homebase's sales increased by 13.2% and operating profit The chairman commented: 'The main task for the Group is Christmas Pudding Pin increased by 23.5% to £18.9 million. This, commented driving the performance of the supermarket business Badge is the first in a the chairman, was an 'excellent performance in a subdued forward. We have a clear strategy to do this based on our series of such badges being DIY market'. When Texas Homecare was acquired at the core principles of providing outstanding value for money, launched throughout 1996 beginning of the financial year, its sales were declining quality and service. It is crucial that the stores are provided by well known companies. significantly. Texas made an operating loss of £7.5 million with the best service possible from all parts of the Delia Smith launched for the half year. However, management action has now organisation over the critical Christmas period. We are the badge on November 13 stabilised sales and performance is steadily improving as rapidly recruiting more staff in the stores to ensure we in Southport, on the first Texas is integrated into Homebase. provide our customers with a service that is truly head and night of the Sainsbury's shoulders above our competitors. Everyone in the Christmas Roadshow in organisation must participate to make sure each customer aid of the Cancer Relief leaves with a smile and is keen to return another day.' Macmillan Fund. NOVEMBER 1995 JS cash machine network expands Locksbottom, Apsley Mills and East Grinstead are the first stores to receive nevy cash machines in a programme to fit automatic Paul has teller machines (ATMs) into another 150 stores by designs on mid-1997. RMIS Currently, 146 stores play Ideas based on Paul host to 464 bank 'holes in Taylor's winning design the wall', which dispensed for the Retail Management £2 billion last year. Information System JS is working with (RMIS) logo will be seen National Westminster across terminals through Bank, Abbey National, existing stores and a new banks enables us to provide which match high street out the company next year. Barclays and the Royal 'Service Level Agreement' these facilities together bank sites.' Bank of Scotland. By has been made. More staff with levels of availability installing one machine for are being trained to deal each of the three main with minor faults in ATM networks, JS will be machines such as able to offer cash removing jammed notes or Introducing the dispensing services 24 captured cards, and hours a day to customers On October 31, director of replacing receipt rolls. retail services Hamish of every UK bank, and Explains Alison magic box many international banks. Elvidge presented the O'Mahony who is project Upton trainee manager The service is operated on managing the Retrofit •SS':j J& If fit with £50. Thanks to behalf of the banks, and Programme, 'Customers >}smunY they pay JS for the service. Paul's success, Upton also clearly want ATM becomes the first JS store New secure ATM machines at our stores and to receive a colour printer.