Teed
Striker
B ,,,, b ,,,,but???most of that is on a property write-down. still, that's one of the biggest declared losses of a UK company. ever.
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B ,,,, b ,,,,but???most of that is on a property write-down. still, that's one of the biggest declared losses of a UK company. ever.
but what? there's a difference between one store and the economy.B ,,,, b ,,,,but???
Property value has fallen. Even with that included £6.3bn is an unbelievable amount to lose likeWhat does it mean exactly? Like what have they fucked up to lose 6.3bn
It isn't, they are an absolute rip-off.The massive Tesco at Dragonville is class
I think one of the worst things Tesco have done is in regards to their massive influence on town planning. For example, in the town of Hucknall, just outside of Nottingham, Tesco have planted a ginormous store some years ag............
Forecasts reckon the convenience, discount and online shopping market segments are expected to grow by 12, 11 and 10% over the next couple of years. Large supermarket segment is expected to fall by 20%. People are doing more, smaller shops. Problem for Tesco and morrissons is that they don't have many convenience stores, they aren't as cheap as aldi/lidl and they don't offer the quality of m&s or waitrose. They don't have anything unique to offer. They can't just plough into convenience as they need to do something to turn around the large stores, convenience won't bridge the gap for them.I'd say that would be in addition to larger stores. There's no way there's been a huge shift to everyone wanting to go back to shopping locally in a 400sq ft store. I think they've realised they've got enough (or nearly enough) superstores so want to expand thus must expand in the smaller metro style stores.
Forecasts reckon the convenience, discount and online shopping market segments are expected to grow by 12, 11 and 10% over the next couple of years. Large supermarket segment is expected to fall by 20%. People are doing more, smaller shops. Problem for Tesco and morrissons is that they don't have many convenience stores, they aren't as cheap as aldi/lidl and they don't offer the quality of m&s or waitrose. They don't have anything unique to offer. They can't just plough into convenience as they need to do something to turn around the large stores, convenience won't bridge the gap for them.
You might think Tesco have a lot of smaller stores because of their high St presence but they're the 7/8 biggest convenience super market, they're miles behind the likes of spar, Co-op, nisa, londis in terms of numbers. I don't even remember seeing asda/netto in the top 10.People may be doing more locally, as a percentage, but in general, we're not going to move back to local , daily shopping frequently like pre fridge/car popularity.
Tesco have quite a few smaller stores, Morrisons sold almost all of theirs after their acquisition of Safeway, I guess that may have been a little short sighted of them. The larger supermarkets still have the lion's share of the market and will continue to, they just don't want to lose the market share they have (or more) so they're looking at competing in smaller stores too.
Asda purchased Netto and turned some of them into smaller Asdas (Ryhope for example). Tesco have Metro/Express stores.
You might think Tesco have a lot of smaller stores because of their high St presence but they're the 7/8 biggest convenience super market, they're miles behind the likes of spar, Co-op, nisa, londis in terms of numbers. I don't even remember seeing asda/netto in the top 10.
Maybe not (I doubt it) but Tesco aren't the cheapest or the best super market. They're a bit screwed at the moment.They must be getting desperate, they're selling £10 vouchers for a fiver now
http://www.mightydeals.co.uk/Produc..._Marketing&utm_campaign=Affiliate_Window_Sale
Aye, they want a larger piece of the convenience pie but it doesn't mean the majority are going to start shopping locally and often.
Maybe not (I doubt it) but Tesco aren't the cheapest or the best super market. They're a bit screwed at the moment.
And many are on forced workfare working for nothing...And many are not... As supermarkets and retail go tesco are generally admired as one of the better employers
They must be getting desperate, they're selling £10 vouchers for a fiver now
http://www.mightydeals.co.uk/Produc..._Marketing&utm_campaign=Affiliate_Window_Sale
Bollocks. The Range is kicking arse and they're nothing but mahoosive versions of Woolworths.
I wadn't.I'd rather pay more in a supermarket than suffer the big queue and one checkout open that you get at Ald.
Aye, they want a larger piece of the convenience pie but it doesn't mean the majority are going to start shopping locally and often.
Flavour of the month.. People love to knock stuff.. I use all supermarkets including aldi and lidl
Shop sensibly then deals to be had at all
My club card points have paid for chunks of holidays and a ps4 in recent times