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Tesco loses £4bn of its value
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Author:  pcernie [ Thu Jan 12, 2012 12:00 pm ]
Post subject:  Tesco loses £4bn of its value

http://www.telegraph.co.uk/finance/news ... ofits.html

BS, Asda were at least a few pence cheaper on nearly everything I checked in the last few months, from bread to biscuits!

Author:  JJW009 [ Thu Jan 12, 2012 1:17 pm ]
Post subject:  Re: Tesco loses £4bn of its value

All of my Asda shops in the last 6 months have been more expensive than they would have been in Tesco, according to the Asda price promise. I know for a fact because they give me double the difference back :D

Author:  pcernie [ Thu Jan 12, 2012 1:29 pm ]
Post subject:  Re: Tesco loses £4bn of its value

JJW009 wrote:
All of my Asda shops in the last 6 months have been more expensive than they would have been in Tesco, according to the Asda price promise. I know for a fact because they give me double the difference back :D


Are you comparing like for like, I mean does that apply to their respective own brand stuff? I only ask cos as a general rule it's brands in this house, even when that doesn't make sense...

Author:  JJW009 [ Thu Jan 12, 2012 1:35 pm ]
Post subject:  Re: Tesco loses £4bn of its value

Mixture of both. Often it's stuff like meat and veg which aren't really branded, but with the booze it's often branded.

Author:  pcernie [ Thu Jan 12, 2012 1:41 pm ]
Post subject:  Re: Tesco loses £4bn of its value

JJW009 wrote:
Mixture of both. Often it's stuff like meat and veg which aren't really branded, but with the booze it's often branded.


I have to say the vodka was definitely cheaper at Tesco lol.

Author:  jonbwfc [ Thu Jan 12, 2012 2:07 pm ]
Post subject:  Re: Tesco loses £4bn of its value

I have to say I'm not surprised. Tesco seem to have gone into an absolute frenzy of expansion recently - seriously, in the last year they've built a brand new supermarket at each end of a mile long road near me - and their stock management and quality control seem to have taken a bit of a plunge as a result. I actually tend to shop at whichever superstore is convenient at the time, and experience has been whichever Tesco I go in they a) rarely seem to have all the things I need in stock and b) their fresh goods simply aren't as good as the competition. So they've dropped down my preference list as a result.

Jon

Author:  pcernie [ Thu Jan 12, 2012 2:13 pm ]
Post subject:  Re: Tesco loses £4bn of its value

jonbwfc wrote:
I have to say I'm not surprised. Tesco seem to have gone into an absolute frenzy of expansion recently - seriously, in the last year they've built a brand new supermarket at each end of a mile long road near me - and their stock management and quality control seem to have taken a bit of a plunge as a result. I actually tend to shop at whichever superstore is convenient at the time, and experience has been whichever Tesco I go in they a) rarely seem to have all the things I need in stock and b) their fresh goods simply aren't as good as the competition. So they've dropped down my preference list as a result.

Jon


+1, and the amount of times my mum's said they didn't have bread or it had a rubbish date on it...

Author:  saspro [ Thu Jan 12, 2012 3:18 pm ]
Post subject:  Re: Tesco loses £4bn of its value

JJW009 wrote:
All of my Asda shops in the last 6 months have been more expensive than they would have been in Tesco, according to the Asda price promise. I know for a fact because they give me double the difference back :D


Asda give you money back if they're not 10% cheaper than the nearest competitor. They're usually the cheapest anyway but will pay you the extra to make themselves 10% cheaper.

Author:  pcernie [ Fri Jan 13, 2012 4:45 pm ]
Post subject:  Re: Tesco loses £4bn of its value

Tesco slump due to divine intervention, says Christian pressure group

http://www.guardian.co.uk/business/2012 ... sfeed=true

Outside space and time, bitches!

Author:  adidan [ Fri Jan 13, 2012 5:37 pm ]
Post subject:  Re: Tesco loses £4bn of its value

They slumped because at Christmas they stopped taking competitors vouchers.

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