Tesco...

pinno

Is deep in sh1t. Do we care? Thank f*ck we have Lidl and Aldi, I mean where would we get cheap bike stands and gaffer tape, floor paint, mouse sanders, cat litter...?

pblakeney

It is an indicator to a broken economy so we should be worried.

Anyway, about these mouse sanders. Do you get them at Aldis?

I could do with an army of mice to sand my floors.

t4tomo

Why sand mice?

Wouldn't shaving them be kinder and quicker?

byke68

The mrs and daughter want a HUDL soon and we're on their mobile phone network so I hope they don't go under. Apart from that, couldn't care less.

mr_goo

byke68 wrote:

The mrs and daughter want a HUDL soon and we're on their mobile phone network so I hope they don't go under. Apart from that, couldn't care less.

Don't get one. Mrs Goo got one this time last year. Within a few months it was playing up ie; screen locking , apps crashing. Plus battery runs down really quick. If you can get iPad mini. More money but far, far better kit.

capt_slog

I too hope they don't go under. I like Tesco.

I also like their points scheme, I've had some great weekends away using those.

Anonymous

Don't like it.

Tasteless food, fake 'offers', poor store layout, buying up land and holding villages to ransom.

Won't miss them for a second, but feel for any workers who lose their jobs.

socrates

Don't like them but sometimes no choice. Did not like it when they introduced the price drop a nod then found out that just before it started they increased the prices.

markhewitt1978

They are still the biggest retailer in the UK, aren't they?

We used to go to Tesco quite a lot but too many trips where you go "How much?! That's double the price is was just a few months ago", it gets too much and you don't go back. I suspect many others think the same.

Pituophis

I love Tesco, it's the nearest shop to my house.
Please don't go, oh god of superstore convenience shopping!

Anonymous

Even when it was nearest, it certainly didn't make me love it. I wouldn't go so far as to say I hate it, but I am no fan of their products, stores, morals or much else. Staff are pleasant though.

MountainMonster

Tascos has now started carrying more American food, and in particular pulled pork, which is my home states specialty (Allen and Sons was 3 doors down from our house) which is where pulled pork got its big break, as they claim. There are lots of good things about Tesco, and I haven't noticed any price increases recently. Morissons is coming up the chain, and they get used quite a bit. Half of the food in Aldi and Lidl is good, half is horrible. I tend to only shop there for very basic items.

Personally, I don't care that Tesco is issuing profit warnings. At the end of the day they are still turning over huge amounts of money, making a very nice profit (£200m if I remember correctly). This is just investors panicking because they are not going to get huge dividends this year.

markhewitt1978

I care what's on the shelves and how much it is. The fact they've made a mistake with their accounts doesn't interest me one bit. Why would it interest anyone unless you have shares?

MountainMonster

It's all part of the elaborate money system, make financial people panic.

pblakeney

markhewitt1978 wrote:

I care what's on the shelves and how much it is. The fact they've made a mistake with their accounts doesn't interest me one bit. Why would it interest anyone unless you have shares?

You may be surprised where your pension is invested, assuming you have one.

Stevo_666

They are in a mess but this won't take them down on its own, the financial impact is not big enough. Recent quote in the news to put it into perspective:
"Tesco said on Thursday of the 263 million pounds, around 145 million pounds came from prior years. A spokesman for the firm said that figure was not sufficiently large enough for the group to have to restate those previous results."

They have got a lot of work to do to sort it out though and the reputational damage will be around for a long time.

That said, even if they did go to the wall you would have the other big operators buy up many of the Tesco stores and rebrand them, so no big shakes for people who need to go shopping in the middle of the night.

crispybug2

I'm sure it's nowhere near this situation but considering what a behemoth they are would the government step in and help as they would be thought to be "too big to fail" !!

mr_goo

The trouble with Fresco and their rival Fainsbury is that they are neither 'high end supermarket' (Waitrose/M&S) or 'lower end' (Asda/Lidl/Aldi). Both have very dodgy special offers and their unfounded claims of cheaper weekly food shops normally comprise of sacks of crisps, sweets and crates of cheap lager. Tesco needs to re-position itself if it wishes to stabilise and grow.

pesky_jones

Hm I'm not clever enough to know the financial implications of it, or what I'm about to say but hey ho. I think its a bit of karma. They got rid of all the high street bakers and grocery shops etc. There's three tescos in my town. Each one has shut down a smaller shop when it got built. When you go to france, their supermarkets arent as giant as ours, and you still get all the smaller shops. I like that.

byke68

Mr Goo wrote:

byke68 wrote:

The mrs and daughter want a HUDL soon and we're on their mobile phone network so I hope they don't go under. Apart from that, couldn't care less.

Don't get one. Mrs Goo got one this time last year. Within a few months it was playing up ie; screen locking , apps crashing. Plus battery runs down really quick. If you can get iPad mini. More money but far, far better kit.

Hmm,I'll bear that in mind

kajjal

Mr Goo wrote:

The trouble with Fresco and their rival Fainsbury is that they are neither 'high end supermarket' (Waitrose/M&S) or 'lower end' (Asda/Lidl/Aldi). Both have very dodgy special offers and their unfounded claims of cheaper weekly food shops normally comprise of sacks of crisps, sweets and crates of cheap lager. Tesco needs to re-position itself if it wishes to stabilise and grow.

That is exactly the problem.

arran77

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Stevo_666

arran77 wrote:

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Ever been in Aldi or Lidl?

city_boy

Stevo 666 wrote:

arran77 wrote:

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Ever been in Aldi or Lidl?

We've got a Morrisons a couple of miles from us that seems to be permanently filled with the entire cast of Royston Vasey wandering round stocking up on cider, fags and Turkey twizlers. My mrs refuses to go in on her own

arran77

Stevo 666 wrote:

arran77 wrote:

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Ever been in Aldi or Lidl?

Going into Lidl reminds me of being in a French hypermarket for some reason, I think its because the place is full of people speaking a foreign language buying shite you never find anywhere else

Stevo_666

City Boy wrote:

Stevo 666 wrote:

arran77 wrote:

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Ever been in Aldi or Lidl?

We've got a Morrisons a couple of miles from us that seems to be permanently filled with the entire cast of Royston Vasey wandering round stocking up on cider, fags and Turkey twizlers. My mrs refuses to go in on her own

If you lived down South you'd have Waitrose instead of Morrisons

When I was up seeing my folks in Redcar last weekend I went out to get them some shopping. The choice of supermarkets in town was between Tesco, Morrisons or Aldi. I went for Tesco as I figured I'd be safer without wearing a track suit, though it did take while to find the Spam

jordan_217

Stevo 666 wrote:

City Boy wrote:

Stevo 666 wrote:

arran77 wrote:

Tesco's is only one step up from the social experiment that is Asda so good riddance I say

Ever been in Aldi or Lidl?

We've got a Morrisons a couple of miles from us that seems to be permanently filled with the entire cast of Royston Vasey wandering round stocking up on cider, fags and Turkey twizlers. My mrs refuses to go in on her own

If you lived down South you'd have Waitrose instead of Morrisons

When I was up seeing my folks in Redcar last weekend I went out to get them some shopping. The choice of supermarkets in town was between Tesco, Morrisons or Aldi. I went for Tesco as I figured I'd be safer without wearing a track suit, though it did take while to find the Spam

Were you not overdressed? I was visiting my folks in Ormesby a few weeks back, went in to Tesco on Skippers Lane, Eston and half the people in there were wearing some lovely pyjama and Ugg boot ensembles. Nice.

Stevo_666

I think the wind that blows in off the North sea forces some of them to get changed out of their pyjamas in Redcar. Either that or Tesco is the posh gits supermarket in Redcar.

That said, when I asked where the milk was, the helpful store bod points me in the right direction then asked if I wanted him to walk me down there. I'm pretty sure I didn't look that incapable

seanoconn

Stevo 666 wrote:

I think the wind that blows in off the North sea forces some of them to get changed out of their pyjamas in Redcar. Either that or Tesco is the posh gits supermarket in Redcar.

That said, when I asked where the milk was, the helpful store bod points me in the right direction then asked if I wanted him to walk me down there. I'm pretty sure I didn't look that incapable

That's the second time I've heard that story. Bit of senility creeping in mate, good job the store bod was there to help.

jordan_217

seanoconn wrote:

Stevo 666 wrote:

I think the wind that blows in off the North sea forces some of them to get changed out of their pyjamas in Redcar. Either that or Tesco is the posh gits supermarket in Redcar.

That said, when I asked where the milk was, the helpful store bod points me in the right direction then asked if I wanted him to walk me down there. I'm pretty sure I didn't look that incapable

That's the second time I've heard that story. Bit of senility creeping in mate, good job the store bod was there to help.

What's the bet he asked where the milk was twice as well, hence the offer of help

mr_goo

Real nice the way some of you have grouped those who have no choice but to shop at the lower end shops, with the 'underclass'. Many of the Lidl, Aldi, Tesco and Asda are not knuckle dragging, monosyllabic neanderthals. Many are just honest hard working people who need to make their low pay go further.