Tesco Share Discussion Threads

[philanderer] 06/7/2018 17:49

'Tesco targets growing number of Britons who eat or live alone'

UK’s biggest grocery retailer expands its range of single-portion foods

[fangorn2] 06/7/2018 11:30

@Tenapen

Indeedy. At least we don't have the humidity going with it.

Singapore 33-36% 90%+ humidity. Yukky.
Don't miss that at all.

[tenapen] 06/7/2018 09:26

Some like it Hot !



:-)

[fangorn2] 06/7/2018 08:32

@Phil

Let's hope they beat the Swedes...that'll mean a few more such "sessions!"

Helps that Temperatures have been high,and set to remain so.
30 degrees for a week or so...wowsers

[philanderer] 04/7/2018 13:48

Sainsbury’s defends Asda link amid rising threat from Tesco

[loganair] 03/7/2018 22:46

The big suppliers have also been getting together for example Kraft merging with Heinz.

Retailers Vs the Brands is an on going battle of who has the most muscle and over the last few years it has been the Brands who have had the most muscle.

[1carus] 03/7/2018 22:34

I am sure there are economies of scale in the industry, but a company that already supplies all of the supermarkets with say Persil already has economy of scale with the amount they make. Own brand stuff might be different, ie the same stuff packaged for the two different own brands. Smaller suppliers here in the uk are already struggling with financial pressure from work place pensions and minimum wage, never mind brexit. Synergies should be found from within, good practices and efficiency --- these guys often make more margin than the supplier on the products.

[billbailey1] 03/7/2018 11:53

If there is too much downside the deal presumably won't go ahead.

[philanderer] 03/7/2018 09:41

Tesco ‘risks’ price war with Carrefour co-operation, says Hargreaves

The purchasing alliance between Tesco (TSCO) and French supermarket giant Carrefour (CARR.PA) makes sense but risks kick-starting a new supermarket price war which could damage both companies and hurt shareholders, says Hargreaves Lansdown.

Tesco, the UK’s largest supermarket, has agreed with Carrefour to negotiate better terms from major suppliers such as Unilever (ULVR), Nestle (NESN.S), Procter & Gamble (PG.N) and Danone (DANO.PA) for the next three years.

The move is designed to drive down prices and is in response to the growing threat from Amazon, discounters such as Aldi and Lidl and the combined might of Sainsbury’s proposed merger with Asda.

Analyst Laith Khalaf said a ‘price war is great news for consumers, but it’s tinged with risk for shareholders’.

‘In theory, the big supermarkets can use greater firepower in the supply chains to lower prices, drive more sales, and perhaps even keep a bit more margin for themselves,’ he said.

‘However, the risk is that a tit-for-tat price war spirals out of control, and ends up lowering profit margins across the country. Challenging trading conditions have sparked a wave of reinvention in the UK supermarket sector, and this new partnership between Tesco and Carrefour is yet another stage in that process.’

Investors gave the news a lukewarm reception on Monday and Tesco shares softened 0.6p to 256p.

[philanderer] 02/7/2018 14:25

Agree with that.

[loganair] 02/7/2018 14:05

Jonathan Buxton, head of Consumer and Retail at M&A advisory group Cavendish Corporate Finance, said the partnership was designed to contain discounters, defend margins and counter any future move by Amazon.

"While the partnership stands to partially solve the significant strategic and market issues both retailers face, there is clear logic for the deal to become permanent and could result in a formal merger between the two firms."

[loganair] 02/7/2018 14:03

Some analysts speculated that the Carrefour-Tesco alliance could even be the precursor to a merger between the two.

[loganair] 02/7/2018 14:02

European groups Auchan Retail, Casino, Metro and Schiever agreed their own purchasing partnership last week.

[philanderer] 02/7/2018 13:55

Tesco and Carrefour start Wimbledon week with Serena style zinger for the grocery sector

The two plan to combine their already considerable buying power to create a two headed beast that will frighten the life out of their suppliers

[philanderer] 02/7/2018 09:50

Selling across the board this morning ,FTSE100 and FTSE 250 both off for the year. Worse first 6 months for markes since 2010

[billbailey1] 02/7/2018 09:38

You look at today's news and think we should be at 260p but no, instead people are selling. Don't get it.

[loganair] 02/7/2018 09:27

toon - I think this will help get the Sainsbury's/Asda merger through the CMA.

[toon1966] 02/7/2018 08:05

Tesco and Carrefour plan 'strategic alliance' of retail giants -

[xtrmntr] 28/6/2018 20:51

https://www.telegraph.co.uk/technology/2018/06/28/tesco-testing-checkout-free-shopping-technology-similar-amazon/

[philanderer] 28/6/2018 09:42

👍

Tesco News
‏
Verified account

@tesconews 27 minutes ago

We were also the first retailer to offer Free Fruit for Kids in stores across the UK, helping to develop healthier habits that stay with children as they grow up.

[philanderer] 28/6/2018 00:14

Next and Tesco soar despite death of the high street

UK supermarket shares are soaring in 2018, even with a crisis facing the UK high street. Brewin Dolphin’s equity analyst, Nicla Di Palma, explains the retail sector struggles and why supermarkets appear unscathed this

[philanderer] 27/6/2018 20:08

'Tesco to launch 25% off six bottles of wine for limited time only'

The deal launches this week for a short time and includes discounts on rose and white wine

[philanderer] 27/6/2018 13:45

'UK retailers' sales recovery continues as sales surge in June'

...High street sales growth was reported across retail sub-sectors, with the pick-up in June driven particularly by a rise in non-store sales, department stores, durable household goods, with grocers and hardware stores faring well. On the downside, carpet and furniture stores and clothing retailers saw a drop in sales volumes in the year to June.