Tesco Share Discussion Threads

[scotches] 23/9/2018 20:00

Haven't the Germans just bought market share by investing in new stores. We never see like for like figures quoted. Kantar concede they can't do that. "Retailer growth figures reported by Kantar Worldpanel relate to overall take home sales, and so include the impact of store openings or closures. Like-for-like sales change is not measured or reported. Calculating like-for-like sales requires a detailed knowledge of store openings and extensions which is information held accurately only by individual retailers."

We just need to go back a few years to see how the locals had their own period of expansion (Tesco 1988 to 3743 stores between 2007 and 16) - in this case with disastrous consequences that their debt fuelled binge meant they couldn't compete on price and gave the Germans a free pass to expand.

Company 2007 2016
Tesco 1,988 3,743
Sainsbury’s 788 1,374
Morrisons 368 498


Will the Germans also hit an expansion peak?

"UK march of discounters Aldi and Lidl abating, say analysts" FT article in June. "Return on capital at the discounters has declined. Aldi’s published accounts show operating profit in the UK and Ireland falling from £271m in 2013 to £211m in 2016, the last year for which figures are available — despite a two-thirds increase in sales during that time."

[hazl] 23/9/2018 19:16

'Silence, it is said, implies consent. But that’s only half the story. Silence also confirms oppression, because the ability to speak out is too often a luxury of the privileged.

The aggressive populism we see today seems to be a testament to people refusing to be silent — and rightly so. Our societies have largely failed to provide equally for all, and technology now gives us new avenues through which to to be heard, and with which to rebel against repressive ideas and structures. New leaders have latched onto that and now seek to speak for us, even though many of them are rallying us crudely around fear and mistrust.'



Relevant in a way I think.
The Guardian might be right but not to single out perhaps only Jacks ?

[hazl] 23/9/2018 19:12

Great info thanks au24....direct feed-back.

[maxk] 23/9/2018 18:56

The sisters are not happy..

[au24] 23/9/2018 18:11

Went to Jack's today. Really impressed basically. Lots of freeby chocolates given out and a hot Curry and bap outside from a Jack's van.Prices are low and of good quality.

[hazl] 23/9/2018 16:55

Must have been very disappointing for you to see Jacks being introduced,a bit of a set-back on your short no doubt.
It is such a shame the way it's going.
We are all being homogenised and people collude with the whole process to make money.

[loganair] 23/9/2018 16:16

JW - Kantars latest figures show Aldi/Lidl now have 13.1% market share.

Just think it wasn't so long that their combine market share over took Morrisons and at their current rate Aldi/Lidl will over take both Asda and Sainsbury's in less than 2 years.

With Morrison's market share going down I can see with in 3 years Aldi will over take Morrisons to become one of the big 4.

It seems to me that Tesco, Sainsbury's and Morrisons are losing market share at approximately the same rate.

[hazl] 23/9/2018 16:07

I'm with tenapen on some of that, though I think the discount stores are just another ensuing resulting factor of Neo-liberal capital policies,which are passed down to the members of parliament to oversee.

[oiht] 23/9/2018 13:18

Am I understanding you correctly; the working classes have been forced to shop in Lidl and Aldi because the Tories have made them all so poor and it's nothing to do with the other big UK supermarkets being too complacent to compete? Does that also explain the rise in sales of German motor cars?

Many of which you will find parked in Lidl and Aldi car parks I might add :-)

[tenapen] 23/9/2018 12:46

As a direct result of Tory party policies* Aldi and Lidl have grown so big , so fast.

Kind of ironic realy, when the Tory party tells us its the party for Britain and british companies.


*Due to the Tory party and the Bank of England policies, the working classes have not had a rise in living standard for 13 (thirteen) long years. this time scale mirrors the rise of the germans discount stores. While the asset classes have seen their wealth grow exponentially.

[hazl] 23/9/2018 10:07

Amazon good news for consumers?
You must be joking.
Corner the market then put prices up.
Flatten choice and pay your workers peanuts,or go cashier less and people who are also customers have less jobs.

[vaneric1] 23/9/2018 09:50

Good at propaganda the Germans, Dr Goebells' system is alive and well.

[johnwise] 23/9/2018 08:14

Aldi and Lidl on way to eclipse rivals in 3 years: That's the worrying message to Asda, Sainsbury's and Tesco's new discounter Jack's

Aldi and Lidl are preparing to dismantle the dominance of Britain’s biggest supermarkets within three years despite frenzied efforts to stop them.

The German discounters are growing so fast that their combined share of the grocery market could eclipse Asda and Sainsbury’s by 2021.

[buywell3] 22/9/2018 08:24

Jacks is just a publicity stunt

It can't be done in any meaningful scale as it would adversely impact upon the rest of TESCO

2019 will be the year Amazon moves into the UK with the intent on repeating what is has done in the USA ... Good news for consumers for several years.

[mornington crescent] 21/9/2018 22:47

perhaps not

[typo56] 21/9/2018 07:02

How much do Lidl and Aldi source from outside the UK? A lot of the fresh food is from the UK, perhaps a higher proportion than Tescos.

[grahamburn] 20/9/2018 20:46

Just a thought about a potential benefit from Brexit (in any shape or form) for the new Jacks format.....

If - as has been publicised - the majority of its small product range are sourced in the UK, that should give Jacks a price advantage in the likely event that sterling falls further. Lidl and Aldi both source a considerable amount of their stock from outside the UK and will have to cope with increased costs.

[hazl] 20/9/2018 13:13

Am absolutely disgusted with Ocado online which we have tried a couple of times.
I like their products but the service no!

I was upstairs and my partner took the goods in. I wish I had been there!
The driver apologised because there was washing up liquid spilt all over the goods!

I rung them and demanded they took them back.They absolutely refused to be at all apologetic for something,they had done.
They had taken the liquid back.

I honestly feel very unhappy about the goods, the driver had tried to wipe it off but I know I won't feel like using the products or offering the to anybody else.

They conceded at last that some of the products could be refunded but nothing that was chilled because it couldn't have gone on them.
Having handled them I dispute that.

Still very put out.

[loganair] 20/9/2018 12:14

v1 - It is mainly Germany has taken from the Mediterranean countries because they are unable to set their own interest rates and value of their own currencies.

Why do you think there was 160 Spanish Pastas, 220 Portuguese Escudos, 360 Greek Drachma and 3,300 Italian Lira to the pound.

[albert3591] 20/9/2018 12:01

How many uk people would have used aldi or Lydl 70years ago?

[vaneric1] 20/9/2018 12:00

It's what many people like Logan, the Lidl near here is stuffed with customers buying tat and own label food, they do however have the benefit of only having the Co-op for competition.

The Co-op defeated all attempts by Tesco and others to come into the town even though planning permission was granted by the local council, they kept going to the high court and getting it blocked on 'points of law'

There is a site available now as the site owners persevered and now have full planning permission...………... but no takers.

[oiht] 20/9/2018 11:56

I'm changing tack on this subject; As a shareholder(via iShares FTSE100 etf) of Morrison, M&S, Sainsbury and indeed Tesco, I recommend everyone continues shopping in the aforementioned stores. Please keep away from Lidl especially, it'll be nice and quiet for me then :-)