Tesco Share Discussion Threads

[richie1218] 14/10/2022 07:39

yump - so what you are saying is that out of the basket of 48 items there is less choice regarding those items at Aldi so they are cheaper ok I kind of get that,
but what about the other 101 items that you may require one day when your out shopping, where do you get those from? you certainly will not get them at Aldi will you....

[maxk] 13/10/2022 23:52

Building customer loyalty ... tosco style.




Tesco bars shopper from buying sandwich because he doesn't have app

Customer could only use the checkout-free store by downloading the app and registering for a loyalty card

By
Tom Haynes
13 October 2022 • 5:02pm




Tesco would not sell a sandwich to a shopper because he did not have the supermarket's mobile app and was not signed up to its Clubcard scheme.

The grocery giant has come under fire after the customer complained he was only allowed to enter the new checkout-free store in central London if he downloaded the firm's smartphone app and registered for its loyalty card.

The shop is part of a new trial of checkout free stores that use cameras and weight sensors to calculate which products customers have picked up and charge for them when they leave.

However, campaigners fear it is another example of businesses increasingly shutting out those who want spend with cash and do not have mobile phones.

Jonathan Rowson, an author, claimed he had tried to gain access to a store by Chancery Lane on Tuesday night to buy his son a sandwich for his packed lunch.

Writing on Twitter, Mr Rowson said he was shocked by the requirement to hand over personal data to enter the store. He said: “Never have I felt the pinch of surveillance society more acutely. My shock at the compulsory data cost for entry to a supermarket to buy a sandwich.

"What I felt at that store tonight was thoroughly dystopian. It was a taste of the future in the present, and I didn’t like it at all.”

Mr Rowson also claimed that a Tesco worker at the store told him: “This is store policy now and it’s what customers want. Soon all stores will be like this."

Tesco said the shop in question was one of the supermarket giant’s “GetGo” stores that was opened in 2021. The last five years have seen numerous retailers across the UK trial so-called “no checkout” stores. In 2021, the first Amazon Fresh was opened in London after a successful trial in the US. A till-free Aldi was opened in Greenwich, south London, earlier this year.

But Dennis Reed, of campaign group Silver Voices, said Tesco's trialling of checkout-free stores was a form of "digital discrimination".

He said: "It might be fine for younger people who have the eyesight and the dexterity to manipulate small screens, but in our view that is discrimination.

"It was bad enough with self-service checkouts. It's changing the way in which society operates and not in a good way. We seem to be dispensing with the human touch. For older people that's important – it's good to chat to a cashier as your shopping goes through."

A Tesco spokesman said: “We want everyone to feel welcome in our stores and we’re really sorry to hear that Mr Rowson was not happy with his experience at our GetGo store in Holborn, central London. This store trial uses technology to offer a checkout-free experience, giving customers the opportunity to shop and pay without scanning a product or using a physical checkout. This saves time for those who want to pop in to pick up something for lunch or grab dinner on their way home."

Tesco has also faced criticism for raising prices for customers who do not have a Clubcard. A meal deal for instance now costs Clubcard holders £3, but those without £3.50.

[mercedes] 13/10/2022 19:46

Yump
You've forgotten to mention "Deinhard Green label" now that was a classic!

[yump] 13/10/2022 19:27

Sorry I shouldn’t have mentioned the 70’s - I’ve remembered Mateus Rose as well now, Watneys Red Barrel and Party Seven. Yuk !

[ladeside] 13/10/2022 16:37

SAYE strike price tomorrow, will it be the usual horrendous 10% discount or will the 20% discount be applied as has been rumoured......

[rovi70] 13/10/2022 13:47

What yump!!!

[yump] 13/10/2022 13:44

There’s not supposed to be a choice at Aldi. Blind tastings have come out very well for them on the single line products. Less cost all round allows the cheaper prices for goods that are not any different to those in the big supermarkets.

Its time we got rid of this daft, wasteful and selfish obsession with choice. 20 types of cheddar doesn’t make anyone happier and however “special”; the labels look, neither does 3 types of green pesto, etc etc.

All that shipping, diesel fumes, traffic…

Although I would draw the line at only 5 wine types. We had that in the 70’s - the horror of Blue Nun…

[cocker] 13/10/2022 13:22

Just picked up another 5k at 13.18 whats not to like about tgis mega defensive stock

[richie1218] 13/10/2022 11:53

I've tried shopping at Aldi and Lidl only once each - I only bought a few items, I was not impressed by the choice to be fair,
I'd rather spend a bit more and get everything I'm after in one go ....

[vaneric1] 13/10/2022 11:23

I wonder about 'Which' it used to be a charitable consumer paper but it's now just a commercial enterprise reliant on advertising for its existence.

[yump] 13/10/2022 10:41

Re the basket costs - not sure people will switch supermarkets for £1, but might for £10.

[vaneric1] 13/10/2022 09:11

But factual ianguerin.

[ianguerin] 13/10/2022 08:26

Nice humour, Donald

[donald t] 12/10/2022 23:51

As someone who has been investing since 2021, I can tell you that no bear market lasts forever so stay strong and we will get through this.

[donald t] 12/10/2022 23:49

After today, I have decided during the next bull market, I will sell at the top.

[richie1218] 12/10/2022 18:45

From the Which web site 12/10/22
A basket of 48 popular groceries
September 2022
Aldi
£75.61
Lidl
£77.45
Asda
£84.87
Sainsbury's
£86.34
Tesco
£87.37
Morrisons
£94.38
Ocado
£95.51
Waitrose
£99.40

They also compare a larger basket which is the original 48 items with an extra 101 items - Lidl and Aldi are not featured on that list at all I guess because they do not stock all the other items ....
Asda
£343.38
Sainsbury's
£353.15
Tesco
£368.26
Morrisons
£370.77
Ocado
£383.77
Waitrose
£384.51

[loganair] 12/10/2022 16:52

The latest Which? survey gave Tesco the most expensive out of the 6 biggest supermarkets in the UK.

[albert3591] 12/10/2022 16:35

Just been into Tesco,nonstick baco foil£5.25,Morrisons £3.25.get your act together tesco.

[helen troy] 11/10/2022 17:00

I'm happy with my ISA income. But I'd take £3 ? capital gains tax free. ?

[unastubbs] 11/10/2022 13:10

atm i'd take 2.50 ;)

[philanderer] 11/10/2022 10:18

Bernstein cuts Tesco price target to 250 (330) pence - 'outperform'

[helen troy] 11/10/2022 08:11

Share buyback program reconfirmed this morning

[yump] 10/10/2022 14:35

Typical if it turns out that the media sounded alarm bells at the bottom.

[richie1218] 10/10/2022 11:33

Tesco shares higher after leading investment bank lends its support to the investment thesis
Barclays Capital repeated its 'overweight' recommendation on the stock

Shares in the supermarket chain Tesco PLC (LSE:TSCO) were 1.5% higher after an upbeat note from Barclays Capital that provided some support for the stock in the wake of last week’s interims.

The first-half figures were accompanied by a warning that its operating profit would be towards the lower end of guidance for 2022.

This was counterbalanced (to an extent) by an upgrade to its forecast for free cash flow.

Against a backdrop of rocketing inflation and the cost-of-living squeeze, Barclays reckoned the food retailer’s performance had been resilient.

“Tesco's 1H [first half] results were not rewarded in terms of the short-term share price reaction, but we think that if the company can continue to broadly hold its market share steady and generate cash within its target range then the shares will be re-rated over time,” the investment banking arm of the high street lender said.

It repeated its ‘overweight217; recommendation and 325p a share price target.

Mid-morning the shares were up 3p at 203.7p.