Tesco Share Discussion Threads

[donald t] 19/11/2022 22:41

My friend is an egg producer. He has a shed full of eggs, if he sells them to the supermarkets, he will make a loss. The cost of feed and heating has gone up.The supermarkets have raised the prices of eggs but are paying the producers the same, blaming avian flu for supply issues.

[konradpuss] 19/11/2022 14:24

Logan, as I have said before, there is a ceiling for the Aldi/Lidl market share. In some countries they are closing stores where the ceiling has been reached.

In this new world perhaps we are far off from the ceiling in the U.K.

[loganair] 19/11/2022 14:17

I would not be surprised by 2025 Aldi/Lidl combined having between 20% and 22% market share in the UK.

[konradpuss] 19/11/2022 14:03

Trev, I am absolutely not confident.

I can see that Aldi and Lidl are taking bites out of the 'not so big four' as we speak.

[123trev] 19/11/2022 13:33

Well,Konradpuss confidence is everything so I salute you for that I’m a little worried about the competition though.

[konradpuss] 19/11/2022 13:27

Trev they are working on reducing costs.

I do think their absolute buying power will help.

It's tough out their mind.

[123trev] 19/11/2022 12:56

The margin here is so low that next year it’s going to bite hard a cunning plan is needed and quick they have always managed to do it in the past so let’s hope!

[konradpuss] 19/11/2022 12:23

Shortage of my favourite white wine - Cote de Gascoigne as well.

When it is in and on Clubcard Prices it is a great bargain.

[loganair] 19/11/2022 11:48

When it comes to 'real money,' there is no inflation...

In 1964 a gallon of gas in the U.S. cost a 1/4 or 25cents and U.S. coins in those days were 90% silver. Today in 2022 a 1964 1/4 will still buy a gallon of gas.....therefore in real money a gallon of gas in the U.S. cost the same today as it did in 1964.

[loganair] 19/11/2022 10:14

In my local Tesco, if one goes in after midday often as much as 2/3rds of the fruit and veg have gone as not getting enough in.

Like what v1 posted - any spare space is full of chocolate and on offer booze.

[vaneric1] 19/11/2022 09:26

There was in my Teco yesterday, Donald only a few organic eggs there.
No bananas either.
But there's enough chocolate and booze to keep the country content for months.

[donald t] 18/11/2022 22:52

Newsflash, there is no shortage of eggs.

[swallowsflysouth] 18/11/2022 12:17

Number of stores and % market share is a variable depending on who you listen to, in addition stores open and shut according to market forces. Just good to know Tesco's is way ahead as market leader.
We are in the early days of very difficult times financially, Tesco's caters for most people in their basic range, ordinary range and deluxe range making it easy for shoppers to cut costs by stepping to a cheaper version of their usual shop.
I rather expect alcohol sales to grow as folk cut down on eating and drinking outside of the home,to home entertainment. ie a Tesco curry + a few bevvies at home with a couple of friends.

[svend] 18/11/2022 10:59

Tesco's UK supermarket 2022 share was recorded at 27.3% in the last month. (Google)

[unastubbs] 18/11/2022 10:34

Presumably kantar refer to sales while sfs' post refers to number of outlets?

[loganair] 18/11/2022 09:14

swallow - According to Kantar Tesco has 27.0% market share, however Kantar never includes M&S which currently has 3.6% market share which Nielsen does. Therefore in reality Tesco market share is more like 26%, I've seen it reported as low as 25.6% market share.

[swallowsflysouth] 18/11/2022 00:47

According to some sources -

880 Lidi stores, 7.1% of market
967 Aldi stores, 9.3% of market
Tesco 1966 convenience/small stores, 798 large stores, 28.4% of market
1405 Sainsburys stores, 14.9% of market
332 Waitrose stores, 5.1% market
Marks and Spencers has 1059 stores across the UK, including 615 that only sell food 3.2% of market.
Co-op/Somerfield have 3000 stores, 8% of market

Given the price of petrol that could also affect how far shoppers want to travel for shopping.
Marks and Spencers and Co-op are potentially the most vulnerable of these shops on price.
My local Lidi (approximately 6 miles away) has a limited variety of goods, my main local Tesco's (approximately 1 mile away) is now a superstore and has a massive selection of goods. Local Tesco convenience store 1/4 mile away is almost as big as the local co-op store. If i happen to be in the Lidi area might pop in to see what prices are like and if there is anything i want to buy, Tesco's is my preferred shop.

[clive7878] 17/11/2022 23:05

Thought Lidi and Aldi weren't into home delivery as Tesco and Sainsburys were losing money on them.
Could see a bit of a market slide as inflation was expected to be 10.7 and it was 11.1
Although Jeremy Hunt mini budget was encouraging.

[yump] 17/11/2022 22:26

Those don’t count as they don’t support the anti-tesco case ;-)

[konradpuss] 17/11/2022 20:37

Logan, how about the Waitrose/Ocado folk who are moving over to Tesco?

Sometime as one door closes another opens.

[loganair] 17/11/2022 17:06

Now a YouGov poll has shown that one in six shoppers have switched their main supermarket because of the ongoing cost of living crisis – with switchers most likely to have abandoned Tesco while 41% switching to Aldi and 24% to Lidl.

Aldi boss Giles Hurley said "Customers are prioritising value like never before and switching their shopping to Aldi."

[vaneric1] 17/11/2022 12:56

Currys must be desperate to shift some dead stock.

[blackhorse23] 17/11/2022 11:01

Another retail success story CURY (LSE) records 56 online purchase per minute at last black Friday. https://www.retailtimes.co.uk/barclaycard-continues-to-see-increase-in-black-friday-transactions-as-currys-records-56-online-purchases-per-minute/

[vaneric1] 17/11/2022 09:58

Looks like a nice earner for the promoters and a cheap waste disposal app for the supermarkets ianguerin all dependent on volunteers doing the work for nowt.

[ianguerin] 17/11/2022 09:21

At the risk of boring you with what I said in post 27357:-

No reduction in the number of Tesco items available free locally on Olio

hxxps://olioex.com/