Tesco Share Discussion Threads

[hazl] 16/1/2023 22:01

Typical yump thinking he 's the only one that knows stuff.
I don't fall for anything, we all have our likes and dislikes.
If Tesco is going to rise or fall, it will do it doesn't need help from you or
me for that matter.

[yump] 16/1/2023 13:01

hazl

I have no idea what you're on about - "keep trying" what ? - I'm not trying to do anything - and who goes around saying they are strong-minded and what has that got to do with the price of butter ?

Rather ironic really - you'd be more strong-minded if you didn't fall for the branding cons.

I'm just adding a bit of information which is actual fact. Perhaps if you'd worked where I have, you might have some appreciation of what goes on.

[geckotheglorious] 16/1/2023 12:05

Johnwise,
Majority of Vegetarians and Vegans also don't get enough "iron" in their diet. #Anaemia

[hazl] 16/1/2023 10:10

I do hope John Lewis and Waitrose survive though talking of good ethos.
They care about their people and are rather different to the coldness of a lot of corporates.

[hazl] 16/1/2023 10:08

Yump keep trying.


I think we are aware of the brands and the power of advertising.
I am strong minded and pick things if I like the taste and the ethos behind the product.

[johnwise] 16/1/2023 07:43

Iceland extends £1 price freeze as the cost of living crisis continues to bite

Iceland Foods has extended a price freeze on its value frozen food range for another year, the retailer announced on Thursday, alongside a wider set of price initiatives aimed at helping customers cope with rising living costs.

The supermarket will work to keep the price of more than 600 items from its £1 or less range as close to or under £1 as possible throughout 2023 it said, an extension to a freeze first announced in 2022.

[yump] 15/1/2023 00:43

Plus their marketing costs to maintain the brand illusion.

[johnwise] 14/1/2023 20:37

Tinned food giant Heinz faces backlash after hiking baked beans price by 21p

Retail experts warn the food giant could lose out as shoppers go for cheaper supermarket beans. Heinz blamed the rising price of ingredients, energy and packaging

[yf23_1] 14/1/2023 18:37

Getting rid of the value proposition products is a deliberate choice by Tesco. They seem to think that people will just buy the next price up product or don't care if they lose the customers who only buy value stuff.
They are relying on people having no time, transport or inclination to shop elsewhere.
I think they're wrong as the availability of competitors is now much more than it was.

[konradpuss] 14/1/2023 17:22

viscount, I wonder how much fat is left to cut with Tesco?

They are still spending circa their depreciation to keep the stores up to scratch.

I have noticed in my local Express that there is only one till and the remainder self-service (previously three tills) along with one security guard to stop folk 'doing a runner' with a pack of sausages.

In the big box Tesco I go to, the first floor has just been let to Decathlon. I never saw many people ever go up to the first floor - not much loss and rent from a third party to be gained.

They are gradually unwinding their sale and lease backs so this will gradually reduce their RPI rent payments. They do not appear to be doing this for their Express stores however they never owned them as they did with the big boxes.

As you say with that margin there aint much 'meat on the bone'.

[viscount1] 14/1/2023 17:00

"Big Supermarket profiteering"

I wish. Tesco's *gross* margin is about 5-7%. And that's for a quality retailer.

[hazl] 14/1/2023 13:49

Sure.
The bottom rung...producer... is always treated badly yet they're the most important.

[saint or sinner?] 14/1/2023 12:41

hazi - unless you think food price inflation isn't helped by Big Supermarket profiteering. The higher prices they charge consumers invariably does not find its way back to producers. You just have to speak to dairy farmers, egg producers, etc to find the truth there.

I do concede that individuals have a responsibility to vote with their feet though ... likewise with the online non tax paying retail giants ... and don't get me started on folk spending £3+ on a cup of coffee whilst out - at least buy it from an outlet that pays tax!

0 :-D

[hazl] 13/1/2023 19:04

People have a choice about where they go though,saint.
If they want cheaper they can go to Aldi or Lidl.
It's hardly Tesco's fault that inflation has hurt food prices so much is it?

[saint or sinner?] 13/1/2023 17:11

I think a key point being missed isn't just that branded goods like the Heinz beans mentioned are having their prices ratcheted up by ridiculous amounts, sometimes in one go but more often than not sneakily by 5-10% per month, but that the consumers are being further ripped off by having the discounted brands unavailable.

As an example my local Tesco used to offer a value lemonade called Stockwell I think (in simple terms a fizzy soda water product with a slight taste of lemon) at 19p a bottle. Then all of a sudden the value brand disappears from the shelves completely, so you were then left with Tesco own brand at 55p (a month later 60p) ... but today you are left with Schweppes only at £1.55.

If that isn't ripping off consumers then I'd like to know what is.

[hazl] 13/1/2023 17:02

I have always preferred Heinz beans and various.... salad cream soup and so on not the same if it's not the brand I'm used to Yump....each to their own.

[yf23_1] 13/1/2023 16:00

Another price rise, ciders 3 for 5.50 on clubcard, was 3 for £5.00.
Sneaky.

[geckotheglorious] 13/1/2023 12:32

Food shortages are coming fast.
So many are oblivious to such.

You seem one of them Johnwise.

The time to stock up was early last year. Or 2021.

Price rises get worse - because we are running down stocks. Harvests have, and will continue to disappoint in many products(but not all)

Add in fertiliser shortages, or less used due to soaring expense and lower yields result. All mean the food crisis will get worse..

This year will be worse than last for food inflation.

[johnwise] 13/1/2023 11:54

Tesco hikes price of a tin of Heinz tomato soup by 79% - up from 95p to £1.70 -

within space of six months, despite supermarket's pledge not to pass on 'unjustifiable' cost increases



Now Tesco locks up bacon and sausages: Meat is padlocked in fridges 'to protect stock' as hard-up Brits struggle through cost of living crisis

[scammingscams] 13/1/2023 10:23

Lmao I like it I bet Victoria will be busy before it goes bust though I want a new bath lmao but I suppose there is lots of places cheaper than Victoria plumbing but I thought the chart looked good up over 100% on the last two months worth a little look surley

[geckotheglorious] 13/1/2023 09:45

Scamming
Have you seen Nigerian Oil companies!!!

Afren
LekOil

They went bust fast. Makes Victoria Plumbing look positively pedestrian

[scammingscams] 13/1/2023 09:41

HAVE YOU SEEN VIC SHARES VICTORIA PLUMBINGEVEN THEY WENT FROM 33p - 113p in 2 months Check them out could easy hit 200p soon Well worth a look Who don't like a expensive classy bathroom for £5000 that's not bad is it

[yump] 12/1/2023 23:21

Hazl

The brands have got to you over the years then through the power of advertising !

I suppose someone has to keep their employees in a job, by contributing to the higher margin for much the same stuff.

It all gets “value engineered” you know.