Tesco Share Discussion Threads

[salisbury3] 27/2/2023 10:29

German shoppers are increasingly finding empty shelves where their favourite Kellogg's cereal, Mars chocolate bar or the rice brand used to be, as supermarkets square off against major food companies over price hikes.

[owenski] 27/2/2023 09:57

All these climate related harvest problems affecting the UK's food supply, strange that the shelves in France and Germany are well stocked. Mustn't mention Brexit though, can't possibly be anything to do with that.

[momentos] 27/2/2023 09:45

Looks like it wants to test 251.6 resistance again.... Maybe this time, eh - we need the price to Lurpak (£2.70 for 250g block)

[johnwise] 24/2/2023 15:38

Now Bisto is £5.50! Stunned shoppers say gravy is the 'new Lurpak' after price hikes by 50.9% - as average basket of everyday items rises by £21

The price of 15 essential items has risen by more than a third in two years

[helen troy] 24/2/2023 09:24

Looks like the huge volume of shares yesterday was something to do with the final terms of notes rns today. I take it these notes are like gilts only not gold plated.My trade was executed today.

[momentos] 23/2/2023 19:44

A 19m and 2 X 13m trades @ 248.6. 45m shares / £112m / 0.6%.

[hazl] 23/2/2023 19:31

Back up ...to what
last August's price?



Not bad.

[konradpuss] 23/2/2023 18:56

Very large volume today - not all Citi me thinks.

[geckotheglorious] 23/2/2023 17:10

Yump

Even simpler solution actually.

Vote for an Independent.

Avoid LibLabCon, or those crackpots in Greens/SNP an d vote in an independent vote who lives in the constituency they are standing for.

[yump] 23/2/2023 16:41

Yes, it is about time we swapped one group of incompetents for the other one.

Unless all the people complaining about MP's, have a go themselves and that seems unlikely, seeing as complaining and doing something constructive, don't usually exist in the same person.

[geckotheglorious] 23/2/2023 15:52

Well the Minister for Food is a useless beached whale...
so dont expect any sense from t'govt.

Check out her latest offering.




She is the water chief that is overseeing sewage being dumped in our rivers, she is the food chief that is overseeing a food shortage and she is responsible for our fish and has overseen a mass die-off of sea life in the North East.”

Ms Coffey also told the Commons that people could be eating turnips under a seasonal food model in response to questions over the shortages of lettuce and tomatoes in supermarkets.

[yump] 23/2/2023 12:42

Just out of interest, there are currently quite a few ads. on the radio from the Advertising Standards Authority. Basically saying they are on the case and adverts have to be truthful, whether you like them or not, so please report them.

The advert ends with "every little helps".

Yes it really does !!

So that's free advertising for Tesco, which is nice but clearly demonstrates the ASA's incompetence. I remember when they were going to clamp down on advertorials, but never did.

and by the way 90% of 250 women agree

[johnwise] 23/2/2023 04:58

Farmers tell Sunak 'clock is ticking' to fulfill promises and protect UK food supply

A farming union leader has urged the Prime Minister to promote British food production as farmers face crippling costs.

[helen troy] 22/2/2023 08:10

I'm surprised no buyback was announced for yesterday.

[momentos] 21/2/2023 17:17

True Helen. And that little box van driving round gives you free advertising. And the driver is far less likely to be a serial killer.

[helen troy] 21/2/2023 16:05

Oh dear. The volumes indicate a buyback is underway. My trade will have to wait to be filled.

[helen troy] 21/2/2023 15:59

Final? point Mo. It's delivery vans are probably electric by now, so cheaper to run than a juggernaut. https://www.irishtimes.com/business/2022/11/15/tesco-begins-electric-van-trial-for-home-delivery-fleet/#:~:text=Tesco%20has%20begun%20trialling%20electric,fleet%20at%20Bloomfield%20Shopping%20Centres.

[helen troy] 21/2/2023 14:40

It also operates 'just in time' supply. There is no ordering done. The little box van is loaded with enough replacements to cover what the computer tells him the total sales of the previous day across the 20 shops. The driver comes and replenishes each shops' shelves by sight. Nobody signs for anything. Off the driver goes. The shop manager doesn't need to be the grade of a store manager. It's a good business model if you have enough stores to supply, which Tesco has.

[momentos] 21/2/2023 11:51

So true. The smaller shop should probably be cheaper cos

- You can buy a smaller van.
- You don't have to pay for an HGV driver
- Nobody needs trollies
- You can buy less stock
- There's fewer staff
- You don't need an intercom for clean-ups on aisle 3
- You can open all day Sunday
- You don't have to dedicate 50% floorspace to Walkers crisps

[helen troy] 21/2/2023 10:47

Dunno Mo. The driver also cleared out withered veg and was stopped directly outside the front door. The shop might have had only one staff.

[helen troy] 21/2/2023 10:21

I saw my Tesco convenience store getting a delivery one morning first thing about 0715 when things were quiet. The delivery driver loaded the deliveries straight on to the shelves. It was over in 5 minutes

[geckotheglorious] 21/2/2023 10:15

Momentos
"This kind of reporting is par for the course when 99% of our media are arts courts graduates with not a clue about science, economics etc (see also: Covid"


Sadly an observation I concur with. Many are no longer "reporters" but mere propagandists.

[momentos] 21/2/2023 10:12

Yes, the cost per sq ft of retail space in an express store for staff, property, logistics, IT,fittings etc is far higher.

In a superstore with high footfall the scale also means you can pretty accurately predict sales of perishable goods. In a way not possible in a small store, minimising wastage & discounting.

If anything Tesco Express etc have significantly reduced the superstore / convenience store premium. I'm sure it used to be routinely 30-40%.

This kind of reporting is par for the course when 99% of our media are arts courts graduates with not a clue about science, economics etc (see also: Covid)

[geckotheglorious] 21/2/2023 10:00

clive7878
Post 28081

"Take a bag of carrots - almost the same price in Tesco Express for 1/2kilo, as a full kilo in the Supermarket for a whole 1 kilo. Talk about a rip off. Believe 4 pints of milk is 20p dearer too"

Tesco Express is a smaller operation but with similar overhead costs for starters.
It's also focused on convenience primarily, stocking only a small variety of products
(ie the ones most likely to leave the shelves everyday)

No economies of scale but still expensive salaries/rents/bills etc to cover.

That's why all these smaller convenience stores are always more expensive - you know like those small ones with names you've never heard of in poor boroughs.