Author Topic: Tesco shares tumble as profits slump nearly a quarter  (Read 3602 times)

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Pete

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Tesco shares tumble as profits slump nearly a quarter
« on: October 02, 2013, 11:59:21 AM »
Supermarket blames tough conditions in Europe as rival Sainsbury's reports solid performance....

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Kent

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #1 on: October 02, 2013, 05:55:29 PM »
mmmmm.......I wonder, are people finding them out......&/or..... ::)...is it because of their Petrol prices  :))

Old Cruser

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #2 on: October 02, 2013, 06:02:16 PM »
Nope it's because they are robbing old women out of a full punnet of Strawberries  >:
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Pete

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #3 on: October 02, 2013, 06:07:37 PM »
>> Nope it's because they are robbing old women out of a full punnet of Strawberries

The filthy swines! To think that I criticise them for constantly putting prices up, attempting to drive small shops out of business and putting T*sco Express stores on every street corner - but I never realised they would stoop so low as to interfere with your punnet OC.  >:(  ;)
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Old Cruser

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #4 on: October 02, 2013, 06:09:32 PM »
 :))  :))  :)) don't forget the cream which goes on it  :))
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Fly

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #5 on: October 02, 2013, 06:18:27 PM »
Smut. PM'ed you  >;
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Slacker

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #6 on: October 02, 2013, 07:53:22 PM »
That's why they've doubled the price of fresh pineapple chunks then

Fly

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #7 on: October 02, 2013, 07:56:56 PM »
Have you seen the price of 'Value Tuna'  C:-) LOL
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therealjr

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #8 on: October 02, 2013, 10:21:55 PM »
If you want it explaining rather than just taking the P out of T**** I'm prepared to do so


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Slacker

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #9 on: October 03, 2013, 06:46:19 AM »
Surely the market must reach saturation point. 30 years ago the only large supermaket around town was Presto. Now we have Morrisons, Tesco. Sainsbury,  Asda, Lidl, Aldi as well as online grocery shopping and the population hasn't got that much bigger

therealjr

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #10 on: October 03, 2013, 03:06:53 PM »
True but equally we no longer have places like Hmv because the supermarkets have taken their entertainment trade. We no longer have a lot of small butchers or green grocers. Macfisheries? Woolworths and littlewoods both gone as supermarkets have moved into clothing and household. We've simply become the one stop shop in the same way that places like meadowhall have replaced the high street


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Pete

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #11 on: October 04, 2013, 12:49:03 PM »
TBH I'm totally against the death of the high street and small businesses.
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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #12 on: October 04, 2013, 02:29:30 PM »
My hubbies business was killed off a few years ago, it had been set up by his father and he took over, so going many years.
What happens - they build newer shops, move the town centres, bring in the big boys such as tesco's, meadowhall.
He closed it down as it wasn't viable to keep putting his savings into it.
You can't beat the personalised small shops/business but they don't stand much of a chance do they.
Just everso slightly off topic I have heard that Aldi and Iceland are to come to the Clay Cross Market Street, occupying what used to be the Soap Box and the Co-Op.
I welcome this if it's true as the few small businesses left on Market street have to be struggling after they brought in Tesco's!
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Pete

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #13 on: October 04, 2013, 02:41:35 PM »
I didn't know that OC - that's a shame.

Also, when the big boys have it all to themselves I worry prices will go up. :(

Lets hope they are still competitive.

And CBC need to rethink the town centre planning.
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Old Cruser

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Re: Tesco shares tumble as profits slump nearly a quarter
« Reply #14 on: October 04, 2013, 03:13:57 PM »
Prices going up - that will almost certainly happen Pete, just look at Tesco's. They have both feet in the door and their bums on the seats!
Prices certainly rising there, maybe eventually it will do a turn around and the Markets will be back and flourishingly competative - was that a pig I just saw fly past the window ::)

CBC should give more thought to the Town centre, instead of keep moving it around and damaging businesses, has the Do-Nut plans fallen flat now?

From what I have heard in the past the rents they charge for the businesses are quite high and have been for years, the smaller shops don't stand much of a chance at surviving, I suppose the one good thing about my hubbies business was that the property wasn't rented but it still didn't stop him being squeezed out.
The old lady with the wonky middle finger

 

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