Tesco in crisis

I shop around for all of my food and it works out way cheaper than getting it from one place. You have to take the loss leaders from each. Farmfoods can do 15 eggs for £1 and Tesco can't manage that.
 
MaxP779 said:
Examples? What is more expensive in Tesco?
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Meat, produce, spices, fish.

A quality piece of meat from the butchers is less than a quality piece from tesco. Cheap meat from the cash and carry is cheaper than tesco.

Produce is almost universally cheaper and of a higher quality, spices are cheaper by a massive amount in proper spice merchants.

And fish? Holy crap it's a rip off in tescos. I pay £7.50 for a kilo of king prawns from my fish guy. Tesco you'd be paying double or triple that for the same quality of prawns.

Just about everything, the milk is cheap though by a small margin, I buy 4 pints a week and just get them off the milkman because I can't be arsed for the sake of pennies. And the booze usually, except the wine which is generally very expensive given the quality.

If you want 3 bottles of cheap vinegar crap for £10 then it's good, if you want a palatable table wine for £5-6 a bottle then you're wasting your time in a supermarket.
 
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chief barker said:
Spoon meat, sticky African waffle biscuits, sticky lasagne, sticky peas, part baked sticky discs, hydrogenized tomato flavoured dust, carbonated dipping jam, sticky potato pistols, chicken lengths, and............skewered fish coil with a fizzy porridge style dipping gravy.
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Tastes better than real food! :D
 
v0n said:
I live 100 yards in straight line from large Tesco building. Five floors of parking, two shopping floors, restaurant floor. I do everything in my power not to shop there. It is without a doubt the worst supermarket I have every seen in UK, in Europe, in the world. Restaurant closed, three floors of parking closed, one store floor closed, half of the remaining floor partitioned and closed, one out of three lifts working. Inside it's like Banhoff Zoo movie set, grim, drab, urine in every corner of the lift and parking lot, leaking fridges propped by several flood defence bags, wonky asbestos ceiling panels pierced by random pipes and airline pipeline repairs over the years above you. Every wall plastered in faded shades of that eighties school uniform blue and red they use for logos, but scruffier, dirtier, peeling and damaged.

They re-arranged sections few months ago and now it is completely retarded, all the heavy items are at the back, veg, milk and bread is in the furthest corner at the back, but alcohol is right on the front, between children toys and nappies. Nothing in the layout makes any sense. Cheese is adjacent to instant meal section, but imported sliced cheese is at the end of the meat section between hamburgers and milk. Coffee is next to fizzy drinks but coffee whitener and sugar is next to spices and flour. Milk is tucked behind veg section, but long life milk is in opposite diagonally section, between ethnic food and rice bags. Quick/instant rice however is in canned veg section. Noodles are not in the same section as pasta. The so called "healthy" breads - the Kargs and Rivita's are between chocolates and imported cookie boxes in confectionery alley.

Life is too short and time is too precious trying to play treasure hunt and where is Waldo in dirty, depressing, smelly store.
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Sound like a westfield shopping center
 
Mickie said:
i guess their profit is down so much because they've pumped it into new buildings..

i have no idea of what they've build outside the northeast but they have built two massive super stores, up here, one in sunderland, one in consett.. both busy..

but Obviously the cost of everythings gone up and peoples wage hasn't so they're going to lose out there too..
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They still lost money by building and closing that one at Delves. The smaller one at Annfield Plain seems to do ok and is much better than the Coop it replaced.
 
But is it really nessecary to have more than one Tesco with in a mile of each other (according to them it is)?
There used t be an underground marker just off Market Street in Manchester City Centre (anybody remember it?) but it had to close down so that Tesco could open a large branch
 
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Woe intensifies..

Serious Fraud Office plans Tesco criminal investigation
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The Serious Fraud Office is about to carry out a criminal investigation into accounting irregularities at supermarket giant Tesco, sources have told the BBC.

Last week, the supermarket announced that its profits had been overstated by £263m.

That is up from an initial estimate last month of £250m.

The accountancy firm Deloitte last week completed its investigation into Tesco's misreported profits.

It found that they were overstated by £118m in the first half of this year, by £70m in the 2013-2014 financial year and by £75m before that.

The SFO will join the Financial Conduct Authority, the City watchdog, in investigating Tesco. The FCA told Tesco it was being probed at the start of this month.

The UK accountancy regulator, the Financial Reporting Council, is also monitoring Tesco.

The supermarket giant's shares have lost more than half their value in the last 12 months, tumbling from 369.10 pence.

Tesco rose 2.3% today to 173.7 pence, while the FTSE 100 advanced 1%.

Tesco had been doing deals with suppliers over promotions, which is commonplace for supermarkets.

But it appears Tesco had been booking returns from those promotions too early, while pushing back the costs.

Eight executives have been suspended since that practice was revealed.

Tesco has said there was no evidence of personal gain from the mis-statement.

The news of the investigation by the SFO was first reported by Sky News. Tesco and the SFO declined to comment.
 
anticonscience said:
Thanks for putting that in spoiler tags, I didn't want to ruin the movie.
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TESCO The Movie
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They'll be the new Bond Villiant!
 
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