Evil British Corporation to create over 500 new jobs in ireland

mike65

(despite falling sales)

You see its worth paying a little extra!

Cookie_Monster

Which evil corporation would that be?

Manach

Tescos?

RichardAnd

That would be Tesco.

http://www.rte.ie/news/2011/0624/tesco.html

Cookie_Monster

RichardAnd wrote: »

That would be Tesco.

So an evil multinational firm that has British roots but it now globally owned by lots of people (including me:))

Wile E. Coyote

Worst opening post ever!

mike65

Nah I've seen far worse and I even left a little clue about paying a little extra!

Tipp Man

Has no impact on my extreme dislike for Tesco's

As for it being new jobs - more like taking jobs from existing business and calling them new hires for Tesco

Wolfe Tone

Their vodka is evil.

Why all the hate for tesco btw?

Cookie_Monster

Wolfe Tone wrote: »

Why all the hate for tesco btw?

probably their excessive profit margins in the Irish market compared to their other international operations

or just the good old: they be Brits :rolleyes:

Bazzy

You just need to get to the bargain shelf with the short life stuff its like beating them at there own game

RichardAnd

Wolfe Tone wrote: »

Their vodka is evil.

Why all the hate for tesco btw?

No hatred from me. I do think some of their products are dreadful and they do ruin local buisness but that's just a down side to capitolism.

By the way, I think alot of these new jobs are only construction jobs for the duration of building work but it's still good news.

Bandana boy

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

ionapaul

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

Some of those profits come back into this country by way of dividends paid to the likes of Cookie Monster, myself, our pension funds, etc etc...

Whereas Dunnes is a privately-held company and any profits paid out are directly into the bank accounts of already obscenely wealthy individuals, money which is unlikely to re-enter the Irish economy at the same speed that Tesco dividends do, as the latter are paid out to 00,000s of ordinary Irish people instead of an elite few (who probably live abroad most of the time!).

sollar

Has tesco's ever closed a shop if its not doing well.

Tipp Man

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

Nail on the head

Tora Bora

I'd imaginge for every retail job Tesco create they kill off 1.5 jobs elsewhere:(
People are only going to buy so much stuff, which the likes of Tesco sell.
If they buy that same stuff from a new Tesco store, then other stores are going to sell less of the same stuff.:(

Bandana boy

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

Wages are way to high in this country and it leads to higher unemployment rates and to companies like Dell leaving the country.

Tora Bora wrote: »

I'd imaginge for every retail job Tesco create they kill off 1.5 jobs elsewhere:(
People are only going to buy so much stuff, which the likes of Tesco sell.
If they buy that same stuff from a new Tesco store, then other stores are going to sell less of the same stuff.:(

and if they can get stuff cheaper they will have more money to spend elsewhere in the economy creating jobs.

Joe10000

sollar wrote: »

Has tesco's ever closed a shop if its not doing well.

Yes, Tesco Shannon.

Cookie_Monster

sollar wrote: »

Has tesco's ever closed a shop if its not doing well.

yes
Dun Laoghaire will close soon. There have been some others closed before too

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

Tesco pays more than minimum wages, even for low paid staff and actually has quite good pay and conditions IMO.


Don't forget also that Tesco is the largest buyer of Irish food in the world, they're doing their fair share to keep this place afloat.

Joe10000

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

My info is that store managers in over half the stores earn 6 figure basics. You have to start somewhere.

Cork boy 55

Cookie_Monster wrote: »

probably their excessive profit margins in the Irish market compared to their other international operations

or just the good old: they be Brits :rolleyes:

That't the problem with Tescos is the like of transperansy regarding profits in Ireland (is it true they call Ireland treasure ireland)

Bazzy wrote: »

You just need to get to the bargain shelf with the short life stuff its like beating them at there own game

also shoplifting from a major mutliple is not a moral crime.

Bandana boy wrote: »

Or
Tesco's creates 500 minimum wage jobs at the cost of 500 Minimum wage +X jobs and local suppliers profits and ships the difference out of the country in repatriated profits

Nail on the head(I think)

ionapaul wrote: »

Some of those profits come back into this country by way of dividends paid to the likes of Cookie Monster, myself, our pension funds, etc etc...

Whereas Dunnes is a privately-held company and any profits paid out are directly into the bank accounts of already obscenely wealthy individuals, money which is unlikely to re-enter the Irish economy at the same speed that Tesco dividends do, as the latter are paid out to 00,000s of ordinary Irish people instead of an elite few (who probably live abroad most of the time!).

Who much money have you a link proof evidence????

Tora Bora wrote: »

I'd imaginge for every retail job Tesco create they kill off 1.5 jobs elsewhere:(
People are only going to buy so much stuff, which the likes of Tesco sell.
If they buy that same stuff from a new Tesco store, then other stores are going to sell less of the same stuff.:(

Say this on an RTE documentry on supermarkets an acadmeic made this claim (cannot for life of me recall name of show)

Cookie_Monster wrote: »

yes
Dun Laoghaire will close soon. There have been some others closed before too



Tesco pays more than minimum wages, even for low paid staff and actually has quite good pay and conditions IMO.


Don't forget also that Tesco is the largest buyer of Irish good in the world, they're doing their fair share to keep this place afloat.

Link proof evdience?

---

Is the main problem is lack of information regarding tescos and other Furnnier supermarkets in ireland

I would like to see some sort of study if one exists .
to tell me wheter these outfits are good or bad for tge republic

My gut instinct is we would have been better off without these huge furniienr mutilples Maybe I am wrong.

rounding tattenham Corner

Cookie_Monster wrote: »

probably their excessive profit margins in the Irish market compared to their other international operations

or just the good old: they be Brits :rolleyes:

they charge extra in ireland because they know people will pay, simple as. Tesco is a company whose sole responsibility is to make as much money as possible for its shareholders. They have no interest in been there for the social good no matter what they might say.

I used to work for the musgrave firm, where they charge way more for every product in ireland compared to northern ireland, so not just tesco, our own boys no the score to.

EL_Loco

I imagine there are more non-Irish shareholders in tescos than Irish, so you'd have to admit the profits are leaving the country to a greater extent.

Another gripe, if you were looking for them is that an English company does all their haulage. Hadn't seen an Eddie Stobart truck in my whole life up until recently. Again, they've probably created jobs locally but the profits are heading out of the country.

Bandana boy

ionapaul wrote: »

Some of those profits come back into this country by way of dividends paid to the likes of Cookie Monster, myself, our pension funds, etc etc...

Whereas Dunnes is a privately-held company and any profits paid out are directly into the bank accounts of already obscenely wealthy individuals, money which is unlikely to re-enter the Irish economy at the same speed that Tesco dividends do, as the latter are paid out to 00,000s of ordinary Irish people instead of an elite few (who probably live abroad most of the time!).

I would guess that the pay towards Dunne’s Senior executives based in Ireland alone dwarves the value of Shareholders profits repatriated to Ireland from Tesco divedends and share holder value.
The Tax they pay on this income would also be substantially higher

Now I could be wrong and your self and Cookie could be mini Richard Bransons bringing millions in Dividends back into Ireland.

I am no big fan of Dunnes either but while tough for suppliers to deal with they are far more reasonable than Tesco , Who in fairness could teach Wal-Mart a lesson or two.

daithiblue

700 mostly minimum wage jobs which will displace an equal amount of jobs currently with small traders in the town centres.

People will still by the same amount of stuff, not from local traders, but from a multi-national retailer who refuse to disclose their profits or the margin earned on their Irish sales. Their senior management refer to this county as “treasure ireland”.

Their massive buying power of tesco ensures that the local traders cannot compete and will shut up shop. Town centres lose their butchers, fruit and veg shops and other specialised traders. Take a walk through the centre of your average English town to see what our own towns are slowly becoming – boarded up store-fronts, charity shops, bookies and pubs. Just take a look at what Naas has become since the massive tesco store opened on the outskirts.

Furthermore, the media are petrified of criticising Tesco as they are reliant on their huge advertising spend. Thus, every announcement such as this is heralded as a huge boost to the Irish economy.

Cookie_Monster

Bandana boy wrote: »

Now I could be wrong and your self and Cookie could be mini Richard Bransons bringing millions in Dividends back into Ireland.

no, a whole 8 euro per year :pac:

EL_Loco wrote: »

Another gripe, if you were looking for them is that an English company does all their haulage. Hadn't seen an Eddie Stobart truck in my whole life up until recently. Again, they've probably created jobs locally but the profits are heading out of the country.

An Irish subsidiary of the English company, and only cos they can do it cheaper than the Irish companies who've managed to price themselves out of the contract...

daithiblue wrote: »

Their massive buying power of tesco ensures that the local traders cannot compete and will shut up shop. Town centres lose their butchers, fruit and veg shops and other specialised traders. Take a walk through the centre of your average English town to see what our own towns are slowly becoming – boarded up store-fronts, charity shops, bookies and pubs. Just take a look at what Naas has become since the massive tesco store opened on the outskirts.

And how is that Tesco's fault? They aren't forcing customers into their stores at gunpoint you know...

EL_Loco

Cookie_Monster wrote: »

An Irish subsidiary of the English company, and only cos they can do it cheaper than the Irish companies who've managed to price themselves out of the contract...

maybe, but how do you know? did you see all the tenders? Not saying you're wrong, but how do you know? They probably do give a better rate based on their UK trade with tescos too.

anyways, I work for a multinational, I imagine quite alot of people do too here in Ireland. That's life, if you don't like it don't shop there.

I was only pointing out the things people may take exception to with Tescos.

daithiblue

Cookie_Monster wrote: »

And how is that Tesco's fault? They aren't forcing customers into their stores at gunpoint you know...

It is a planning issue - if you want tumbleweed blowing down the main streets of towns & villages in this country then by all means, dont put any restrictions on megastores in the outskirts. There are villages in the UK with populations of a few hundred people where you cannot buy a litre of milk without jumping in your car and driving 10 miles to the closest megastore.

Good loser

daithiblue wrote: »

700 mostly minimum wage jobs which will displace an equal amount of jobs currently with small traders in the town centres.

People will still by the same amount of stuff, not from local traders, but from a multi-national retailer who refuse to disclose their profits or the margin earned on their Irish sales. Their senior management refer to this county as “treasure ireland”.

Their massive buying power of tesco ensures that the local traders cannot compete and will shut up shop. Town centres lose their butchers, fruit and veg shops and other specialised traders. Take a walk through the centre of your average English town to see what our own towns are slowly becoming – boarded up store-fronts, charity shops, bookies and pubs. Just take a look at what Naas has become since the massive tesco store opened on the outskirts.

Furthermore, the media are petrified of criticising Tesco as they are reliant on their huge advertising spend. Thus, every announcement such as this is heralded as a huge boost to the Irish economy.

Well put.

It is only in the last two years I have noticed Ministers have started using supermarkets as 'new job announcements'.

As referred to in another post research shows for ever two jobs created by a supermarket three are lost. Bruton may as well have announced 750 job losses instead of 500 job gains.

The Councils will be eager to give planning now to get development levies.

They should be made to pay double commercial rates - something like that was planned in Northern Ireland.

In UK, where planning is stricter, supermarkets buy up potential sites and leave them idle to deny access to competition. The market share in UK achieved by Aldi/Lidl is only a fraction of that achieved here.

Solnskaya

Cork boy 55 wrote: »

My gut instinct is we would have been better off without these huge furniienr mutilples Maybe I am wrong.

I always thought those Tesco lads were aliens. Here's proof. By the way, any of ye done business with Tesco?(shopping there does not count). They are not exactly a bundle of joy to deal with. Their bad outweighs the good methinks.

gman2k

Solnskaya wrote: »

By the way, any of ye done business with Tesco?(shopping there does not count). They are not exactly a bundle of joy to deal with. Their bad outweighs the good methinks.

You'll get horror stories with any of the multiples.
Dunnes in particular have some very nasty stories of suppliers being fcuked over back in the day!

For any supplier/ contractor into the likes of Tesco, you are damned if you do and damned if you don't. It takes a very brave supplier to say no!

Of course what should really happen to these ringroad supermarkets is the following - All carparking should be €10 min, and parking should be free in nearby town centres. All it takes is a mindset change/ a bit of imagination from our planners & politicians to protect actual town centres. This is where community exists.

sollar

gman2k wrote: »

All carparking should be €10 min, and parking should be free in nearby town centres. All it takes is a mindset change/ a bit of imagination from our planners & politicians to protect actual town centres. This is where community exists.

I agree

I never shop in the centre of my town because its a torture having to go and find a parking ticket machine then go back to the car and put it in. I go to the supermarkets with free parking. But thats county councils for you!!

rodento

Cookie_Monster wrote: »

yes
Dun Laoghaire will close soon. There have been some others closed before too.

Hang on a second they have just upgraded the dun laoghaire one:rolleyes:

the groutch

rodento wrote: »

Hang on a second they have just upgraded the dun laoghaire one:rolleyes:

the one in the old centre is closed down

the Bloomfield centre one was "upgraded" :rolleyes:

rodento

Which is how far from the main shopping centre:rolleyes:

Town centers dont have parking for the numbers of people required to compete with "megastores". We can refuse to move with the times but we arent going to be able to create parking spaces.

Putting 10 euro parking on megastores wont happen, the shopping centers will only bring in pay parking if they are making enough money to do it without losing business. They certainly wont bring it in so they can purposely reduce business if they want it.

Large shopping centers and large shops bring in economies of scale and reduce prices. We cant stay living in the past with cottage style industry. Our economy is already too expensive.

If town centers want to survive there are several things that can be done to reduce costs:

Reduce wages
Councils could reduce rates
NAMA could release commercial property to reduce rents
Government could reform the insurance industry so insurance is cheaper - instead FF bailed our Quinn
Government could do more to reduce electricity costs - even create jobs building more power stations. Reverse laws on turf burning for electricity or bring in incinerators etc etc.

Or we could go on about forcing tescos to charge 10 euro for parking........right yea

ei.sdraob

What the country needs is a proper large Walmart or two, i am amazed at the low prices every time i walk into one, would give the likes of tesco a real kick up arse and some real competition

RichardAnd

ei.sdraob wrote: »

What the country needs is a proper large Walmart or two, i am amazed at the low prices every time i walk into one, would give the likes of tesco a real kick up arse and some real competition

Personally, I loved the novelty of strolling down one aisle filled with cloths only to turn into another filled with shot-guns. God bless the second amendment!

waxon-waxoff

The Government see any job announcements as a good thing and dont look at the bigger picture. Brian Cowen opened a Tesco in Naas about two years ago and Richard Bruton spoke at the latest press conference. Its a good headline but its short sighted. Five hundred minimum wage jobs at the expense of established local businesses is nothing to celebrate.

waxon-waxoff

waxon-waxoff wrote: »

Five hundred minimum wage jobs at the expense of established local businesses is nothing to celebrate.

not if it helps with wage deflation
uneconomical businesses shouldnt be kept afloat or protected simply because so and so from down the road runs the business
its the same crap with the banks, if a business cant compete let it die, the sooner the better


Personally I`d love to see a bestbuy here and walmart, we had all this crap before about Lidl and Aldi coming in and wrecking the local economy. Its rubbish, if something can be done more efficiently then embrace it.

Peanut

I don't think Walmart in Ireland would be any cheaper than Aldi or Lidl currently.

Food products in the States are cheap partly because they tend to add a bunch of crap to them that is generally more restricted in Europe to keep the costs down.

E.g. Hersheys chocolate low cocoa content. Even for basic additives there can be big differences, for example this flour improver Azodicarbonamide can be used in the States but is banned in Europe, and "In Singapore, the use of azodicarbonamide can result in up to 15 years imprisonment and a fine of $450,000." !

mistermouse

Do Walmart not own Asda, and was there not rumours of Asda buying Dunnes with a view to having an Irish presence.

Were a major like Asda to come into the republic it might shake things up. I am amazed at Tesco Prices in Derry compared to Donegal, just 20 miles away with a fairly high Euro exchange rate, given Northern Ireland is an Island business with the same transport costs, surely the big differences cannot all be down to the other costs of doing business.

More competition to Tesco would help things. Tesco do not provide their full figures for Ireland and I believe that there is a reason for that.

I worked in an independant shop chain a number of years ago as a buyer, I could do a product from an Irish supplier less than Tesco did, still retaining a good margin, the supplier tole me I would have to equal or increase the retail price as tesco would object and he would possibly loose Tesco nationwide. I went ahead with our standard markup that undercut Tesco by 10%, but I am sure this happens regularly and many retailers and wholesalers are under pressure

gman2k

ei.sdraob wrote: »

What the country needs is a proper large Walmart or two, i am amazed at the low prices every time i walk into one, would give the likes of tesco a real kick up arse and some real competition

Have you ever been to a typical American large town? Nothing happens on main street, everything is at the mall.
I was in Lexington Kentucky a couple of years back, and because everything is mall based (so you need a car to go everywhere), the town centre of Lex was dead and soulless, lots of parking lots, but very little retail or activity in general.
Public transport was virtually non existent.
Yet when you go to the mall, there is thousands of people there going about their business.

I personally would much rather see life in town centres than in bloated carparks on ringroads.

johnnyskeleton

Tora Bora wrote: »

I'd imaginge for every retail job Tesco create they kill off 1.5 jobs elsewhere:(
People are only going to buy so much stuff, which the likes of Tesco sell.
If they buy that same stuff from a new Tesco store, then other stores are going to sell less of the same stuff.:(

Which suggests that there are too many people working in retail. If one person can do the same job that it currently takes 1.5 people to do, that is inefficient, no?

sarumite

johnnyskeleton wrote: »

Which suggests that there are too many people working in retail. If one person can do the same job that it currently takes 1.5 people to do, that is inefficient, no?

I guess large monopolistic corporations must be good for an economy so!

Peanut

mistermouse wrote: »

...the supplier tole me I would have to equal or increase the retail price as tesco would object and he would possibly loose Tesco nationwide. I went ahead with our standard markup that undercut Tesco by 10%, but I am sure this happens regularly and many retailers and wholesalers are under pressure

I see they were most likely at the same thing in 2003,

Tesco to face Competition Authority inquiry

Supermarket giant Tesco faces the prospect of a Competition Authority investigation into claims that it told suppliers it would no longer buy goods from producers selling to German discount chains Aldi and Lidl.

http://www.breakingnews.ie/business/tesco-to-face-competition-authority-inquiry-124299.html

Pacing Mule

johnnyskeleton wrote: »

Which suggests that there are too many people working in retail. If one person can do the same job that it currently takes 1.5 people to do, that is inefficient, no?

That's more than a bit simplistic. It comes down to the usual economies of scale. You could pick any 10 businesses in any field, combine them into one and half the combined staff could run that business. Doesn't mean that any of those businesses nor the industry itself is ineffiecient.

Good loser

johnnyskeleton wrote: »

Which suggests that there are too many people working in retail. If one person can do the same job that it currently takes 1.5 people to do, that is inefficient, no?

That's fine but why should Bruton look for credit for Tesco jobs when three are lost for every two gained.

mikemac

Good news.
Buy Irish we're told and I do where I can. But the local Centra and Spar and independent corner shops are owned by Irish people and have sky high prices.
You'll say I'm comparing corner shops to supermarkets, read on

I do use the local butcher, it's a craft and the owners and workers are master craftsmen so I'll pay extra for quality Irish produce here. I can ask questions and get information on the food sources that the teenager in the supermarket cannot tell me.

But for everything else I'd rather shop in a corporation owned by shareholders then some town centre Irish shop owned by an old biddie ripping people off for decades or Dunnes Stores proclaiming their Irishness and owned by a few select multi millionaires.

Compete or die to the Irish shops

PARKHEAD67

mike65 wrote: »

(despite falling sales)

You see its worth paying a little extra!

Lidl for me.Always Lidl.Better,cheaper food:D