tesco £5bn wiped off shares

wendell borton

http://www.guardian.co.uk/business/2012/jan/12/tesco-stores-shakeup-christmas-performance?newsfeed=true

Great to see people are finaly realising tesco are *#*?s.

starbelgrade

I wipe my hole with £5 billion shares.

My name is URL

Bet they used Charmin

available at all good Tescos

aaronjumper

starbelgrade wrote: »

I wipe my hole with £5 billion shares.

That must take awHile. Cool wHip.

starbelgrade

aaronjumper wrote: »

That must take awHile. Cool wHip.

Not really. I have a massive hole.

mikemac1

And the response will be to lay off lots of staff

And give the executives top bonuses for slashing costs

Mr Trade In

Meanwhile Tesco Ireland announce record profits due to massive price inflation compared to the UK counterparts...

Dramatization... May not of happened.

dvpower

Mr Trade In wrote: »

Meanwhile Tesco Ireland announce record profits due to massive price inflation compared to the UK counterparts...

Dramatization... May not of happened.

May not have happened

Corruptedmorals

wendell borton wrote: »

http://www.guardian.co.uk/business/2012/jan/12/tesco-stores-shakeup-christmas-performance?newsfeed=true

Great to see people are finaly realising tesco are *#*?s.

How? Chances are this will affect jobs, hours and potential new store openings here. Tesco is an enormous Irish employer, something that has the potential to really damage that is not to be welcomed.

Ghandee

this wee hobbit was major contributor!

wendell borton

Corruptedmorals wrote: »

How? Chances are this will affect jobs, hours and potential new store openings here. Tesco is an enormous Irish employer, something that has the potential to really damage that is not to be welcomed.

what about irish producers and suppliers? in the long run tesco will harm employment.

Tesco tried to hide its policy from Irish people of buying directly from UK suppliers. An internal document said that a key objective was ensuring its policy of taking deliveries directly from UK suppliers went unnoticed and remained "invisible to the Irish customer". At the same time the president of the Irish Farmers' Association said there was deep anger about Tesco's decision to displace local produce with imports and that it "will inevitably lead to thousands of job losses and will put Irish producers of local, fresh produce out of business."[52]

http://en.wikipedia.org/wiki/Criticism_of_Tesco

Nuttzz

Must some amount of shoplifting that anthony worrall thompson got up to then...

suicide_circus

starbelgrade wrote: »

I wipe my hole with £5 billion shares.

And is that still legal tender?

El Horseboxo

It's that fecking bargain alerts crowd in the Tesco thread. They're mad for mispriced stuff.

ejmaztec

There'll be no bargains here because they're only interested in making a come-back in their main market in the UK. They'll just use places like Ireland to prop up the group profits, so we'll still get screwed.

Not that we won't get screwed by Dunnes and SuperValu, because they're as bigger pair of robbers as Tesco.

ScouseMouse

Tesco has no real growth in Ireland. What they are "announcing" is the effects of the small tesco express stores they are opening.

All they are doing is using the sales from the small, new shops, to show growth in Ireland and they are just wiping out the small irish retailer.

Tesco town anyone?

Standard Toaster

"Insert card or select payment method" :mad:

MrJoeSoap

Standard Toaster wrote: »

"Insert card or select payment method" :mad:

Unexpected item in the bagging area.

monkeypants

Corruptedmorals wrote: »

How? Chances are this will affect jobs, hours and potential new store openings here. Tesco is an enormous Irish employer, something that has the potential to really damage that is not to be welcomed.

Supermarkets have a net cost on jobs.

CrazyRabbit

It's no surprise that sales are down. The shelves are empty half the time in my local tesco and they only restock certain products every few months. I assume the rest of their stores are like this as well.

ScumLord

Don't care, don't shop there never will.

monkeypants

The nearest Tesco to me is Clarehall and every time I come out of there, I have a headache. I think there's something funny with their lighting. I've stopped going as it isn't worth it.

Captain Darling

starbelgrade wrote: »

I wipe my hole with £5 billion shares.

You must have a massive arse.

gurramok

Ha! Consumers have copped on to their marketing con of 'cutting prices'!

Ficheall

I like Tesco. It's fairly cheap and open at reasonable hours.

Capt'n Midnight

Didn't realise Worrall Thompson took that muck stuff :eek:

Chuck Stone

As long as it doesn't cost the Irish tax-payer a penny not a single fuck could I give.

admiralofthefleet

assistance needed

Savman

Must be all that stroking at the Self Service checkouts in Tesco Clare Hall Darndale.

Buy one, get 10 free.

Flesh Gorden

I think this was posted on some past thread - but it sums up the likes of Tesco for me

"Jim Power, the economist, did a study for us and one of the things he showed was
that for the 38pc of market share that independent retailers have they've created about 90,000, jobs.
For the 27pc market share that Tesco has, it has created 13,000 jobs."

http://www.independent.ie/national-news/bruton-tells-tesco-to-buy-irish-as-retail-giant-creates-500-jobs-2805744.html

ScumLord

Flesh Gorden wrote: »

I think this was posted on some past thread - but it sums up the likes of Tesco for me



http://www.independent.ie/national-news/bruton-tells-tesco-to-buy-irish-as-retail-giant-creates-500-jobs-2805744.html

Do those numbers include jobs in the local supply chain and how they affect the welfare of our livestock?

Darkginger

If I'm at all indicative of the general Irish public, then we do our main shop in Lidl or Aldi, and only go to Tescos (if we have to) for branded goods - and even then I'd prefer Supervalu or Centra, given the choice. Ideally, I'd do all my shopping in the local butchers, greengrocers, fishmongers etc., but bringing bags of shopping from one shop to another, as opposed to just pushing a cart around a big shop, puts me off - especially when it's raining (which it always is).

Doc Ruby

wendell borton wrote: »

what about irish producers and suppliers? in the long run tesco will harm employment.

Between this and the christmas shelf stacking internships, tesco will never get a cent from me again.