Tesco was originally founded in 1919 and is now the UK's largest non-food retailer. It is operating in 14 markets across Europe, Asia and North America. It has many outlets including 'Extra', 'Superstores', 'Metro', 'Express' and 'Homeplus'.
See you and the rest of the market at 180 first ;).
Haven't got a clue what it's due to but with the sale of S Korean assets and Dunnhumby, the reduction in couponing and the end of Fuelsave, my deduction Dr Watson is that Tesco are preparing a major change of strategy which will result in a significant increase in the SP. See you at 240 but maybe not until after the Greek tragedy has unfolded.
Off load before the weekend
Anything could happen monday
Guys at £1.70
So now the SP is down do we attribute it to that too?
End of Fuel Save
The fuel save offer is to end reports The Grocer. Fine it had to end sometime. Tesco thinks the customer wants direct price reductions in the core business and that is what they will get. Dave is going to compete with the Lidl/Aldi sector head on. This presumably is why the SP is up this morning against the market trend. Roll out the Tesco Super Sixteen individualised price reductions on staple items. http://www.thegrocer.co.uk/stores/prices-and-promotions/tesco-scraps-fuel-save-scheme-after-just-16-months/520923.article
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