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'.
I have found the exact opposite with Tesco - plenty of people on the tills and staff in good spirits - unlike Aldi/Lidl - plenty of queuing up to do, hardly any choice, the till assistants throw stuff through at breakneck speed and there is no space on the tills to put stuff in bags anyway, - there is very little difference between the staple products at Tesco and Aldi/Lidl imo so I prefer to do my shop at Tesco and get the points as an additional benefit - the CEO has a track record of finding… Read More
It's obvious from the chart that Tesco s.p. has been going sideways in a narrrow channel for an unusually long time,showing that bulls and bears are having a punch up.The longer the chart goes sideways the sharper the rise or fall will be when it breaks out [up or down[ of its pattern. I can get cheap cakes and bread at the end of the day at Asda near me,their veg is far superior than others,but they fall down on other things.Like Lidl their checkouts seem crowded.Lidl near me when it first… Read More
ASDA knows that a price war will not help them sort their problems out.... and that their competitors will follow their prices.... just becomes an expensive futile exercise in lost margin and profit with higher labour and transport costs shifting more stock for less..
Amazon Prime is a big threat potentially, especially for household products leaving customers just to shop for fresh and recipe ingredients instore ...
At least Tesco is stepping up its fight with Amazon and looking to… Read More
Ocado 17.88% MRW 17.62% SBRY 9.67% TSCO 3.05% it is true that shorts on TSCO have risen about 50% over 6 months but that is about the same same for MRW & OCADO, if memory serves. I have read that ASDA's bark is worse than it's bite - like MRW it has no convenience stores, a major difference to TSCO & SBRY. ASDA is a high margin profit business rapidly losing Market share to every rival. Slashing prices destroys profits so I think the New Broom will go for an Online addition to its… Read More
Interesting article in the Times yesterday. They believe the recent drop in Tesco share price from £1.90 to £1.60 is due to a steady rise in shorters. The shorts are rising as they believe Asda are about to launch a price war which will suck Tesco in. The brokers are apparently evenly split over whether this will happen but many are recently going against the shorts...
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