Having worked in a Tesco store that used lifts to get from its warehouse to shop floor your right it is and was a right pain but that store is still going strong and still using lifts but with the newer way of putting stock straight from the lorry onto the shop floor and not storing so much in the warehouse things should be ok. I also have aim stock but this is my bread and butter stock.
only read the headline of the salisbury journal this week but must buyit and put whole story on here, anyhows they revamped and refurbished their city center store 7 months ago and plans are in place already to knock it down rebuild it with a hotel on top!!! barmy as the stores not to bad but getting stock onto the floor from the warehouse is a pain in the ass as you have to use lifts,, still tescos is improving and getting there arse in gear finaly come on four quid where are ya
I have to say that I am being a little harsh on the trading perfomance looking back over the last few years. Profits continue to increase nicely, so does the yield and EPS. Not a lot wrong with them at all. 15% return on Capital employed. Only trouble is being the market leader everyone is after some of your Market share. Despite that fact, the business keeps moving ahead. USA is always problematical for us Europeans. I can see why Giraffe and Tyre businesses are being bought to enhance footfall and make buyers return to the stores.
I expect they will fall on Monday or Tuesday as it always seems that someone in the market gets wind of the news first... That's me being cynical of the ways of the market. We private investors just have to rely upon our instincts and public information. The stores were incredibly busy on Good Friday - it was like there was going to be shortage of everything for weeks! We are all sheep really....
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.