Market model flaws have been exposed, by the so called cheap supermarkets, but look and learn and they can turn it round, Sub divide their stores, rent the excess retail space to others,direct other retailers traffic through their main entrance, carry less lines from suppliers, reduces perishable stock and produce less if any off their duplicate lines, pricing has to be comparable to the competition , and staff more flexible, e,g on and of checkouts as required and reward them accordingly. Point is there's new kid's on the block with a better idea of how the customer thinks and they are servicing his needs better than the established Supermarkets, and in they are loosing ground fast.
Iv' just had the same sort of email from M&S so i suppose that's them in the mire as well Sheldon and as for your next post we will just have to wait and see and you never know they just ? and i mean just might not have used all their 9 lives yet
I usually go in big on recovery stocks but this isn't going to bounce anytime soon. The vultures are circling, will probably get broken up and various divisions sold off to competitors over the next 2 years.
Can't see a way back for this shower, shops are looking tatty and tired, lot's of suited idiots wandering around while customers line up for ages at checkouts. Online isn't any better, I placed an order with Direct yesterday to collect today at local store, see emails below, what a shambles !!!!
We have just dispatched your order.
You can collect from your chosen store after 3:00pm on Thursday, 30 October 2014.
We'll email you when your collection is ready. You'll need proof of ID and your order number when you come to collect.
Then at 13.00 today I get this.
We are really busy processing your order and are sorry to tell you that part or all of your order has been delayed. This is due to high demand recently. Your order will now be delivered to your chosen destination on Friday
Your order will be available to collect at store after 3pm if you have chosen our click and collect service. We will send you an email when the order is ready to collect. Unfortunately the date on the email will advise your original collection date, please disregard this.
We are sorry for the delay and inconvenience.
I also know two people who own companies that supply Tesco and they have been saying for the last 3 years that eventually things would catch up with the incompetent management.
Datafeed and UK data supplied by NBTrader and Digital Look.
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.