We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The reason Foreign companies do well in the UK is that British consumers like buying from foreign companies but most foreign buyers tend to by their own goods as you see in the car industry. I believe that the likes of Tesco, Asda, Sainsburys and Waitrose will no doubt at some point get overtaken by the likes of Aldi and Lidl and the discount bargain bucket shops, especially if the current trend continues This in part is caused by consumers running out of money due to the global recession caused by Vladimir the child murdering monster. Sad but true imho. Adyor!
Kantar says Tesco's UK supermarket share has plunged from 31% in 2012, to 28% in 2021, falling further to 27% in Sep 2022.
Tesco is losing marketshare every year. Death by a thousand cuts.
Aldi has quadrupled from 2% share in 2012 to 9% in Sep 2022.
The direction of travel is (very) clear.
my local tesco is absolutely heaving with customers today its like crimbo.
i think its all the bargains you get with having a clubcard its brill.
wouldnt shop anywhere else for main shopping.
we eat a lot of fruit and veg , aldis only lasts a day and it needs binned so get it all at teasco it lasts ages.
looking forward to the next divvi cant wait to spend it in tesco and keep the profits coming in for next time, come on TESCO.
Kantar does a good (independent) job of tracking the supermarket numbers, and Aldi is clearly racing past everyone. Growing at 15-20%, while almost everyone else is shrinking or flat (including Tesco).
The denial here is quite staggering. The German firms have been smashing the British grocery market for two decades -- getting bigger and bigger every single year. The pace is now accelerating. Yet, so many people remain convinced it is not happening! Just incredible.
He would say that wouldn't he!! Don't get how it takes them nearly a year to produce their results which would be torn to bits if they were a listed company.
As predicted, latest numbers show the German discounters are crushing the British supermarkets in H2 2022. Aldi is picking up millions of new customers every few weeks! We are witnessing, and living thru, the end of the UK supermarket industry. Sad times.
https://www.bbc.com/news/business-63015985
that sounds brilliant, technology is deffo the way forward keep it coming Tesco.
Last few weeks in my local,horrendous quoues.Yesterday 40 minutes then shoppers with trolleys sent to scanning area.
Member of staff said they are bringing in some system whereby as you take something from the shelf a camera links it to your clubcard and has sum total ready when you pay.Time will tell
Oh dear, someone is grumpy, should have done better at school!
It’s been a while , I can’t tell you how demoralised people are in the store ,
Once again the lowest paid supermarket by 15p an hour “cheers Ken !” And the union bloody useless.. shoplifters still have a field day I mean the decoy goes to take two out the fire exit they stop him but then 6 yes SIx £249 tvs go out the door in a trolley .. they ended up nicking 10 in a week!,,,,, wtf are Tescos doing about it … yup diddly squat as usual and the thieves now know it.
Any way good to see the shares plummeting . Bailed out in April the last of my SAYE from 5 years ago , and with the saye due mid October I’d love to see these tank to £2 or lower ! As I’ll be going all in my last £300 a month for 5 years .
I mean we’re in a recession and who or what company in its right mind is or has the cash to buy back £1.25 billion of shares in a little over 18 months ,,
Dividend if it stays the same is close to 6% .. 0% when I took the2016 one out .
One of the only good things working for Tesco is this .
Dot com I imagine bleeding cash still and even with the now 4 weeks notice to leave for drivers they still have massive churn ,
Sad to see though this once fabulous company slowly dying by a thousand cuts.
Ken’s going to have to dream up something to get his performance bonus!
Yes, TSCO stock has cyclically plunged -60% in the past 15 years...
It's a cyclical stock, look at the SP on the monthly chart. 237 was my support, it's gone back to 222 though. I missed it and bought back in in at 226. A lot of buying demand, buy I see Sburys is way off my target of 180p still, so I think TSCO might drop out of this ascending wedge to 207 or 191 and start a descending wedge downtrend. Still good for buying the dips!
https://www.tradingview.com/chart/TSCO/qmjj1NKN-TSCO-end-of-cycle-or-beginning-of-new-downtrend/
From holding up so well This summer compared to others, it's certainly turned now.
Modern retailing is so barrier-free and ultra-crowded, it all comes down to "productivity". Those managers who can squeeze the most revenue or profit from the least footprint are (and will be) the winners. There is no space for inefficiency.
Everyone moans about Cadbury, but its UK chocolate marketshare has actually gone up since Mondelez US took over, as has profit. By reducing (expensive) chocolate costs, and locking in shelf-space at retailers, Cadbury is in perhaps its strongest ever UK position.
Meanwhile, Aldi and Lidl are the kings of retail productivity. Their sales-per-square-foot are 10-30% higher than all the other UK-owned supermarkets, including Tesco. Their tight stores, tight product lines, tight car parks, no wasteful e-shopping, and tax-lite corporate structure are a masterclass in German efficiency. They are crushing the British supermarkets -- slowly but surely.
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
Tesco now have long queues at all times of days. Complaints are up from customers. (however people complain about queues anyway so I doubt many leave. The biggest problem is Ken Murphy the new CEO. he had a reputation for cutting at boots (and now they are not doing so well.) He is cutting at Tesco as well. Previously Dave Lewis had some actual slack to cut (counters and bakery being totally unprofitable) But there is nothing to cut. And with a very unprofitable dot com operation in the stores at least dragging them down (actual dark stores ie pure dot com 100 vans no customers do make money. There is a reason Aldi and Lidl don't do home delivery and customers want it. It doesn't make money. The Germans know it.
Rowntree’s also, now gone to ruin!
Founder John Cadbury will be turning in his grave at the rubbish American Cadburys products nowadays, when compared to his original Uk products.
A race to the bottom, ruined by foreigners.
Don’t get me started on the once Uk sweetheart, Cadburys, when it was Uk run. Gone downhill fast now that the Americans bought the company and changed all of the recipes.
All of the chocolates now ruined!
Morrisons used to be Uk, now American.
Basically, the Uk is pretty much run by foreigners.
“Uk supermarkets are in steep decline. American brands are in steep growth” Asda? Used to be Uk, but now American.
The fact is it’s a race to the bottom with some supermarkets. The more Tesco competes with the Germans by selling “value” products, then the worse that Tesco shopping experience becomes. Who would want all supermarkets to be like Lidl or Aldi? That would be a very boring world.
You’ve been reading Ulysses again haven’t you?
yeah i know.
Look where skoda are now aswell.
Sounds like some folks are in denial...
Pretty much all UK supermarket brands are in steep, steep decline.
Only the German and American brands are in steep growth.
The trends are clear.
We are witnessing the end of the UK supermarket industry.
Think British Leyland and Rover in the 1980s.
what a load of ballocks