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.
Sounds like wishful thinking...
Aldi and Lidl today already deliver 10-30% more revenue per sq-ft than Tesco -- the German shops are significantly better managed.
Tesco's overseas expansion is in reverse, its UK online business is largely a flop, and its UK grocery marketshare has already slumped from 33% to 27% in the past few years.
Once Morrisons are well in the rear-view mirror, Aldi and Lidl will take aim at Asda, then Sainsbury's, then Tesco. They are taking down the British supermarkets, one by one. It wouldn't be a surprise, at all, to see Tesco's UK grocery share down to the 15-25% range by 2030.
The good thing about Waitrose is that it doesn't have shareholders to pay , same for John Lewis. The partners are simply told there's no bonus this year. As for Tesco's I imagine there will be a share price crash due to earnings , and as for Asda they are near the end thanks to the bunch that run the place. They clearly don't have the management or infrastructure in place due to Walmarts lack of investment. I imagine Tesco will be absolutely fine as they have the best management.
Tesco has bigger fish to fry than a few rubbish self-service tills.
The Germans (Aldi and Lidl) and Americans (Amazon) are terminating the UK supermarket industry -- like they crushed the UK car industry in the 1970s. With higher productivity, better quality, and lower costs. Death by a thousand cuts.
Morrisons is on the way out, like the old Gateway supermarkets. Waitrose has started to freefall, due to ridiculous prices. Asda has uncontrollable debt. Ocado burns cash like a furnace. Sainsbury's is trapped in no-man's land, neither cheap nor premium. Tesco has overpriced cornershops and oversized supermarkets.
The future for all UK supermarket firms thru 2030 is very bleak.
Flyer just delieved.......enjoy £18 off your first online grocery shop of £60* or more ........Sainsbury, hmmm was that a omen.......
All the Tesco self service shops ive been to take cash...get rid of my loose change....taken just a few to trade ....hopefully short term....ATB
ALL check outs and self service tills should take cash. Absolutely no reason why not.
Stopped shopping at tesco almost entirely now, used to do all my supermarket shopping there.
Went to tesco yesterday. Price of an item two weeks ago was 31p. Yesterday was £1.00.
No explanation why!!!!
I've not had an issue with their self-service tills. This is an investment forum, not twitter. I care about profits and growth.
I'm glad they're supporting those charities. Would you like some egg with you gammon?
Worth noting several adverse comments on Twitter from customers concerning recent management actions.
Installation of too many poor self-service tills seems likely to reduce footfall and spend, whilst the political signalling is going down like a lead balloon:
https://twitter.com/shorty_88a/status/1569778494074195968?s=21&t=WEnRSV4NnZd-asRVGpd11A
https://twitter.com/markreckless/status/1569601434093592577?s=21&t=WEnRSV4NnZd-asRVGpd11A
who cares
Maybe it's a lack of communication with the Tesco Goons
https://www.youtube.com/watch?v=cPPURvZniPI
yeah i know, but why do the shares drop at the end of trading each day???
US inflation figures worse than expected. UK trying to avoid a recession by the skin of it's teeth, all points to more interest rate hikes, higher energy prices this winter... Take your pick.
The upcoming fiscal statement - gov. needs to pull a rabbit out of the perverbial hat.
Probably because the supermarkets announced they will close on the Queens funeral bank holiday?
why do the shares suddenly drop a 5pm? every night
What's the price you're looking at? 220 , 230 or below?
Probably due to the profit warning from ABF today
Now eyeing this up a possible entry point too
Why the drop?
whens the next divvi
shares are silly
Set my buy limit , keeps dropping today so we shall see if it goes off! Dividend not far away either..
Codswallop!!
Also time a problem with these tills .Waiting on staff to clear problems .
Talking to numerous shoppers . Percentage have stopped or considering stopping shopping at tesco .Some of view they customers not paid employees to run purchases through a till .
the question is are tesco shares the way forward???