Tesco as a Long Term Proposition?16 Jun 2026 09:54
I've held this share for a long time and the best I can say it that it's been 'steady'. Worryingly at an operational level they seem to have floundered with the business treading water whilst the likes of Aldi, Lidl and even Sainsbury's seem to expand. This seems to have become worse ever since Sir Terry Leahy departed. What do others think?
I do have first hand experience of dealing with the company and they seem absolutely incapable of making decisions with no appetite for growth (sounds like a Government I know....). The business seems full of people who I presume are well paid (at a management level) yet all they do is cover their backsides!