so - when do we buy Tesco ?

NVP

Well-known member
Jun 21, 2004
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fxcorrelator.com
#61
That's actually part of their revenues stream since they charge suppliers a fee depending on shelf positioning. You want your toothpaste at eye level right in front of the customer, and not down where they to crawl on hands and knees? You'll be cutting Tesco a fat cheque for that (in fact it's accounting for these convoluted schemes that seems at least in part to have caused the £250m to go missing down the back of the CFO's sofa).

There's a strong likelihood that there is a dividend cut and £3bn rights issue coming. 150p is in sight..., sorry Pat.
perhaps they should try to buyback some shares.........;)
 

Jack o'Clubs

Well-known member
Sep 7, 2005
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#63
Having had a bit of exposure, albeit indirectly, to the top of the corporate tree, it really is another world. It makes the shenanigans of coke and strippers beloved of city boy type stories everywhere look tame in the extreme. Not so much tame as lacking ambition... CEOs everywhere must be delighted at the levels of approbation still being poured on banks and bankers, if it keeps the press away from what they routinely get up to with shareholders cash. Tesco's, a grocers store has a fleet of private jets, lol. Jack Cohen will be spinning in his grave.
 
Aug 21, 2004
9,162
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Manchester
#64
Tesco's, a grocers store has a fleet of private jets, lol.

I remember the days when ASDA piled it high and sold it cheap, our local was run from an old mill building with no heating or bespoke shelving. Everything was palletised and discounted. Yes , even for One item, and discounts were progressive, the more you bought, the cheaper it was, which is quite different to how they all operate these days. There is a culture now which tries to nail your hat on at every opportunity. Unit cost 1 item £2.50. Special saver 4 pack £11.20.

There were no reward / points bribery schemes either. WTF are they all about anyway...obviously aimed at gullible women who actually believe they are saving money by spending money ! The mind boggles :LOL:
 

Atilla

Well-known member
Nov 15, 2006
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#65
Retail pricing strategy and utility tariffs are a whole new science these days.

Very elaborate and extensively designed to give you less for more money.

Weight, content, packaging, location, bulk, colour, shelving the lot.


Check out the yogurt pots have an indent on the bottom. These sales retail tactics are as sneaky as they get.

Not to mention ingredients and fat content. Pay the same for a smaller portion and hey presto less calories.


Retail pricing is a new art. Human creativity knows no bounds for deception.
 
Likes: 0007
Aug 21, 2004
9,162
2,316
323
Manchester
#66
Retail pricing strategy and utility tariffs are a whole new science these days.

Very elaborate and extensively designed to give you less for more money.

Weight, content, packaging, location, bulk, colour, shelving the lot.


Check out the yogurt pots have an indent on the bottom. These sales retail tactics are as sneaky as they get.

Not to mention ingredients and fat content. Pay the same for a smaller portion and hey presto less calories.


Retail pricing is a new art. Human creativity knows no bounds for deception.
Yes exactly. It's a bit like politics, all window dressing and no truth or substance.

I wonder what a weekly shop would look like if it were undressed from all the packaging !
 

Atilla

Well-known member
Nov 15, 2006
18,349
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#73
Got some. As long as they don't appoint another plausible idiot for top job ,should be ok

( where do they find these clowns ? The golfclub ? !

Give the job of a banker to a market stall guy and give the job of a market stall guy to a banker. Makes perfect sense to me. :cheesy:
 

Pat494

Well-known member
Mar 27, 2004
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#75
The bosses need to concentrate on building up profits imho. Not swanning around in company jets and playing the fool.

The graph below shows what their leadership was like. Awful as far as shareholders are concerned.
 

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