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Tesco suspends Bosses over £250 million profit error

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Mon 6 Oct - 0:22

I READ AN ARTICLE WHICH SAID INTERNET IS ONE REASON WHY SUPERMARKETS ARE NOT DOING ALL THAT WELL,THAT AND THE FACT THAT THERE ARE MANY PLAYERS SELLING GROCERIES,SURPRISED TO SEE STAPLES IN THAT LIST,IT APPEARS NEARLY EVERY SHOP IS SELLING FOOD OR DRINK.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Mon 6 Oct - 7:47

Badboy wrote:I READ AN ARTICLE WHICH SAID INTERNET IS ONE REASON WHY SUPERMARKETS ARE NOT DOING ALL THAT WELL,THAT AND THE FACT THAT THERE ARE MANY PLAYERS SELLING GROCERIES,SURPRISED TO SEE STAPLES IN THAT LIST,IT APPEARS NEARLY EVERY SHOP IS SELLING FOOD OR DRINK.

Morning Badboy, while the Internet has been a wonderful creation it has also been a curse. City Shopping Centres are losing sales because people shop on the internet, same with groceries., indoor markets etc. This in turn affects the labour market in Cities , too late now .

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Wed 8 Oct - 14:17

BIG SUPERMARKETS HAVE LOST £404 MILLION OVER 12 WEEKS,WHERAS ALDI AND LIDL HAVE GAINED £396 MILLION OVER SAME PERIOD.
NUMBER OF SMALLER CONVIENCE STORES HAS INCREASED 186% IN THE HIGH STREET.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sat 18 Oct - 23:28

I SEE SOME TESCO'S STAFF REFUSED TO SERVE A BLIND PERSON BECAUSE THEY SAY HER GUIDE DOG WAS A PET.
EMPLOY IGNORANT PEOPLE AND YOU MIGHT LOSE CUSTOMERS.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sat 18 Oct - 23:52

Badboy wrote:I SEE SOME TESCO'S STAFF REFUSED TO SERVE A BLIND PERSON BECAUSE THEY SAY HER GUIDE DOG WAS A PET.
EMPLOY IGNORANT PEOPLE AND YOU MIGHT LOSE CUSTOMERS.

Badboy, here's proof that Tesco deliberately cooked the books, will any Directors go to Prison?


http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/11171562/Tesco-suspends-three-more-executives.html

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 19 Oct - 13:46

THERE IS SPECULATION THAT IN THE NEXT 10 YEARS OR SO THAT ONE OF THE BIG SUPERMARKETS MIGHT NOT BE AROUND.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 19 Oct - 14:02

Badboy wrote:THERE IS SPECULATION THAT IN THE NEXT 10 YEARS OR SO THAT ONE OF THE BIG SUPERMARKETS MIGHT NOT BE  AROUND.

I wouldn't be surprised , a few have been bought out already and some like the Co-op and Morrisons will not survive.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 19 Oct - 14:21

I JUST REMEMBER SOMETHING STELLIOS-HAJI??? IS GOING TO LAUNCH A SUPERMARKET CALLED EASYMARKET????????????,SELLING ITEMS AT 50P,THERE ARE GOING TO BE SO MANY COMETITORS IN FOOD MARKET,IT WILL BE A WONDER IF ANY FOOD SELLING SHOP WILL MAKE A PROFIT,THE FOOD BUYING POUND WILL BE STRETCHED THAT THIN.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 19 Oct - 15:41

MOODY HAS RELEASED A REPORT SAYING BIG 4 ARE IN A RACE TO THE BOTTOM,BIG STORES COST LOTS TO RUN,WHEREAS SMALL ONES COST LESS AND MIGHT BE MORE IN TUNE WITH THE CHANGING MARKET.
MORRISONS WITH ITS FEW STORES IS IN IDEAL POSITIONTO TAKE ADVANTAGE IF THERE WERE TO HAVE AN INCREASEE IN THEIR INTERNET PRESENCE.
ALDI/LIDL COULD INCREASE THEIR MARKET SHARE TO 10%.
BIGSUPERMARKETS WILL FIND THEIR PROFITS MARGINS SQUEEZED IN THE RACE TO THE BOTTOM.
IT WILL BE INTERESING TO SEE WHAT HAPPENS.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 19 Oct - 15:52

Badboy wrote:MOODY HAS RELEASED A REPORT SAYING BIG 4 ARE IN A RACE TO THE BOTTOM,BIG STORES COST LOTS TO RUN,WHEREAS SMALL ONES COST LESS AND MIGHT BE MORE IN TUNE WITH THE CHANGING MARKET.
MORRISONS WITH ITS FEW STORES IS IN IDEAL POSITIONTO TAKE ADVANTAGE IF THERE WERE TO HAVE AN INCREASEE IN THEIR INTERNET PRESENCE.
ALDI/LIDL COULD INCREASE THEIR MARKET SHARE TO 10%.
BIGSUPERMARKETS WILL FIND THEIR PROFITS MARGINS SQUEEZED IN THE RACE TO THE BOTTOM.
IT WILL BE INTERESING TO SEE WHAT HAPPENS.

Badboy, Lidl and Aldi have proved you can make a profit without fleecing the Customer. Whereas the big Supermarkets spent a fortune on decor, Restaurant etc, the Germans turned to basics and this is what the Customer wants, especially in these shaky times when the economy is fluctuating so much.

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Tesco Shares slump

Post  Panda on Thu 23 Oct - 16:47

http://www.bbc.co.uk/news/business-29735685

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Fri 24 Oct - 2:11

I WONDER IF IT WILL BE TESCO'S THAT WILL COLLAPSE OUT OF THE BIG 4.
ASDA,WAITROSE,ALDI/LIDL ARE THE ONLY SUPERMARKETS THAT ARE INCREASING PROFITS.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Fri 24 Oct - 8:34

Badboy wrote:I WONDER IF IT WILL BE TESCO'S THAT WILL COLLAPSE OUT OF THE BIG 4.
ASDA,WAITROSE,ALDI/LIDL ARE THE ONLY SUPERMARKETS THAT ARE INCREASING PROFITS.

They will be closing Branches down Badboy , I think the Chairman has resigned , more redundancies I fear.

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Tesco Suppliers call in Audit Teams

Post  Panda on Wed 29 Oct - 9:45

http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/11193968/Tesco-suppliers-call-in-audit-teams-over-accounting-scandal.html?WT.mc_id=e_3644323&WT.ts

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Thu 30 Oct - 0:24

A CRIMINAL INVESTIGATION HAS BEGAN INTO POSSIBLE FRAUD AT TESCO'S,THIS WILL BE INTERESTING,TESCO'S SHARES ARE DECLINING IN VALUE.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sat 1 Nov - 20:35

TESCO'S COULD BE DEGRADED TO JUNK STATUS SAYS MOODY'S THE RATING AGENCY.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 2 Nov - 5:17

Badboy wrote:TESCO'S COULD BE DEGRADED TO JUNK STATUS SAYS MOODY'S THE RATING AGENCY.


I wouldn't be surprised Badboy.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 2 Nov - 15:46

POTENTIAL INVESTORS MIGHT AVOID THEIR SHARES LIKE THE PLAGUE.
JUNK STATUS MIGHT INCREASE THE AMOUNT OF INTEEST THEY WILL HAVE TO PAY.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 2 Nov - 16:15

Badboy wrote:POTENTIAL INVESTORS MIGHT AVOID THEIR SHARES LIKE THE PLAGUE.
JUNK STATUS MIGHT INCREASE THE AMOUNT OF INTEEST THEY WILL HAVE TO PAY.

Badboy, I think Tesco will close down many of the smaller Branches , yet again the taxpayer and Investor is going to pay for the greed of Banks and Supermarkets and not one arrest.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 2 Nov - 16:46

Tesco,i see might sell off tesco bank

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 2 Nov - 19:22

Badboy wrote:Tesco,i see might sell off tesco bank

I didn't know Tesco had a Bank, I know the Co-op has.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 2 Nov - 19:29

TESCO'S WAS THINKING OF SETTING UP A BANK WITH BRANCHES IN SUPERMARKETS?

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Re: Tesco suspends Bosses over £250 million profit error

Post  Panda on Sun 2 Nov - 19:44

Badboy wrote:TESCO'S WAS THINKING OF SETTING UP A BANK WITH BRANCHES IN SUPERMARKETS?

The will abandon that idea for sure Badboy....in fact i would be surprised if they were given a Licence because they fiddled the books.

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Re: Tesco suspends Bosses over £250 million profit error

Post  Badboy on Sun 2 Nov - 21:36

TESCO'S BANK HAVE MADE £43MILLION WORTH OF ERRORS.
A SELLOFF COULD RAISE £1BILLION.

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Terry Leahy should know

Post  Panda on Mon 3 Nov - 8:23

http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/11204645/Sir-Terry-Tesco-has-lost-focus-on-its-customers.html?WT.mc_id=e_3654753&WT.tsrc=email&et

He was responsible for the rise and rise of Tesco.

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Re: Tesco suspends Bosses over £250 million profit error

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