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Old 05-06-2014, 08:43   #56
Maggy
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Re: Tesco to cut price of milk

Quote:
Originally Posted by denphone View Post
Tesco decline 'worst in 40 years'

http://news.uk.msn.com/uk/tesco-decl...-in-40-years-2

Its going to take a fair while to turn this ship around as they have totally underestimated the discounters in these last few years.
What goes around comes around.

30 years ago Tesco's shut down all of their outlets in my town and the next town. I had to travel miles if I wanted to use a Tesco which at the time was my favourite supermarket...However Asda,Safeways(Morrisons) Waitrose and the Co-op were able to set up in the area instead.Lidl,Aldi and B&M arrived even later.

Now Tesco have come slinking back into the area having built two huge supermarket as well as a few of the express shops and they are hardly used.Indeed one of their hypermarkets is going to close..IF they had kept a toe in the door so to speak maybe they would have more of a share of the local trade than they can generate in competition to all the other supermarkets that saw an opportunity in my locale and exploited it.
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