Well, someone's still making a lot of money: Tesco rake in £3bn

Discussion in 'Current Events' started by edesignuk, Apr 21, 2009.

  1. edesignuk Moderator emeritus

    edesignuk

    Joined:
    Mar 25, 2002
    Location:
    London, England
    #1
    BBC.

    10% up on last year :eek:
     
  2. sammich macrumors 601

    sammich

    Joined:
    Sep 26, 2006
    Location:
    Sarcasmville.
    #2
    I think well managed/well positioned Supermarkets will fare very well through this economics crisis. The Australia supermarket group, Woolworths, announced a couple of months ago they were going to hire an extra 7000 jobs over the next year.

    Crisis or not, people still need groceries.

    http://www.news.com.au/adelaidenow/story/0,22606,25346213-913,00.html
     
  3. edesignuk thread starter Moderator emeritus

    edesignuk

    Joined:
    Mar 25, 2002
    Location:
    London, England
    #3
    heh, our Woolworths went bankrupt :(
     
  4. MOFS macrumors 65816

    MOFS

    Joined:
    Feb 27, 2003
    Location:
    Durham, UK
    #4
    In truthe probably because of the supermarkets and Wilkinson's.
     
  5. nick9191 macrumors 68040

    Joined:
    Feb 17, 2008
    Location:
    Britain
    #5
    People have it in their heads that Tesco's is cheap, so they stop shopping where they normally shop and go to Tesco's instead. They fail to realise that most of the stuff Tesco's sell can be found cheaper elsewhere.
     
  6. iJohnHenry macrumors P6

    iJohnHenry

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    Mar 22, 2008
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    On tenterhooks
    #6
    Oh average, consumers are somewhat thick, and forget/don't-know-about bait and switch.

    And lazy, OMG!! :p
     
  7. Abstract macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location Location
    #7
    I never thought Tesco's was cheap.


    However, that never stopped me from shopping wherever was most convenient. There was a Safeway "close by", say 40 minute walk up a hill, or 10 minute bus ride up the same hill. However, I have literally worked beside a Sainsbury on two separate occasions (one near Finchley Rd Station, the other at Camden tube station), so that's where I shopped at the time. Another time, I lived near a Safeway and Tescos. Tescos was closer and in an area with less traffic (I walked), so that's where I went. Why travel out of the way to save two quid? :confused:

    There must be a lot of people who shop at Tescos only because they're everywhere. I don't think it's because they're cheap.
     

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