Tesco misprice discussion area part 11

PeteM

shoperholicnot wrote:

and maybe a spot of free intimadation!

And we all have a few stores that we can suggest you'd be guaranteed to get that from

cheekymole

MyUserNamesTaken wrote:

You're asking the wrong person, Cheekymole. I can't answer for KK. Sorry.

Sorry, the question wasn't necessarily aimed at you MyUserNamesTaken.
Just a general question in hope that KK reads this board

Bookworm63

cheekymole wrote:

I personally think it should be him contacting me to apologise for the way I and others have been treated over the past couple of weeks. If he can contact one then why not others?

But wasn't yours a more informal local ban? Do you know that KK knows your predicament?

Hope you get it sorted soon.

Clasics

Googlies wrote:

How on earth are these items "illegally mispriced" ?

Come on, keep up. :rolleyes: If the price on the shelf is less than the price on the pack and it goes through the checkout at the higher price, an offence has been committed. Ask B&Q if that's true (It did cost them rather a lot of cash a few years ago).

cheekymole

Bookworm63 wrote:

But wasn't yours a more informal local ban? Do you know that KK knows your predicament?

Hope you get it sorted soon.

No, mine was letter from HO signed by KK himself, so yes he knows all about it!!!!

shoperholicnot

cheekymole wrote:

Just a general question in hope that KK reads this board

I would not be surprised at all if he does

mcdonag

taxiphil wrote:

Just thought you'd all like to know, today Kevin Kelly phoned me to say my nationwide ban has been overturned, and we have our Clubcard points back. Very pleased with this outcome.

Since my post yesterday, quite a number of people have contacted me about their bans, and Kevin Kelly was concerned to hear that other people have told me they've been banned for R+Ring. He states that it's not Tesco policy to ban someone because of their R+Ring. So, if you've recently been banned because of your R+Ring please can you contact Kevin Kelly and hopefully he'll look into it.

But please also contact me about it, if you haven't done so already, as I urgently need to put you in touch with someone who's investigating Tesco bans for (allegedly) R+Ring.

Thanks!

Bl@@dy Hell Taxi,

Took yer time telling us that didn't you.

I had a miserable time yesterday and was looking for a pick me up.

Never mind, crikey. Well done you. I hope KK offered an out of court settlement? Double points for a year on all purchases?

Ye Haarrrr, the stalls are back open. So pleased for you and yer OH. Post yer wedding list and I will see what I can get you.

Obviously got their legal department onto it and they must have come to the conclusion that R&R'ing is not against the law. Just what we are trying to tell everyone.

bagand96

Schamansky wrote:

Thank you. That's where I arrive at.

As long as the SEL states 1.00, only 1.00 can (legally) be charged, no matter what book value is put down in Tesco's inventory accounts.

Everything charged higher at the checkouts - though in accordance with inventory data - bumps up the real profit margin on the item. This extra money enters the company's financial accounts via the checkout.

It does not matter that it is - wrongly - counterbalanced by a higher inventory book value. As long as the SEL is wrong, the legal inventory value is still 1.00, not 1.05.

It is correct that no profit shows up in the accounts: because of the overevaluation of stock due to a mispriced SEL.

An additional profit of 5p is made - extra 5p have entered the company - and it has been made where it should not have been made. It just gets ghosted in a higher inventory value, and that's where it vanishes.

Till (equals overvalued inventory value) versus SEL (equals real value).

I'm not talking dodgy booking tricks at all, by the way. Not the accountants cause the error, but the person who messed up on the shelf label.

At the end, Tesco is 5p richer than it should legally be.
Unless the customer spots it and RnRs, then they're 1.05 down.

The thing is what I am trying to get across is that whatever the SEL says, the inventory value would be 1.05p. All of the Tesco systems would have that product in as 1.05. If Tesco were to do a stock take, it would be counted as 1.05, if they were to waste some of those products it would count as 1.05/unit against the store.

Tesco were always going to sell that item at 1.05 on that day, and were always going to make 45p profit. The fact that the SEL says £1.00 doesn't mean the tills are overvaluing it, means the SEL is undervaluing it. When the buyers increase the price then that extra profit has been forecast. So when the extra 5p goes through the tils it has already been acounted for. The buyers aren't to know that Joe Bloggs in Price Integrity is a lazy ****.

I am not disagreeing that if the SEL says £1.00 then Tesco can only legally sell the item for £1.00.

I just don't think Tesco's profits are inflated by it. Its the same when there are undercharges Tesco don't loose any money.

*Tony*_2

taxiphil wrote:

Just thought you'd all like to know, today Kevin Kelly phoned me to say my nationwide ban has been overturned, and we have our Clubcard points back. Very pleased with this outcome.

Since my post yesterday, quite a number of people have contacted me about their bans, and Kevin Kelly was concerned to hear that other people have told me they've been banned for R+Ring. He states that it's not Tesco policy to ban someone because of their R+Ring. So, if you've recently been banned because of your R+Ring please can you contact Kevin Kelly and hopefully he'll look into it.

But please also contact me about it, if you haven't done so already, as I urgently need to put you in touch with someone who's investigating Tesco bans for (allegedly) R+Ring.

Thanks!

OK, call me Mr Suspicious about this gracious offer from Mr Kelly. Whats going through my mind are a couple of thoughts on this ... first of all if Mr Kelly wanted to find out how many people have been banned at a local level that HO have never heard about, this is an excellent way for him to collect the names and addresses (and tie them to the clubcard info) of people who can then have their spending patterns looked at. If he then can see who spends a lot in many different stores, and can then tie that info backwards to R+R refunds in that store on the same day, maybe even collect CCTV footage if its recent enough and still stored. A golden opportunity to collect a lot of the people who they are missing right now because they are below the radar and all they had to do was create a stink in banning you, removing your cards, and then reinstating them.... letting you then go back to the forum to offer the good news and prompt us to mail him with our details. Of course having done that, it wouldnt be too much to then go and look at other large figure R+R events at other stores nearby based on timeframes to travel.... which might show on CCTV the same person and a different name given for the refund.

Yeah I am maybe paranoid, or maybe I give them more credit than they deserve this time I cant help thinking that a little more effort in making sure the price / deal on the shelf matched the one on the computer that charges people at the tills might be the real answer. Human error with SELs at store level is actually more likely to be caused by too little time to complete too many tasks based on too many price changes, that can also be helped by not moving prices up and down quite so often... imagine that, a price being constant for a few weeks at a time instead of changing several times over that period

halojones

Hey_Dude wrote:

My only worry is that you have been 'turned' by the Tesco Militia and recruited as an under-the-cover-agent to collate details of regular R&Rers and encourage these comrades to unknowingly confess to the Tesco Truth Police.



Well done - enjoy your consoles & the points on your forthcoming nuptials!

Duder

Well done Taxi Phil:T

And Duder, love the sence of humour:p