Tesco misprice discussion area part 17

ginjim

i wonder if it has anything to do with the fall in profits.
TE used to come on here and boast profits were up by so many % but have just read the financial section and see that tescos isnt performing as well as its expected and the market share is getting smaller and competition is growing

spa2k

ginjim wrote:

i wonder if it has anything to do with the fall in profits.
TE used to come on here and boast profits were up by so many % but have just read the financial section and see that tescos isnt performing as well as its expected and the market share is getting smaller and competition is growing

So far this year Tesco market share has risen to 30.6% of the market

source http://news.bbc.co.uk/1/hi/business/4694974.stm

whilst the last trading quarter was once again strong...

Supermarket giant Tesco has reported strong sales growth over the Christmas and New Year period. Like-for-like sales, which exclude the impact of new store openings, jumped 5.7% in the seven weeks to 7 January.

Sales are still on track to certainly meet and probably exceed city expectations.


I would be interested to know which financial section you are reading ginjim - if its the wall street journal or the FT then i bow down to your superiour sources!!!:p

What is interesting is that Tesco market share is almost twice that of Asda, the nearest competitor....probably something that the competition commission will be investigating!

Eupho

Crikey.. ive just looked at the store location thing.. and there are more tescos nearer to me that I thought. Sooo the kids (womble extrodinaires!) and I are off for a jaunt to some of them.. Ive made a list or R+Rs to have a look at. I shall report back later.. :rotfl: Thankyooo :beer:

Donnylover

Quote:
Originally Posted by BikBox
Am i right in believing that offers which expire on a given date will automatically go up in price at midnight on the following morning........do you know what i mean?

ie a jar of coffe is reduce from 5.99 to 3.49 and the sel expires on 1/1/99. If i was in the store at 1 minute to midnight on the 1/1/99 and scanned this item at 1 minute past midnight, would it scan at the full price?

Therefore creating a misprice?

Constantine wrote:

No. That wont work. If it was like that, Midnight would be the busiest time in every store :rolleyes:

Sorry to correct you Constantine but that was always the way it worked in my store. I worked the night shift on C.S.D. and the offers always expired midnight Tuesday. The idea is that each department will remove any ending offer sel's during the Tuesday. If we had time we would do a quick flick round the store b4 midnight to make sure they had all gone. But it would revert to normal pricing at midnight or shortly after. And yes - full refund on mis price.

bex77_2

Hi New to site and reading up, so apart from the coke at the mo are there any other great grabs to be had????

Winjackie

Eupho wrote:

Crikey.. ive just looked at the store location thing.. and there are more tescos nearer to me that I thought. Sooo the kids (womble extrodinaires!) and I are off for a jaunt to some of them.. Ive made a list or R+Rs to have a look at. I shall report back later.. :rotfl: Thankyooo :beer:

Good Luck

spa2k

Donnylover wrote:

Sorry to correct you Constantine but that was always the way it worked in my store. I worked the night shift on C.S.D. and the offers always expired midnight Tuesday. The idea is that each department will remove any ending offer sel's during the Tuesday. If we had time we would do a quick flick round the store b4 midnight to make sure they had all gone. But it would revert to normal pricing at midnight or shortly after. And yes - full refund on mis price.

Sorry to correct you donnylover but it is not the way it works any more. The offers do not expire dead on 12am, the increases also do not happen dead on 12am. The way that it works is that a central department (PI) change all the labels, not each individual department. In this instance Constantine is correct.

spa2k

bex77 wrote:

Hi New to site and reading up, so apart from the coke at the mo are there any other great grabs to be had????

the best place to look would probably be the misprices thread, http://forums.moneysavingexpert.com/showthread.html?t=330596

mystic_peg

double_d77 wrote:

How do you know the policy is changing have you seen it somewhere??

Dave

They started taking boards down today. new policies with effect from this monday.

top_banana

Not noticed this today in the 4 stores I visited. In fact, they are showing the policy information in more places than before.

All checkouts, electrical, books, clothing, even on revolving doors at the entrance I have seen these today!

Hope that is not the case though...................................

I get the usual banter from CS that ' the policy is changing very soon.. ' but that has been going on for the last 3 months!
This week I have even been told by CS that there is a scam going around where people are printing off their own labels to claim r&r !!

Wait and see off to mr T monday morning