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MSE News: Revealed: The true extent of Tesco's 'Big Price Drop'

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  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Simple solution, go to Asda, yes they may be evil too, but slightly lessor so...
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • zorgan
    zorgan Posts: 60 Forumite
    I hear Tesco are going to be selling cars soon?

    what on earth is happening to our supermarkets, they are becoming too big. the local butcher / fish monger / baker is going out of business because of these guys.

    http://www.tescocars.com/
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 December 2011 at 1:27AM
    Percy1983, re Asda, go and read about the underlying company name, Wamart. Then think about whether you consider it to be more or less evil than Tesco. Walmart s renowned for shipping jobs overseas, poor treatment of staff and firing anyone who even looks like a potential union member and that seems to have an effect on the UK operation as well, in spite of the laws here.

    I'm not generally keen on boycotting vendors but that's one I won't use.
  • KellyB
    KellyB Posts: 115 Forumite
    Part of the Furniture Combo Breaker
    jamesd wrote: »
    Percy1983, re Asda, go and read about the underlying company name, Wamart. Then think about whether you consider it to be more or less evil than Tesco. Walmart s renowned for shipping jobs overseas, poor treatment of staff and firing anyone who even looks like a potential union member and that seems to have an effect on the UK operation as well, in spite of the laws here.

    I'm not generally keen on boycotting vendors but that's one I won't use.

    Absolute rubbish! If anything, you're encouraged to join a Union, in the UK, at least!
  • oldvicar
    oldvicar Posts: 1,088 Forumite
    Concerning the Big Price Flop, I believe that Damp Squibs are £3.97 on B1G2F this week. (They used to be £1.99 on BOGOF, and double points).

    Concerning the article, did Martin really quote the specific examples of restaurants and days out to illustrate a typical three times value? Not keeping up with Tesco's price changes of an alleged 4X value :)
    Martin Lewis, MoneySavingExpert.com creator, says: "This data indicates a price cut of 2.5%, but remember that comes at the cost of losing Clubcard points worth 1% back when redeemed in-store.
    "However, those Clubcard chasers who lust after points deliberately to covert them into Clubcard Rewards to spend on restaurants, days out and more are losing out by even more.

    "This is because points are typically worth three times their value when redeemed on those items, so that's 3% back
  • VoucherMan
    VoucherMan Posts: 2,798 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Set your video for 12 months from now for the next documentary when, no doubt, nothing has changed because the OFT can't/can't be bothered/doesn't want to do anything about it.

    From a strictly selfish point of view I say Long Live The Supermarket Rip-offs.

    So long as people are willing to pay these prices it will make bargain hunting more profitable for those who can/do.
    In the unlikely event that there was a clamp down and the supermarkets could not wriggle out of it then bargain hunting would become much harder and less profitable for the rest of us.
  • zorgan wrote: »
    I hear Tesco are going to be selling cars soon?

    what on earth is happening to our supermarkets, they are becoming too big. the local butcher / fish monger / baker is going out of business because of these guys.

    http://www.tescocars.com/

    What's the deal there then? A free car with every 10 litres of fuel but £20,000 postage and packing?
    If that seems a tad sarcastic, you got it right :)
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    KellyB wrote: »
    Absolute rubbish! If anything, you're encouraged to join a Union, in the UK, at least!
    Even in the UK Walmart's Asda property has offered union members a pay raise to leave a collective bargaining agreement. I suggest you learn a bit more about the non-UK part of the company. You might start with:

    No Union Please, We're Wal-Mart "Management began holding mandatory anti-union meetings and issuing dire warnings about the future of the store. ... Wal-Mart's abandonment of this north Quebec outpost in the spring of 2005 made news from Tokyo to São Paulo as an object lesson in the lengths to which America's largest company will go to throttle the threat of unionization. Wal-Mart closed its store here a few months after it was certified by the Quebec government as the only unionized Wal-Mart in North America."

    and move on to:

    Union once again looking to organize Wal-Mart workers "the retailer is notorious for the lengths it will go to keep organized labor out of its stores. When meat cutters at a Texas store voted to unionize a decade ago, the company responded by eliminating meat cutters from 180 stores in six states. ... less dramatic tactics are the backbone of Wal-Mart’s crusade to keep unions out of its stores, as documented in a 2007 report by Human Rights Watch. Managers are given extensive training in union prevention techniques. New workers are required to watch anti-union videos. There is a union hotline that managers are directed to call at the first hint of organizing so that advice can be dispensed directly from the corporate headquarters"

    It's well known as a company that is vehemently anti-union and that sort of conduct is unremarkable for the company. In most of the world you can expect it to look to fire anyone suspected of trying to encourage other employees to join a union. Closing a whole store or eliminating everyone doing a particular job in a given region is just anti-union business as usual for the firm.

    That sort of conduct means that I'm not going to act in a way that will put money into the firm's bank accounts. That includes its UK property, where it gets pretty high marks for employee satisfaction. If the rest of the company did as well it might not have such an atrocious reputation.
  • isayoldchap
    isayoldchap Posts: 1,263 Forumite
    Part of the Furniture Combo Breaker
    edited 6 December 2011 at 9:17AM
    amandada wrote: »
    No surprise there. I worked for a while for Tesco, doing what they called File Maintenance Control (FMC). The main part of the job was making sure the prices on the shelf edges were correct and that items went through the tills at the correct price.
    All the price increases had done 1st thing in the morning before the store opened and I can guarantee that for every 1 price decrease there were at least 2 increases...every single week


    Just as I thought.
    I love it when supermarkets tell us they have reduced 3000 prices.
    This advertising is legally allowed.Maybe they should be forced to legally tell us when they have made 10000 price increases
    Advertising standards!Were here to help.Every little helps ....

    Tesco sliced basic cheese was 59p (not an offer)then £1.14 now £1.49
    There is a new chairman at Tesco.http://www.tescoplc.com/2111
    They realise customers are savvy now and while some will not use them anymore the higher prices will compensate
    to give them healthy profits still to satisfy the shareholders.
  • VfM4meplse
    VfM4meplse Posts: 34,269 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    If the supermarkets are winning it's because were either too stupid or lazy to do some simple maths in our head whilst we're there. There is not one thing in my supermarket basket I couldn't live w/o, if I thought bread or milk were too pricey I would walk away and eat something else that week.

    I think that guy with the app on the Ultimate Guide to Pennypinching probably had the right idea!
    Value-for-money-for-me-puhleeze!

    "No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio

    Hope is not a strategy :D...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!
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