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Future of tesco, morrisons

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Comments

  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    2010 wrote: »
    As for online, isn`t this is where it`s costing the big 4 shed loads of money.
    Maybe you should read some articles on how Aldi and Lidl operate.

    Wwell if you had read my posts from further back you would see the COST of online is my major concern. But this question was about convenience, not cost. My local Morrisons is far more convenient and a nicer place to shop than Aldi.There's more space in the car park and shopping aisles, you can get more stuff in one shop, there is a cafe, toilets etc. The Aldi shop has hardware, but some very limited market stuff like horse tack and electric winches, that languishes there getting knocked about until it has to be reduced again and again to shift it...
    Aldi is only about price, lets be honest about it - and yet it isn't always cheaper
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    2010 wrote: »
    Maybe you should read some articles on how Aldi and Lidl operate.
    The problem with that are they are amongst the most secretive companies in the world - which they can only do because they are privately owned by very rich men. So what you have read is mostly what they have decided to tell you. Wheras plc's like Tesco, Sainsburys and Morrisons have to make much more information available, which makes them much easier targets for lazy journalists to dig the dirt on.
    I find it remarkable that the highest concentration of Horsemeat was found in Aldi 'beefburgers', wheras Tesco got all the flack for it. All the supermarkets have had misleading 'Special Offers' but Tesco seems to have got all the flack for that one too. But they do seem to recognise they have an image problem, because for the first time the new Chief Executive is an outsider, not a supermarket man, but a marketing man.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • 2010
    2010 Posts: 5,510 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    Aldi is only about price, lets be honest about it - and yet it isn't always cheaper

    They`re (Aldi, Lidl) perceived as cheaper and as you say it`s only about price but the fact is, that`s what people are looking at ---- prices.
    I, like you, use mostly Morrisons because it`s on my doorstep.
    We do have an Aldi and Lidl but the only time I go there is if there`s a particular offer that`s worth getting.

    Tesco`s new man doesn`t start `til 1st Oct. and you can`t turn a super tanker aroung overnight.
    Until sales improve the share price will drift downwards.
  • 2010
    2010 Posts: 5,510 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    The problem with that are they are amongst the most secretive companies in the world - which they can only do because they are privately owned by very rich men.

    http://www.dailymail.co.uk/money/news/article-2711292/CITY-INTERVIEW-Matthew-Barnes-Roman-Heini-brains-discount-supermarket-Aldi.html
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 7 August 2014 at 12:50PM
    2010 wrote: »
    They`re (Aldi, Lidl) perceived as cheaper and as you say it`s only about price but the fact is, that`s what people are looking at ---- prices.
    I, like you, use mostly Morrisons because it`s on my doorstep.
    We do have an Aldi and Lidl but the only time I go there is if there`s a particular offer that`s worth getting.

    Tesco`s new man doesn`t start `til 1st Oct. and you can`t turn a super tanker aroung overnight.
    Until sales improve the share price will drift downwards.

    As one of the commentators pointed out after the managers of Aldi were given an advertorial puff piece in the Daily Mail (notice they never interview the boss and owner who inherited the business, which seems to impress the Daily Mail more than the boss of Tesco who was able to work his own way up from shelf stacker to top man, and its owned rather more equitably by shareholders)
    Aldi & Lidl have been here for over 20 years. So whats changed. Its the economy. As the gap between rich and poor widens, some (not all) customers are becoming poorer and moving to the discounters, whilst some (not all) are becoming richer and moving to Waitrose. But you won't read that in a political rag like the Daily Mail.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    And as another commentator pointed out, the big grocers can price match or undercut Aldi on their 1500 lines, and make their money on their other 15,000 lines.
    If only they get out of unprofitable areas like online, and give up on other costly inappropriate ideas like Morrisons misty water spray vegetable counters
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • antrobus
    antrobus Posts: 17,386 Forumite
    Glen_Clark wrote: »
    ...If its all about price why are Waitrose doing so well?....

    Free coffee and newspapers.
    Glen_Clark wrote: »
    ....If its about convenience why are Aldi & Lidl doing so well - I cannot see how they are any more convenient than Tesco? They don't do online either.

    Aldi - probably their ads. They really took off in the UK after they started their Like-Like campaign towards the end of 2011. Apparently it has worked so well that ALDI Australia are going to do the same thing.

    Lidl - half price weekends I'd guess.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    antrobus wrote: »
    Aldi - probably their ads. They really took off in the UK after they started their Like-Like campaign


    But thats probably the oldest trick in the book they have all been doing for as long as I can remember. When you are selling thousands of lines you can always cut the price of half a dozen, and then compare those with your competitors.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    Aldi & Lidl have been here for over 20 years. So whats changed. Its the economy. As the gap between rich and poor widens, some (not all) customers are becoming poorer and moving to the discounters, whilst some (not all) are becoming richer and moving to Waitrose. But you won't read that in a political rag like the Daily Mail.

    Aldi vs Tesco. Aldi don't take credit cards and don't run clubcard points and don't offer online ordering. There's the price difference accounted for.

    Sainsburys has teamed up with Netto. So will be able to compete head to head on price.

    Large superstores will still a place in the market. Though in the years to come be less of them.
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