Tescos PROVE that you can make a profit selling jeans for £4!!
#31
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Originally Posted by pslewis
Poppycock ................. levis stopped Tesco selling Levi jeans at the price that they 'could' be sold at ..
You HAVE to admire a company that is able to put a finger up to Levi, source their own very decent jeans and show the Levi buyers as the mugs they are!!
Pete
You HAVE to admire a company that is able to put a finger up to Levi, source their own very decent jeans and show the Levi buyers as the mugs they are!!
Pete
So obviously its great for tesco's business, but we are running into the American WalMart era of our lives
#32
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Originally Posted by suprabeast
so come on admit it then...
"who wears tesco's 4 quid jeans??"
"who wears tesco's 4 quid jeans??"
And very fine I look in them too!!!!!
Pete
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On hearing they made £2bn it does sound outrageous but when on TV last night they said it's only 4% on sales it is not a big amount.
At that rate of return they are on a knife edge of falling into a loss making situation but obviously due to good management and controls they deserve it.
If we had a government in power that could buy and be as efficient in their spending etc then I think we would all be happy
At that rate of return they are on a knife edge of falling into a loss making situation but obviously due to good management and controls they deserve it.
If we had a government in power that could buy and be as efficient in their spending etc then I think we would all be happy
#36
There was a farmer on TV last night ....
If he gets his cabbages ready to sell to Tescos in a certain week in the future, and come that week Tescos decide on a BOGOF for cabbages, then Tescos require him to sell them his cabbages at half price
If that is true, then that really is sharp management and of course not illegal, but no way to run a sustainable business - if they p$ss off all their suppliers they'll have nothing to sell
PS having some lengthy time off work at the moment, I'm doing a lot of the household shopping, mostly at the local Tescos. However, their fruit&veg are desperately overpriced - avocados in Tesco at 72p, just as good ones in the local greengrocer 200 yds down the road at five for 50p. Honest.
If he gets his cabbages ready to sell to Tescos in a certain week in the future, and come that week Tescos decide on a BOGOF for cabbages, then Tescos require him to sell them his cabbages at half price
If that is true, then that really is sharp management and of course not illegal, but no way to run a sustainable business - if they p$ss off all their suppliers they'll have nothing to sell
PS having some lengthy time off work at the moment, I'm doing a lot of the household shopping, mostly at the local Tescos. However, their fruit&veg are desperately overpriced - avocados in Tesco at 72p, just as good ones in the local greengrocer 200 yds down the road at five for 50p. Honest.
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The thing is, Martin, if that supplier doesn't want to sell at the price Tescos demand, there are many more behind him who would be happy to jump into his shoes. At the end of the day it's just market forces determining supply and demand, but it doesn't address the issues of whether this is actually fair or desireable...
#38
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I have no idea whether Tesco are using child labour in Taiwan - but I do know that they seriously screw over all their suppliers in order to be able to sell stuff so cheap. There are other large supermarkets (Sainsburys) out there who operate far more eithcally.
They're really not making their money on th £4 jeans They lure you in with the promise of their 'Price Checks' and then make their money on the none 'price checked' items. If all anyone bought was thier jeans then they'd soon be out of business.
Money or ethics - depends on your priorities really and this life is all about freedom of choice. Good luck to you if you've made money out of them. Personally I avoid them wherever I can.
They're really not making their money on th £4 jeans They lure you in with the promise of their 'Price Checks' and then make their money on the none 'price checked' items. If all anyone bought was thier jeans then they'd soon be out of business.
Money or ethics - depends on your priorities really and this life is all about freedom of choice. Good luck to you if you've made money out of them. Personally I avoid them wherever I can.
#39
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Originally Posted by pslewis
I DO!!!!!!!
And very fine I look in them too!!!!!
Pete
And very fine I look in them too!!!!!
Pete
And I only bought the jeans - then went to ASDA for the rest of my weekly shop
#40
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Originally Posted by pslewis
and T Shirts for £2!!
socks and undies for pennies!!
and then M&S wonder why an out-of-fashion pair of jeans isn't selling for £50!!
Go on TESCO .... let 'em have both barrels!!
I won't even say how many £1,000's their shares have made me, whooooopie!!
Pete
socks and undies for pennies!!
and then M&S wonder why an out-of-fashion pair of jeans isn't selling for £50!!
Go on TESCO .... let 'em have both barrels!!
I won't even say how many £1,000's their shares have made me, whooooopie!!
Pete
........But anyways ........have you checked the quality of said items....its blaady not great.If you do want to go around in suppermarket clothes ...
#41
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Originally Posted by jasey
SO DO I
And I only bought the jeans - then went to ASDA for the rest of my weekly shop
And I only bought the jeans - then went to ASDA for the rest of my weekly shop
#43
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Originally Posted by Drunken Bungle *****
I have no idea whether Tesco are using child labour in Taiwan - but I do know that they seriously screw over all their suppliers in order to be able to sell stuff so cheap. There are other large supermarkets (Sainsburys) out there who operate far more eithcally.
They're really not making their money on th £4 jeans They lure you in with the promise of their 'Price Checks' and then make their money on the none 'price checked' items. If all anyone bought was thier jeans then they'd soon be out of business.
Money or ethics - depends on your priorities really and this life is all about freedom of choice. Good luck to you if you've made money out of them. Personally I avoid them wherever I can.
They're really not making their money on th £4 jeans They lure you in with the promise of their 'Price Checks' and then make their money on the none 'price checked' items. If all anyone bought was thier jeans then they'd soon be out of business.
Money or ethics - depends on your priorities really and this life is all about freedom of choice. Good luck to you if you've made money out of them. Personally I avoid them wherever I can.
#44
Stick to the facts
DBH
As a former Tesco employee and someone who currently works for a major supplier (in fact the second major supplier to Tesco I've worked for) I can categorically state that your insinuation that Tesco operates unethically towards its suppliers is unfounded and, indeed, crap.
This is typical of the sort of response peddled by those who speculate based on rumour and second-hand experiences.
Yes, Tesco negotiates hard and expects a good deal (not just on price but availability, own-label innovation etc), but so do ALL the other big retailers. This is just sound business practice.
The reality is that suppliers frequently benefit from big volumes and, although gross margins may not be enormous, an efficient manufacturer will still make a reasonable living.
Ultimately all suppliers have the option to walk away & deal with other customers.
You've clearly never heard the joke......"what is the difference between a Sainsburys buyer and a terrorist? You can negotiate with a terrorist."
Hugh
As a former Tesco employee and someone who currently works for a major supplier (in fact the second major supplier to Tesco I've worked for) I can categorically state that your insinuation that Tesco operates unethically towards its suppliers is unfounded and, indeed, crap.
This is typical of the sort of response peddled by those who speculate based on rumour and second-hand experiences.
Yes, Tesco negotiates hard and expects a good deal (not just on price but availability, own-label innovation etc), but so do ALL the other big retailers. This is just sound business practice.
The reality is that suppliers frequently benefit from big volumes and, although gross margins may not be enormous, an efficient manufacturer will still make a reasonable living.
Ultimately all suppliers have the option to walk away & deal with other customers.
You've clearly never heard the joke......"what is the difference between a Sainsburys buyer and a terrorist? You can negotiate with a terrorist."
Hugh
#45
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Originally Posted by TelBoy
Yesterday they gained 3.5p, only 5p off the recent high. Over the past two years they've appreciated from about 185p to today's 320p. If that's a stock "losing value" according to your stockbroker, i'd sack them.
Simon
#46
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Originally Posted by Huge
This is typical of the sort of response peddled by those who speculate based on rumour and second-hand experiences.
#47
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Originally Posted by Huge
an efficient manufacturer will still make a reasonable living.
Supermarkets, with their out of town stores and unfair business practices have done more damage to the fabric of our towns, cities, and communities than just about anything else.
#51
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Originally Posted by TelBoy
You follow threads as well as you follow Tory manifestos, Paul
My experience is these "bargains" are never in stock for very long.Just wondered how often the £4 jeans are in stock/in size.
#52
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Originally Posted by paulr
I read the whole thread.
My experience is these "bargains" are never in stock for very long.Just wondered how often the £4 jeans are in stock/in size.
My experience is these "bargains" are never in stock for very long.Just wondered how often the £4 jeans are in stock/in size.
#55
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Originally Posted by TelBoy
Paul, the thread doesn't insinuate that these jeans are Levis. HTH
#56
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Originally Posted by paulr
Oh,you mean those cheapo jeans that look really cack.......my mistake.
He is such a pikey.
LMAO
#57
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Originally Posted by pslewis
I DO!!!!!!!
And very fine I look in them too!!!!!
Pete
And very fine I look in them too!!!!!
Pete
More like Jim Royle in that pair he bought from Twiggy...
Cheers
Kav
#58
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Originally Posted by paulr
Oh,you mean those cheapo jeans that look really cack.......my mistake.
No you wouldn't wear them as your best clobber but for wearing round the house why spend 50 quid on a pair of Levis?
#60
Originally Posted by Huge
DBH
As a former Tesco employee and someone who currently works for a major supplier (in fact the second major supplier to Tesco I've worked for) I can categorically state that your insinuation that Tesco operates unethically towards its suppliers is unfounded and, indeed, crap.
As a former Tesco employee and someone who currently works for a major supplier (in fact the second major supplier to Tesco I've worked for) I can categorically state that your insinuation that Tesco operates unethically towards its suppliers is unfounded and, indeed, crap.
Having also worked in the trade, I can categorically state that Tesco dictate to certain suppliers, the price that they (the suppliers) are to sell their product to Tesco’s. There is no negotiation.
There are four or five big “Dairies” in the UK, Arla and Robert Wiseman being two of them, supplying mainly milk and other associated products. Tesco certainly used to tell them what the price would be for the products. They in turn told the farmers how much they are prepared to pay for their product.
The big supermarkets have been screwing the UK farming industry for years.
How much profit is too much profit? Or is their no limit? BP, Shell, Barclays, Llloyds etc. We all buy some of their products? Are we being royally screwed over? Or paying a fair price?