Lot of stuff in the papers lately about Tescos making less profit.
I am really surprised most of the commentary on it seems only to focus on pricing of goods and there is so little speculation on the behaviour of the company causing it to sabotage itself with the public. I am thinking of such things as:
- In Bristol a new Tesco convienicnce store was stoned by the public in Stokes Croft, as they feared it would force other shops to close.
- A friend in Sheffield tells me the local community as spent something like 8 years trying to stop Tesco building a local convenience store. Tescos has still not given up appealing.
- In my area, all of the local 'corner' shops have been owned by Tesco for some years, meaning a car trip of 10 mins one way (or longer by other means), just to not shop in Tesco as they own the whole area.
- Tesco buying a rank of shops, getting the traders and locals on side by promising massive revamps of the area, then not bothering to do anything when the purchase went through.
- Using WorkFare people at no wage. Zero hours contracts.
- Bradley Stoke, the biggest housing development in Europe at the time, not having a Town Centre for over 8 years as Tescos owned the land for the 'town centre' and allegedly refused to let anything build unless they got the mega store they wanted for themselves first - so they waited it out, for years. The Tesco centre is now built and consists entirely of a huge Tesco and some much smaller chain units with no 'local independents' at all having space there at all that I can see.
- A Co-op local finally opening in my area, which is more expensive to buy from than the Tesco yards down the road. When I first went in I said to the chap at the till, I am so pleased I don't have to use Tesco now and him saying (having worked for Tescos himself at one time) he was staggered at the number of people who had come in and said the same thing. He also said Co-Op were the best employer in retail he had worked for, out of many.
So I can see Tesco pricing must be an issue for many of us especially as wages/spare money are effectively dropping for huge numbers of us, but I cant help but wonder how much of the attitude towards Tescos are the unmentioned 'social issues' of communities and individuals feeling Tesco is hostile to local communities and shopping areas and this is being under rated.
So, am I right or wrong? Whats it like in your area?