Tesco to cut prices in 11 Stores-Why not all the Tesco Stores!

[Swallows]

Hi, the Carrick-On-Shannon branch of Tesco was closed for two days to reorder their store and to 'drop prices' which they have done. A tin of Whiskas cat food which was previously over 90 cents is now 70 cent. There are a lot of items dropped by 50 cents or more. They have introduced new brands as well. They are still not able to match Asda in terms of choice though.

Many people go North not just for Asda alone. They go for other shopping as well. For instance at Enniskillen you have Tesco and Asda together so you can hop between the two. You have the Erneside shopping centre with M&S, Argos. Dunnes Stores a short walk away.The high Street with all the shops along there. This is for us people who are not within travelling distance of Dublin.

I think if someone with vision was to build a shopping centre our side of the border, at Blacklion for instance, they would make a fortune.

 

[mcaul]

My guess is Tesco are planning another batch of stores over the next couple of weeks - Tesco in Newbridge were out of quite a lot of stuff yesterday, even basic items such as mixers, (all brands incl Tesco, schweppes, Club & fnches) certain biscuits, tins etc.

If Irish goods are affected badly, I'd be disapointed.

 

[Protocol]

The EU code in the little oval only indicates the last point in the production chain - the cheese may be genuine Wexford cheddar that was packed in the UK. Similarly, you will find genuine Italian and Spanish foods for sale in Aldi & Lidl with DE in the little oval, as they were packed in Germany.

Fair enough.

Though it seems a great waste to pull milk out of cows in Wexford, turn it into cheese, ship it to the UK, pack it, and then ship it back here for sale.

 

[Bronte]

Fair enough.

Though it seems a great waste to pull milk out of cowsin Wexford, turn it into cheese, ship it to the UK, pack it, and then ship it back here for sale.

Well there must be a reason for doing so, maybe it's cheaper to process in the UK or there is some tax advantage.

I consider that if the milk comes from Wexford cows then it is Wexford cheese. I buy Kerrygold butter abroad (one of the top Irish branded goods sold worldwide) but I know that while the butter comes from Ireland the packaging is done abroad, but maybe it's not butter from Ireland.............

To understand why Tesco is reducing the prices in some stores, one has to understand how they think, they are not reducing the prices for consumers, this has to be about market share.

 

[Celtwytch]

Anybody know the tesco stores in question that are reducing their prices!

From Tesco's website:

Stores involved are at Bailieborough, Ballinamore, Cavan, Carrick on Shannon, Dundalk (x 2), Drogheda (x2), Letterkenny, Monaghan and Sligo.

 

[Askar]

According to last Sunday Times and to-days Irish Times they operate at 50% higher profit marins in ROI compared with UK stores (9.3% compared to 6%). Even with the smoke and mirrors of recent price cuts they are expecting to improve this operating profit margin.

The Sunday Times also pointed out that the 'irish' factor was important for consumers. I think this is what Dunnes exploits; but as a small economy with a relatively tiny consumer population, you would think that our producers would be looking to exploit their comparative production advantage to supply such international retailers as Tescos, Lidl and Aldi - much as the New Zealanders did back in the 80s when they stopped the subsidy culture.