Tesco now are like Asda in mid 1990s. Walmart used Asda profits to fund expansion elsewhere: Asda UK stagnated with highish prices and grotty stores.
Tesco are using UK profits to fund losses in US and expansion elsewhere.. Prices are uninspiring and stores dull and uninteresting.
And their Christmas "price drop" was cynical exploitation as after it they were still expensive.
They have lost the trust of many UK shoppers: takes years to regain it.
Personally they deserve to lose much more market share: and will.
We rarely shop there and only for little value.
Last edited by: madf on Wed 4 Apr 12 at 08:49
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