Tesco goes into administration

[Liability]

Actually, a large drop in Tesco business for last year was reported today in the media, and the reason is competition from the lower-end supermarkets. They may not go bust, but they are certainly suffering.

the suggestion of Tesco going bust is mindless. Have you see the balance sheet and assets? They are at the top of their game so growth and all is limited. What they need to do now is find out what they need to do and why are customers going back to Sainsburys, Asda and Morrisons.

I must admit I prefer Sainsburys and Asda over Tesco's - plus having known a buyer from a super market and the lengths they went and go to to get suppliers to sell to them at cost / loss - Id rather shop at a place that I know doesnt do that.

[Cyberman]

the suggestion of Tesco going bust is mindless. Have you see the balance sheet and assets? They are at the top of their game so growth and all is limited. What they need to do now is find out what they need to do and why are customers going back to Sainsburys, Asda and Morrisons.

I must admit I prefer Sainsburys and Asda over Tesco's - plus having known a buyer from a super market and the lengths they went and go to to get suppliers to sell to them at cost / loss - Id rather shop at a place that I know doesnt do that.

I'm not suggesting that they will go bust.

[Sysman]

A Poundland opened up near me in a posh part of town some weeks ago, but it transpired that they were only going to be open over Christmas.

Like Oxford Street in the early 1990s. It was full of tat clothes shops who were just renting for a few weeks at a time. We assumed it was all bankrupt stock, that had been bought at auction.

[BrilloPad]

Threaded is Ian Beale and I claim my free jumbo sausage.

Who is Ian Beale?

[Cyberman]

Who is Ian Beale?

You obviously do not watch Eastenders.

[BrilloPad]

You obviously do not watch Eastenders.

ahhhh. i c. I thought the name was familiar!

[bobhope]

Who is Ian Beale?

Count yourself lucky you don't know who this is.

[threaded]

Actually, a large drop in Tesco business for last year was reported today in the media, and the reason is competition from the lower-end supermarkets. They may not go bust, but they are certainly suffering.

Tescos drop is not because of that. Learn to read the company doco. Then you won't look so silly repeating some PR bunnie's bulltulip, like the lazy journos in the rags.