Author Topic: Tesco latest  (Read 17399 times)

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Offline villan

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Re: Tesco latest
« Reply #15 on: October 09, 2014, 11:40:22 AM »
Clearly the people of Moseley have not been blinkered by the false promises of Tesco.... http://www.birminghammail.co.uk/news/midlands-news/st-marys-row-moseley-ms-7905399

Offline Dave

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Re: Tesco latest
« Reply #16 on: October 19, 2014, 02:02:41 PM »
Mmmmmh, interesting.
It's not looking good for Stirchley!

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11154818/Tesco-scraps-Margate-megastore-as-shoppers-spurn-weekly-food-shop.html

Tesco scraps Margate megastore as shoppers spurn weekly food shop
After years of campaigning for planning permission, the supermarket giant has ditched plans for a superstore on the Kent seafront

By Elizabeth Anderson, Business Reporter6:29PM BST 10 Oct 2014

Tesco has abandoned plans to build a new superstore on Margate seafront, as convenience stores and the internet continue to lure shoppers away from large out-of-town stores.
The UK’s largest grocer had fought for five years to get planning permission at the site next to Dreamland theme park. Approval was finally given by the Government in June 2013.
However, Tesco has now performed a U-turn on its plans for a 82,000sq ft store. “We are reducing the number of large stores we open each year as a result of changing customer shopping habits. After careful consideration we have therefore decided not to pursue a new large store in Margate,” the firm said in a statement.
Tesco has written to the site’s owner, Freshwater Developments, to end the contract.
The superstore had been the subject of controversy for some years. A Facebook group set up to campaign against the proposals said residents were concerned about the level of traffic that would come with a superstore “as big as two football pitches” .

Offline stirchleyOAP

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Re: Tesco latest
« Reply #17 on: October 23, 2014, 01:42:59 PM »
Tesco in a right mess with massive fall in profits and disliked by a community. http://www.itv.com/news/anglia/2014-10-23/tesco-in-sheringham-one-year-on/

Will it be the same in Stirchley?

Offline Dave

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Re: Tesco latest
« Reply #18 on: October 23, 2014, 08:52:51 PM »
Spiral of descent?

http://www.kentonline.co.uk/kent-business/county-news/fears-for-tesco-plans-after-25781/

Tesco profits fall of 92% prompts questions over plans to build supermarket in Lowfield Street, Dartford, after pulling out of other Kent schemes.

by Chris Pricecprice@thekmgroup.co.uk

More questions have been raised about Tesco’s commitment to a major town centre regeneration project after it announced a 92% fall in profits today.

It raises concerns over proposals for an 86,000 sq ft store in Dartford’s Lowfield Street, which it fought for 11 years to obtain planning permission for, granted in September last year.

The company scrapped plans for more than 100 stores nationally last year, including proposals for a Tesco Extra as part of the planned redevelopment of Sittingbourne town centre.

Offline Kwacky

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Re: Tesco latest
« Reply #19 on: October 24, 2014, 08:56:34 AM »
You have to wonder if Tesco have only themselves to blame.  They appear to have done their best to upset the local population at a number of locations up and down the country. 

Offline Dave

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Re: Tesco latest
« Reply #20 on: December 10, 2014, 10:48:19 AM »
Update:

Is Stirchley next??

http://www.dailymail.co.uk/news/article-2867809/Struggling-Tesco-shelves-plans-100-superstores-bosses-issue-profit-warning.html

Struggling Tesco shelves plans for 100 superstores after bosses issue another profit warning
Firm said profits for financial year likely to be under £1.4bn, down 60%
Some planned supermarket sites will be offered up as housing estates
They were hard-won by the retail giant, often after battles with residents.

By SEAN POULTER, CONSUMER AFFAIRS EDITOR FOR THE DAILY MAIL
PUBLISHED: 00:18, 10 December 2014

Tesco is abandoning dozens of supermarket building projects across Britain as it attempts to halt a dramatic slide in fortunes.
The firm is cancelling more than 100 planned superstores and mothballing two schemes in East Anglia as bosses announced yet another profits warning yesterday.
The grocer said profits for the financial year are likely to be under £1.4billion – down 60 per cent on £3.3billion the year before.  (click on link above to continue)











Offline Dave

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Re: Tesco latest
« Reply #21 on: January 08, 2015, 09:01:43 AM »
It's not getting any better!

http://www.bbc.co.uk/news/business-30712762

By Joe Miller
Business reporter

The beleaguered supermarket Tesco has said it will close 43 unprofitable stores across the UK - a "significant proportion" of which will be local convenience shops.

The firm is also shelving plans to open a further 49 new "very large" stores.

(click on link above to continue)


Offline breakaleg

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Re: Tesco latest
« Reply #22 on: January 08, 2015, 11:12:31 AM »
Latest update to Stirchley Neighbourhood Forum.

(CEO Dave Lewis said:
“We’ve carefully reviewed our large store plans across the country and we continue to believe our planned store in Stirchley will provide a valued service to the local community. The new store will provide a great shopping experience as well as bringing new jobs and investment to the area. We’re not yet ready to confirm an opening date but we’ll keep the community closely updated.”)

Peter Walker
SNF

Offline Mick Jones

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Re: Tesco latest
« Reply #23 on: January 08, 2015, 03:40:31 PM »
This is a statement from Councillor Timothy Huxtable, with reference to the Tesco anouncement

"While I am pleased that Tesco still states it is their intention to develop their supermarket in Stirchley, I am extremely disappointed that they have not taken the opportunity to clarify when it is to be developed.
 
It is also extremely disappointing that several small to medium sized businesses in Stirchley have been forced to relocate/close when there appears to have been no immediate need for their relocation/closure
 
What Stirchley residents and businesses are looking for is the certainty of when the development will start and the store will open. This letter does not provide this certainty and thus condemns the Hazelwell Lane development site, at the heart of Stirchley Village and Local Centre, to further blight and dereliction in at least the short to medium term.
 
I have today called on Tesco to provide, as a matter of urgency, a timescale for the development of their supermarket in Stirchley and the much needed inward investment and job creation that their supermarket will bring to Stirchley".
www.stirchley.co.uk

Offline villan

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Re: Tesco latest
« Reply #24 on: January 08, 2015, 09:52:12 PM »
They should give a date to start or clear off and let someone else develop the site.

Offline Stirch

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Re: Tesco latest
« Reply #25 on: January 08, 2015, 11:28:11 PM »
My 'favourite' quotes from Dave Lewis' letter:

"...we know that many people are keenly anticipating the opening."

Please point them out, Mr. Lewis. If you're not prepared to commit to a figure (because committing to anything concrete appears to be so very difficult for your company), when you say 'many', how many fingers can we count them on?

"We’re not yet ready to confirm an opening date....”

No plop, Sherlock. Not like we've ever had any mucking around with your planned opening dates before.

This seems to have become a laughable political battle of wills of Tesco digging in against Co-op, all at the expense of the local community. Go home Tesco, you're drunk.




Offline Jon Price

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Re: Tesco latest
« Reply #26 on: January 09, 2015, 06:01:31 AM »
It has to be seen as a positive that the plug hasn't been pulled on the development. I agree with Mick the area is and will be for the short to medium term be a complete eyesore, but the site is slowly being cleared which is a good thing from a business point of view.
We can all jump on the bashing Tesco bandwagon but this business is to be here for the long haul and not short term. Where does this leave the Asda bid in Fordhouse Lane? One of the arguments against this was that there would be three supermarkets in close proximity. Land still empty and no further developments!

Offline JPitcock

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Re: Tesco latest
« Reply #27 on: January 09, 2015, 02:21:23 PM »
If the Council hadn't rejected Asda's application, to build off Fordhouse Lane, in 2002: it would have been open over a decade ago. (A re-application was also rejected three years ago). Both the potential Asda and Tesco sites remain an eyesore, we still have no proper supermarket within easy walking distance and Stirchley continues to be run-down.

Offline Dave

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Re: Tesco latest
« Reply #28 on: January 09, 2015, 04:00:46 PM »
The company is in freefall with customers confidence at an all time low so does anyone really believe that a turnaround and not a further descent will happen?

Expect another announcement that more 'projects' face the axe!

Offline Kwacky

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Re: Tesco latest
« Reply #29 on: January 12, 2015, 04:49:14 PM »
No timescale has been offered so they can clear the sites and leave them as they are.