Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,392
Can't agree with your 'half-arsed and knee-jerk' comments.
Tesco management under the leadership of 'Drastic Dave Lewis' have gone a long way to restore the company's reputation and so far have made a good fist of it as the profits and share price show.I don't think panic is in his vocabulary, but yes, retail has changed and the discounters have nicked a substantial amount of market share from the established operators.It remains to be seen how successful the rollout of this new format will be, but the management obviously think it is worth a go.
And yes, I am a shareholder in Tesco!
Can't speak for Harvey's IPA as I have never tried it. Of the several so called craft beers I have tried, I reckon only a small percentage are worth the price charged, but hey-ho each to their own.
Reckon customers who currently go to Tesco's will still go to Tesco's, whether it be their local Tesco Express or their local Tesco Superstore. Whether they're re-branded as Jacks or whether they're not. And customers of ALDI or LIDL will just keep on doing exactly what they're currently doing. Which is comfortably saving on Tesco's prices.