Although the evidence does ‘not point to a systematic widening in the nineties of farm gate-retail price as a result of potentially stronger buyer power caused by increasing concentration in the food retail sector’, ‘one cannot therefore conclude that buying power was not an issue during the nineties’. I haven’t got a f**king loyalty card!’ t-shirt – Log on to www.fatlooby.com. I have just been to Tesco to buy £46 worth of shopping, I was v organised, brought a £50 note with me to pay for it, and they refused on the basis that they don't have any staff to open a til, and only have the self payment machines available, which don't take £50 notes. Tesco is a corporate partner of the New Local Government Network (NLGN) which is ‘an independent think tank seeking to transform public services, revitalise local political leadership and empower local communities’. ‘No company can continue to pretend to be promoting ethical trade along its supply chains when it slashes supplier prices to the point where growers who pay a living wage, treat their workforce with respect and make environmental improvements are cut out of the market.’ -Alistair Smith, Banana Link81. For more information on the role of supermarkets in promoting unhealthy food, see the Health Select Committee report on Obesity 2003 – 2004, in particular page 31 and pp.38-39. 10. All of this undermines British businesses on the home front as they battle in global markets.’. He ascribes Tesco’s phenomenal success under his leadership to his policy of ‘listening to the customer’. 8. http://www.hm-treasury.gov.uk/budget/1998/chap3.htm Let us know your thoughts. Tesco has moved into areas which are not ‘commercially attractive’, and along with ‘other stakeholders’, is building on derelict sites in areas of high long-term unemployment, where there is a poor skills base and inadequate levels of public transport provision. In a Telegraph article published in 1999, it was suggested that Tesco and the other supermarkets were on the verge of submitting bids to take over the running of the 103 very basic grocer’s shops inside British prisons. Terry Leahy, Tesco Chief Executive, quoted in Management Today 1, ‘Tesco will just sail away. More than a year after they ceased to be legal tender, there are still £1.5bn-worth of paper £5 and £10 notes that haven’t been cashed in. But slowly but surely we managed to grind them down and grind them out.’ ‘No matter how fast we grew Sainsbury’s were always in front of us. Statistics from the IGD’s Market Index (2002) illustrate that the most attractive markets for modern retailers are China, Italy and Russia. From the time it acquired the site in 1978, it had come into conflict with the local council whose greatest concern was the impact that this, the largest food store in London, would have on retailers in the surrounding areas. While the supermarkets claim that they create jobs, in fact, evidence shows that jobs are either lost47 or replaced with banal shift work, and the town centre, part of the social fabric and character of any community, will begin to shrink. Financial management, A tiny chink in Tesco’s armour can be seen from the fact that it is really spending at the edge of its means, as underlined by the £773m share placing in January 2004, and the £650m property sale in March 2004. She retains her existing responsibilities for Corporate Affairs. Inside, dimly lit and spartan, it would make a fitting home for a parochial British manufacturer.’1. He was mainly concerned with European Union polices on agriculture. I have an old Tesco gift voucher, can I still use it? Many grassroots campaigners feel let down by the Government’s proposed changes to planning policy statement 6 (PPS6) that will favour large edge-of-town developments. In 2001 Tesco.com broke even in its Internet sales for the first time.36 By April 2004 it had become a fast growing and profitable business, with sales of £577m and generating a profit of £28m, up from £12m the previous year. With EU accession and the CAP, this will doubtlessly increase. They will threaten many Polish farmers with destruction. This is a conversion degree programme intended for students without a computing science background. Please give us feedback, suggest improvements and share your tips in the Cheap sanitary products forum thread.. Overpricing organics A study authored by Dr Anna Ross (University of the West of England) accuses UK supermarket chains of overpricing organic goods.15 Media reports suggest that the Soil Association has been trying to suppress the findings. This should have been a major scandal for Tesco. Tesco is equally impressive when considering its share of the total retail market. He claims ‘I’ve been fortunate enough to see all layers of British life…I feel I know personally all our customer groups.’12, Leahy very much believes that customers vote with their feet. Meanwhile, under its ‘Regeneration Partnership schemes’, Tesco claims to be a shining light in deprived areas. Dr Ross found that the same basket of vegetables bought in a sample of farm shops were found to be 63% more expensive in market leader Tesco; 59% more expensive in Sainsbury’s; and 38% more expensive in Waitrose. At present the only threat to Tesco’s ever-increasing market share would come if the Competition authorities stepped in to enforce monopoly legislation which defines a ‘classic monopoly’ as 25% of market share in a given sector. Altogether the closure of Cogges Post Office will make difficulties for many people on the estates, especially for the elderly. Click here for Tesco’s head office and other basic information from the opencorporates website. Here are some other inspirational charities who are accepting your old £1 coin donations. He also helped to run the Cabinet Office’s unit to support biotechnology at the height of the GM foods controversy in 1999.16, Conservative spokesman on environment, food and rural affairs, Peter Ainsworth, condemned the appointments, telling the Independent on Sunday, ‘This reinforces the sense that there is a charmed circle around the Prime Minister which major corporations feel they need to get inside.’. Supplying to Tesco is a great opportunity to share your products with our customers across the nation and by working together, we can jointly grow our businesses. Scottish Banknotes are legal currency – i.e. It undertook a large-scale recruitment campaign to encourage women to participate, supported through extensive TV, radio and in-store promotion. As usual, Tesco was quick off the mark, acquiring T&S Stores, the highly successful c-store and CTN (confectioners, tobacconists, newsagents) chain, in October 2002. It has now set up its own Fair Trade label, which includes South African wines and flowers.82 These products give the impression of a caring sharing corporation. In 2003 the Environmental Investigation Agency (EIA) carried out a survey which discovered that all the canned cetacean products were sourced from Japan’s two major whaling companies, Nissui and Kyokuyo. Tesco’s focus on non-food items has led some to wonder whether it is fair to compare Tesco with the other grocery retailers at all as it seems to have become a consumer goods company. One of consumers’ greatest worries is that they often simply do not know which products are genuinely healthy choices. It claimed, for example, that Tesco ‘healthy’ custard creams contain less fat than the standard options but they contain more sugar and more salt – hardly a healthy choice. House of Commons Hansard for 14th October 1997, http://www.parliament.the-stationery-office.co.uk/pa/ld199798/ldhansrd/vo971014/text/71014w03.htm Hence capturing the spending power, all £10 a week on average, of British prisoners’ wages from cooking and cleaning etc.18 While this does not seem to have happened, it is interesting that Tesco and the other major British supermarkets have not actively been tendering for contracts in the public sector – e.g. However, rising inflation may see the Groceries Order lifted soon.82. It is also very convenient for the supermarkets to pass the buck – ‘We’re very concerned but these people aren’t directly employed by us, what can we do?’ The workers concerned are often foreign, sometimes illegal immigrants, which makes it very difficult for them to expose their working conditions. ‘£26m puts Tesco at the Top of the Table’ The Guardian 27/08/04, 7. ‘Tesco sales surge above forecasts’ 18/6/04 http://news.bbc.co.uk/1/hi/business/3817815.stm viewed 8/7/04, 8. ‘Tesco targetted over ‘Fat cat’ pay’ 20/5/03 http://news.bbc.co.uk/1/hi/business/3045143.stm In March 2004, Tesco decided to continue opening its Puchong store 24 hours a day despite having been told not to do so by the Ministry of Domestic Trade and Consumer Affairs who cited the negative effect it would have on other retailers in the area.60. Tesco is also opening petrol stations in Hungary, Ireland and Thailand. At the annual Institute of Grocery Distribution conference in October 2003,22 Tesco Chairman David Reid made the assertions that ‘You cannot save your way to prosperity’ and that ‘Growth is crucial to shareholders…staff…and suppliers’. Today you can buy a £50 bottle of wine in Tesco, and the ‘Finest’ label food products are far from cheap. Essentially only bananas from unsustainable sources, where wages are rock-bottom, and unions cannot organise, can be sold at these prices. in water rather than soil) – this is certainly the case in the UK with tomatoes and cucumbers. Tesco has made a fine art of its system of exploitation; exploitation that affects not only small farmers, but also the big brand manufacturers. The supermarket joined Poundland which also confirmed that it will continue to welcome the old coins in more than 850 of its UK stores until October 31. Since poaching Terry Price from Wal-Mart to head up its non-food strategy in 2003 , Tesco seems on course to become Britain’s largest non-food retailer, fiercely pursuing growth in this area. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. In January 2004, Tesco raised £773m by placing 315m new shares23, and in March 2004 announced a joint venture with property group Topland to release £650m from its UK property portfolio.24 The main reason for the new share offering is to pay off the company’s debt. A spokesperson from Tesco denied the allegations, adding: ‘Nor do we have an expectation of reaching a 35% share of the grocery market, though a 35% share of the fruit and vegetable market is possible.’ The Irish Farmers Association is hoping to discuss the matter further with Tesco.81, Below-cost selling Although many would consider convenience stores as supermarkets, the Competition Commission in its report on supermarkets (2000) made a clear distinction between the two sectors based on the fact that convenience stores are smaller, in terms of floor space, than supermarkets, and that they cater for ‘top-up’ rather than ‘one trip’ shopping.88, This ‘helpful’ distinction basically gave the green light for the supermarket chains to buy up convenience store chains since it creates a loophole in anti-monopoly laws. Tesco has 150 subsidiaries, around half of which have ‘Tesco’ in their name and are based in Cheshunt. Appointed 1999. In a way, this is reflective of Terry Leahy and his management style. Supermarkets do sometimes begin to deal with small producers, but only with a view to making them larger and more ‘economical’ to deal with. Tesco works with a similar project at the University of Aberdeen.43. The most impressive aspect of Tesco’s triumph was the ‘margin of victory’ in both categories. Tesco has favoured large hypermarkets for its international stores, since in most countries it is easier to get planning permission for these than it is in the UK. ‘Tesco recruits two Blair Aides’ Severin Carrell Independent on Sunday 9/12/01, 17. www.london-first.co.uk/about_us/ourmembers.asp?L2=79 North represented Blair on the Rural Recovery Task Force, set up to rebuild British farming after the foot and mouth crisis. Already local planning authorities are giving planning permission for stores even though it is clear that there will be a negative impact on the town centre. They are ahead of plan and we are looking to convert 136 stores this year.’. This means that they profit not only from their consumers, but also by exploiting their suppliers. Tesco has also been named and shamed by the Environment Agency. From 1997 – 2002 she was the President of the CPRE, and is now the face of the (Tesco-sponsored) Woodland Trust.34, ‘The school of the future will be franchised, branded and sponsored. Another advisory role is sitting on the President’s committee of London First, which Tesco also sponsors.17 She has been a-appointed to the Foreign and Commonwealth Office Management Board,18 as well as to the Deputy Prime Ministers’ Local Government funding committee, which is looking into better ways of funding council services19, further crossing the line between influencing the government and being the government. In 1935, Jack Cohen visited the USA and was impressed by the supermarkets’ self-service system which enabled more people to be served faster, with lower labour costs. The Sunday Times11 said that the estimated cost to Tesco of the car park tax would have been £40 million.12. ‘Shopped! For example, Tesco £1.50, town £2, pictures £1 (you can also give allocated times for these trips to maximise the income!) A five year £450,000 sponsorship has been given to focus on a range of research, from organic crop rotation to livestock nutrition. Asda, owned by US corporation Wal-Mart since 1999, is the only supermarket with the potential to become a thorn in the side for Tesco. 1’Sir Terry Leahy’ Chris Blackhurst Management Today February 2004, 2’Outgoing Safeway chief hits at Tesco’ Julia Finch. Even where Thai products are being used, they are still likely to have been intensively farmed at the expense of small farmers, traditional farming methods and the environment. The eight non-executive directors get paid between £44,000 and £72,000 a year for turning up to a few meetings. Some councils are suggesting that supermarkets build affordable housing in exchange for planning consent. As of January 2004, there is a five-year freeze on the building of any new hypermarkets in Malysia’s three major cities Kuala Lumpur, Penang and Johor Bahru.58 The article reporting this mentions Tesco and Carrefour specifically as foreign chains who will be affected by the ruling. Tesco said it was using a different set of criteria based on dietary targets set by the Committee on Medical Aspects of Food and Nutrition Policy and the World Health Organisation.32 The FSA guidelines would mean that Tesco’s Healthy Living Sultana Bran Flakes would carry two red lights because they are high in salt and sugar. In fact, no banknote whatsoever (including Bank of England notes!) In the event, out of the major supermarket chains competing, Morrisons acquired Safeway, although remarkably, Tesco has been allowed to buy 10 of the 52 Safeway stores which Morrisons was obliged to sell off for a rumoured £120m. Tesco claims that its clothing ranges, Cherokee, Florence and Fred, are the fastest growing in the UK both in value and in volume, with a 4.4% market share. See Friends of the Earth reports ‘Big Business in Bournemouth 2003’ http://www.foe.co.uk/resource/reports/exposed_bournemouth_2003.pdf and http://www.foe.co.uk/resource/reports/terrible_ten.pdf viewed 24/3/04, 14. http://www.nlgn.org.uk/nlgn.php See ‘About NLGN’ viewed 8/7/04, 15. http://news.bbc.co.uk/1/hi/uk_politics/3867387.stm viewed 28/7/04, 16. Of the 518 Tesco stores of under 500 square metres sales area in 1972, just 190 remained by 1980.58, This pattern of supermarkets moving into an area, causing all the local shops to close, and then moving out again because business isn’t doing well creates something called ‘Food Deserts’. To New Labour it represents progress, modernisation and the future.’, ‘The prime minister wants schools to be run like Tesco stores. Meanwhile, the bulk of products sold in supermarkets are processed and no notice is taken of their origins at all. He rarely gives personal interviews, but it is known that he is the son of a Liverpool ship’s carpenter turned greyhound trainer. Over the 80 years since its inception, Tesco has responded to and taken advantage of major changes in lifestyle patterns, and this is key to its ongoing success. For a detailed critique of ‘public private partnerships’ check out the Public Services International Research Unit (PSIRU) atwww.psiru.org“> www.psiru.org and “Captive State: The corporate Takeover of Britain” by George Monbiot (MacMillan 2000). It seems unlikely that Tesco would even consider taking such a risk in its UK stores, where GM is firmly on the agenda as a consumer issue. ‘I am a pensioner and disabled and will be in difficulty if Cogges Post Office closes. Minimum Unit Pricing has been implemented by the Scottish Government to reduce alcohol consumption and related harm. more Tesco Express convenience stores, as the key to continued growth in core UK sales. In January 2004, Boots blamed 900 job losses on the tough competition from the supermarket chains. If Tesco closes a small post office because ‘it wants to make more space for shelving’, the Post Office doesn’t have to take the rap. However, Asda’s parent company, Wal-Mart, the world’s largest company, with global sales of $256bn in 2003, is still eight times bigger than Tesco. Faced with increasing public concerns, appearing to be an ethical and thoughtful company taking heed of today’s social and environmental issues has become more and more important for corporations whose public image is vital to their sales. Hard copies available from Corporate Watch or the Corporate Watch website. - Caitlin, Uni of Wales Trinity Saint David Click here for details of Tesco’s latest profits and other financial results from the Bloomberg website. Probably because this voluntary code of practice, drawn up by the big four supermarkets themselves, required the complaint to be made to the supermarkets first, which would be commercial suicide. Report from 2003 reinforces this. The trial uses different colours on the front of packs to highlight the levels of fat, saturated fat, salt and sugar in products. The scientific whaling policy was implemented in 1987 after a moratorium banned commercial whaling. Philip Clarke, International Operations and IT Director (43), Andrew Higginson, Finance and Strategy Director (46). I remember once when I was serving at my local Cancer Research till and I scanned a woman's stuff (a few toys and baby clothes). It seems to me that the community is being sacrificed to the god of money.’ Margaret Wardell, pensioner, Witney commenting on Tesco’s closure of two post offices in its stores (recently purchased from One-Stop)56, ‘You get all kinds of income levels shopping here…but Tesco is determinedly moving away from being down-market and price led….It’s trying to move into Sainsbury’s AB demographic’ Nick Gladding, Verdict Research57, In 1972 Tesco had 790 UK stores. An analysis by the Guardian found that Sir Terry was valued the same as 335 of his employees. A spokesperson for the group confirmed that there is no minimum or maximum amount customers can exchange - meaning you could deposit just one coin. From 1992 to 1994 she was a member of the Prime Minister’s Policy Unit where her responsibilities included home and legal affairs and public sector reform. It will become unreachable, and the Competition Commission has perpetrated that. The directors, who had earlier talked proudly of total product traceability, were unable to answer whether Tesco products which were labeled ‘Made in Israel’, thus allowed to be imported into the EU ‘tariff free’ under the Israel-EU prefential trade agreement, were in fact from the Occupied Territories, and subject to taxes and custom du. As the supplier at the top of the chain, and the largest buyer of British farm products, Tesco could, if it believed in a fair price, instigate a fair trade system for farm products. 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