This is an ace article that clearly sets out some highly possible reasons behind the loss of profits lately withstood by Britain’s evil Big 5 superstores, Tesco, Morrisons, Sainsbury’s and Asda. With any luck Tesco will go bust pretty soon, apparently making only 8% of its expected profits in the first 6 months of 2014. What did Tesco do wrong? Joanna Blythman reveals the undercurrent situation.
It might sound miserly but it’s the way I feel. The only good thing that the supermarkets do bring is the opportunity for more exotic or foreign products. And you can bet your life that the majority of them are purchased at a price that is far below their value to the producer.
Goodbye massive superstores. It is true that smaller shops are often more expensive (Aldi and Lidl are used in the opposite way in the article) but if it costs more and that matters to you, buy just what you need instead. There’s less waste.
I was going to come up with a bunch of products I will miss when they all capitulate, but for every one I thought of, this applies: all I would have to do is talk to a smaller shop owner or manager, and the chances are that they’d get it in. The real point is that talking to people face-to-face is how relationships are made, however innocuous.
Is that how communities become more defined and cohesive? When people communicate with each other in a direct and positive way?