Tesco create jobs?

[Sid]

16,000 more staff to help with home delivery.

No mention of job losses in store if consumers has voted to shop from home now?

How can Tescos afford to employ additional staff with the same turnover?

 

[rob1]

16,000 more staff to help with home delivery.

No mention of job losses in store if consumers has voted to shop from home now?

How can Tescos afford to employ additional staff with the same turnover?

just pay their suppliers less

 

[Bald Rick]

16,000 more staff to help with home delivery.

No mention of job losses in store if consumers has voted to shop from home now?

How can Tescos afford to employ additional staff with the same turnover?

Their turnover is up massively in the first 2 quarters.

Don't forget ... they are the true heroes of the Covid crisis

 

[puppet]

Probably job displacement rather than creation. Home deliveries are now massive business

 

[Tarw Coch]

Don’t know who really believes these sort of headlines but they’re surprisingly common.
For example, new supermarket applies for planning in town and the headline reads something like new development will create X number of new jobs. On the face of it completely true but in reality the people of town are unlikely to buy more goods so over time other local buisnesses will probably shed a similar number of jobs to those created,
It sounds good but reality for some is losing their job.

 

[delilah]

1) Point 4 on the attached.

2) During corona, Tesco have received more Govt support in the form of rate relief than the entire UK charity sector has been given in Govt support.

 

[Baker9]

16,000 more staff to help with home delivery.

No mention of job losses in store if consumers has voted to shop from home now?

How can Tescos afford to employ additional staff with the same turnover?

They do what they always do, screw their suppliers by paying them less for home delivery items.

 

[steveR]

Their turnover is up massively in the first 2 quarters.

Don't forget ... they are the true heroes of the Covid crisis

Same Down Under...

 

[Boohoo]

While Tesco continues to place the stock on the shelves and then pick it off the shelves for online orders there aren't likely to be many job losses in stores. If online orders remain high once normality returns then some stores will be closed and online orders will come from warehouse style centres that won't be open to the public. This will result in job losses.

 

[neilo]

1) Point 4 on the attached.

2) During corona, Tesco have received more Govt support in the form of rate relief than the entire UK charity sector has been given in Govt support.

is that because the rate ‘holiday’ that was offered was a blanket applying to all businesses? They may have received a lot of that ‘support’ purely as they would normally have been paying far far more in business rates than most.

 

[Hindsight]

is that because the rate ‘holiday’ that was offered was a blanket applying to all businesses? They may have received a lot of that ‘support’ purely as they would normally have been paying far far more in business rates than most.

But TESCO and the other supermarkets were not closed down during lockdown. They were considered essential services. And could sell not only 'essential' items such as food, toilet rolls, tampons and condoms. But TVs' booze, computers, clothes etc etc. which has put them at a distinct advantage to many other specialist retailers that just didn't happen to sell food. Criminal I say. But the Government had no option but let then run riot. Sad days Covid.

 

[neilo]

But TESCO and the other supermarkets were not closed down during lockdown. They were considered essential services. And could sell not only 'essential' items such as food, toilet rolls, tampons and condoms. But TVs' booze, computers, clothes etc etc. which has put them at a distinct advantage to many other specialist retailers that just didn't happen to sell food. Criminal I say. But the Government had no option but let then run riot. Sad days Covid.

Absolutely, but the government decreed rate holiday applied to all businesses, including supermarkets (not just the ‘evil’ Tesco). They are deemed to have done well by it, by those with an agenda to promote small retailers, because the amount they had a ‘holiday’ from paying was large. Previously, they would have been one of the largest contributors to the business rates pot, and quite rightly, but that’s never mentioned of course.

 

[Hindsight]

Absolutely, but the government decreed rate holiday applied to all businesses, including supermarkets (not just the ‘evil’ Tesco). They are deemed to have done well by it, by those with an agenda to promote small retailers, because the amount they had a ‘holiday’ from paying was large. Previously, they would have been one of the largest contributors to the business rates pot, and quite rightly, but that’s never mentioned of course.

I am way out of my depth on this subject!! But and I will have another ha'pennorth. But if and that is a big if rates is roughly proportional to turnover then during lockdown TESCO coined in the turnover without the rates while other retailers did not. Now if rates are not proportional to turnover and are actually a larger percentage of TESCO turnover compared to other retailers and the 'independent' you refer to then fair enough.

 

[neilo]

I am way out of my depth on this subject!! But and I will have another ha'pennorth. But if and that is a big if rates is roughly proportional to turnover then during lockdown TESCO coined in the turnover without the rates while other retailers did not. Now if rates are not proportional to turnover and are actually a larger percentage of TESCO turnover compared to other retailers and the 'independent' you refer to then fair enough.

I don’t think there’s much doubt that Tesco, along with the other big supermarket chains, will certainly have ‘coined it in’. One would hope that they will all be paying more tax as a result of course but, like all businesses, they will obviously look to minimise that by legitimate means.

 

[Hindsight]

I don’t think there’s much doubt that Tesco, along with the other big supermarket chains, will certainly have ‘coined it in’. One would hope that they will all be paying more tax as a result of course but, like all businesses, they will obviously look to minimise that by legitimate means.

If I recall in early APril TESCO were treated a pariahs in the business pages as they paid out an enhanced cash dividend. Welcome by savers.

Tesco defends £635m dividend payout after coronavirus tax break

Labour peer Andrew Adonis urges retailer to repay £585m government support package

www.theguardian.com

Slightly surprised as a farmer you support their business practice but then each to their own.

Maybe you have been sensible with your profits and BPS and bought TESCO shares

Regards.

 

[Clive]

Supermarkets and Amazon will hve been massive winners from c19

they should be taxed on any extraordinary profit handed them by government shutting down most competitors ........... but some pay no Uk tax at all This can not be sustainable surely ?

 

[Hindsight]

Supermarkets and Amazon will hve been massive winners from c19

they should be taxed on any extraordinary profit........... but some pay no Uk tax at all This can not be sustainable surely ?

Question for the Chancellor and Business Minister I assume. Seems little activity to date. And I am aware from the packaging quite a bit of Amazon stuff comes into out house. Even I purchased some weigh scales last Friday from Mr Besos.

 

[neilo]

If I recall in early APril TESCO were treated a pariahs in the business pages as they paid out an enhanced cash dividend. Welcome by savers.

Tesco defends £635m dividend payout after coronavirus tax break

Labour peer Andrew Adonis urges retailer to repay £585m government support package

www.theguardian.com

Slightly surprised as a farmer you support their business practice but then each to their own.

Maybe you have been sensible with your profits and BPS and bought TESCO shares

Regards.

I don’t support their business practice at all, nor that of any of the other big retailers. They are ALL ruthless sharks who would sell their grannies if they could.

However, they are also our biggest customers, big employers and they pay a lot of tax (& Business rates). It’s no good moaning about market share, etc, as that’s what the general public have voted for with their wallets/purses over the last 30-40 years. If the population wanted to reverse that, they would, but they don’t. They continue to flock to big shops where they can get everything in one visit.
No government will alienate their voters by restricting those businesses, in favour of a more expensive/less efficient, retail system.

 

[ACEngineering]

the stupid thing is warehouses supplying wholesale goods didn't get any rate relief if they didn't qualify for either of the 2 smaller grants so i been told.

 

[neilo]

Question for the Chancellor and Business Minister I assume. Seems little activity to date. And I am aware from the packaging quite a bit of Amazon stuff comes into out house. Even I purchased some weigh scales last Friday from Mr Besos.

In so doing, you are supporting big business that is driving smaller retailers out. You’ve made the same choice that shoppers have been making for decades, the same choices that have led to the rise of the supermarkets.