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Tesco to cut prices on 5,000 Groceries Order products


Maximus

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Tesco has announced that it is cutting the prices of more than 5,000 grocery products in Ireland from Monday in response to the abolition of the Groceries Order.

The company said it plans to reduce the prices of 5,000 more products by early next year until all items previously controlled by the ban on below cost selling are cut.

The average reduction is of 4.7%, and Tesco is promising no other prices are being increased to compensate.
 

FutureTaoiseach

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See? To the cynics who said the removal of the Order wouldn't bring down prices...you were wrong and should admit your mistake. Hopefully rip-off Ireland will be consigned to history in the next while.
 

Molly

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Anyone who thought food was all of a sudden going to be free the day after the order was scrapped was living with their head shoved up their… stomach.
They should move to Switzerland… I hear its made of free cheese!!
It’s a step in the right direction. Really don’t see how this can be a mark against the gov
 

Pidge

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It's not completely good news. Why do you think Tesco do this?
 

FutureTaoiseach

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Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
 

Pidge

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FutureTaoiseach said:
Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
That may be harmless enough, but it's those retailers who aren't rivals of Tesco that should be watched.
 

Universal_001

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God bless your nievity boys and girls it's really a special thing :D

Note how some "bargans" actually induce people to buy things they never would have bought in the first place meaning it's not a saving at all, it's all the same game, don't be fooled guys.
 

Munion

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Universal_001 said:
God bless your nievity boys and girls it's really a special thing :D

Note how some "bargans" actually induce people to buy things they never would have bought in the first place meaning it's not a saving at all, it's all the same game, don't be fooled guys.
That's their own bloody stupidity!
 
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There...it's working. 4.7% is not to be sneezed at. Now the others are likely to follow. It's funny- when shops dont cut prices they are ripping us off , and when they do they are clearly up to something.
 

Pidge

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Universal_001 said:
Note how some "bargans" actually induce people to buy things they never would have bought in the first place meaning it's not a saving at all, it's all the same game, don't be fooled guys.
Not really. Look at the press release.
 

FutureTaoiseach

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Pidge said:
FutureTaoiseach said:
Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
That may be harmless enough, but it's those retailers who aren't rivals of Tesco that should be watched.
Explain? :?
 

Universal_001

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Pidge said:
Universal_001 said:
Note how some "bargans" actually induce people to buy things they never would have bought in the first place meaning it's not a saving at all, it's all the same game, don't be fooled guys.
Not really. Look at the press release.
The one from tesco? Guniness is good for you look at the Guniness ad that says so! :lol:
 

Pidge

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FutureTaoiseach said:
Pidge said:
FutureTaoiseach said:
Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
That may be harmless enough, but it's those retailers who aren't rivals of Tesco that should be watched.
Explain? :?
Smaller retailers (especially independent ones) may well be unable to compete on price. This could put them and small businesses in the groceries industry in trouble. It could (I stress that word) lead to an entrenched oligopoly.
 

Universal_001

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Pidge said:
FutureTaoiseach said:
Pidge said:
FutureTaoiseach said:
Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
That may be harmless enough, but it's those retailers who aren't rivals of Tesco that should be watched.
Explain? :?
Smaller retailers (especially independent ones) may well be unable to compete on price. This could put them and small businesses in the groceries industry in trouble. It could (I stress that word) lead to an entrenched oligopoly.
There is no such thing as small retailers anymore they are all controlled by the likes of Centra and Spar.
 

Pidge

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Universal_001 said:
There is no such thing as small retailers anymore they are all controlled by the likes of Centra and Spar.
No, they're not. That's why I specifically mentioned independent retailers.

There are plenty of non-affiliated newsagents and shops out there - I can think of at least seven within a mile of me.
 

newFF

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May 28, 2004
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Pidge said:
FutureTaoiseach said:
Pidge said:
FutureTaoiseach said:
Pidge said:
It's not completely good news. Why do you think Tesco do this?
To compete with rivals for market share, which in turn will force competitors to do the same or lose business.
That may be harmless enough, but it's those retailers who aren't rivals of Tesco that should be watched.
Explain? :?
Smaller retailers (especially independent ones) may well be unable to compete on price. This could put them and small businesses in the groceries industry in trouble. It could (I stress that word) lead to an entrenched oligopoly.
The average corner shop hasnt been able to compete for 10 years.

They all have much larger markups to suit their custom - one of convenience - i.e you go there when you're stuck and pay accordingly.
 

Pidge

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newFF said:
They all have much larger markups to suit their custom - one of convenience - i.e you go there when you're stuck and pay accordingly.
But of course, all I'm saying is that small businesses need to be watched, to see how they're doing as they're undercut further.
 

FutureTaoiseach

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A lot of smaller retailers are members of buying-groups which bond together to bulk buy, allowing them to compete with the supermarket-chains. I wouldn't be too worried.
 

owenfeehan

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Jun 4, 2005
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Molly said:
Anyone who thought food was all of a sudden going to be free the day after the order was scrapped was living with their head shoved up their… stomach.
They should move to Switzerland… I hear its made of free cheese!!
It’s a step in the right direction. Really don’t see how this can be a mark against the gov
Perhaps the fact that it took a national TV programme expose, and much consequent public outrage before they decided to change the order, something which should have been done long ago.
 

Gladstone

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Mar 10, 2005
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Pidge said:
Universal_001 said:
There is no such thing as small retailers anymore they are all controlled by the likes of Centra and Spar.
No, they're not. That's why I specifically mentioned independent retailers.

There are plenty of non-affiliated newsagents and shops out there - I can think of at least seven within a mile of me.
Tough shit? Thats compitition, if people wanna support the small local shop over the supermarket let them pay the slightly higher prices, if not, let them shut the **** up whinging about their local shop dissapering. :roll:
 
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