woolley Posted October 9, 2023 Share Posted October 9, 2023 (edited) 1 hour ago, GD4ELI said: This is where Tynwald steps in, remember that useless bunch? Any takeover may require approval, part of a takeover could be to limit price difference to the UK. On most items there is no price difference anyway. Should be careful about making noises like that. I can well imagine our illustrious wading in and mandating "no more than a 5% price difference to the UK", and we then finish up paying 5% more than the UK for everything that's currently the same price as it is there! Edited October 9, 2023 by woolley Quote Link to comment Share on other sites More sharing options...
La Colombe Posted October 9, 2023 Share Posted October 9, 2023 (edited) 1 hour ago, CrazyDave said: we would become very reliant on one single form brining food in. Well at least it will keep for longer. Edited October 9, 2023 by La Colombe 2 Quote Link to comment Share on other sites More sharing options...
woolley Posted October 9, 2023 Share Posted October 9, 2023 1 hour ago, newaccount said: Tesco will be linking prices locally with those in the UK post-transition, plus a small additional fee for transportation, in line with its approach at the existing Douglas store. As I've said many times, the overwhelming majority of items in Tesco are the same price to the penny as in the UK, including staple items and fresh produce. Even down to Aldi price matching despite not having an Aldi. As we frequent UK and IOM Tesco on a regular basis, we'll be watching to see if this changes now that they have more stores here. 1 Quote Link to comment Share on other sites More sharing options...
JessTickle Posted October 9, 2023 Share Posted October 9, 2023 1 hour ago, CrazyDave said: The number of people celebrating this news on Facebook is a worrying insight into the intelligence of our population. Agreed. Presumably the 60 people (13 immediately) made redundant are irrelevant. 1 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 9, 2023 Share Posted October 9, 2023 13 minutes ago, woolley said: Is that a loss to be mourning? For some yes. It’s certainly not something to celebrate. A decent business opportunity for someone. Quote Link to comment Share on other sites More sharing options...
cissolt Posted October 9, 2023 Share Posted October 9, 2023 Hopefully make a change from the regional ShopRite pricing model! I guess Robinsons will be hit in the wallet Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 9, 2023 Share Posted October 9, 2023 Just now, JessTickle said: Agreed. Presumably the 60 people (13 immediately) made redundant are irrelevant. The press release cleverly talked about “shoprite store staff” being offered new posts, and conveniently not mention the buyers, marketing staff, legal team, it staff etc. 2 Quote Link to comment Share on other sites More sharing options...
NoTailT Posted October 9, 2023 Share Posted October 9, 2023 1 minute ago, cissolt said: Hopefully make a change from the regional ShopRite pricing model! I guess Robinsons will be hit in the wallet Was just thinking this. Huge impact for Robinsons here. Quote Link to comment Share on other sites More sharing options...
majkul Posted October 9, 2023 Share Posted October 9, 2023 (edited) I will buy from any supermarket that lets me feed my family at a reasonable price, for decently fresh produce. Lately, Shoprite was way down the list of those criteria. Best for good produce, in my opinion, is Mark's & Spencer's, and usually more reasonably priced than most people think. Tesco are very good for more choice, and usually enjoy buying from them. In any case, this is something out of our control, no use getting all het up over it. Just wait and see how it's gonna go. Edited October 9, 2023 by majkul 4 Quote Link to comment Share on other sites More sharing options...
woolley Posted October 9, 2023 Share Posted October 9, 2023 21 minutes ago, CrazyDave said: And what price do they buy them at? Anyone who thinks this is good for the island long term is deluded. They sold Manx produce because they had to compete with shoprite who emphasised the local aspect in their marketing. If people don’t think they will gradually increase the amount of stuff they bring from off island and squeeze the local producers on margin then they are thick You have an outdated view of supermarket procurement policy. They know that people are aware of food miles and they do engage with local producers. You have to be good. You have to be keen and be prepared to grow with demand, but it does work. 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted October 9, 2023 Share Posted October 9, 2023 21 minutes ago, swoopy2110 said: Absolutely. They can say they'll be matching UK prices in their statement all they want. They won't in the long run. They have up to now for 23 years, and there has been no meaningful competition other than Shoprite selling Iceland/Waitrose/Sainsbury with a 20-50% markup. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted October 9, 2023 Share Posted October 9, 2023 I'm also surprised Tesco haven't been required to make a market announcement regarding the acquisition disclosing details. 1 Quote Link to comment Share on other sites More sharing options...
majkul Posted October 9, 2023 Share Posted October 9, 2023 The Nation's Station still running the adverts that say "Shoprite, proudly locally owned", right after the news, where the main story is, you guessed it, Tesco buying Shoprite. 1 Quote Link to comment Share on other sites More sharing options...
The Voice of Reason Posted October 9, 2023 Share Posted October 9, 2023 Why’s nobody mentioned the co op in this discussion? Quote Link to comment Share on other sites More sharing options...
manxman1980 Posted October 9, 2023 Share Posted October 9, 2023 1 minute ago, The Voice of Reason said: Why’s nobody mentioned the co op in this discussion? The co-op is no competition for Tesco. The prices in the co-op will not be that dissimilar to others and then there is the added problem of most of the Co-op's being tiny. Quote Link to comment Share on other sites More sharing options...
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