Nellie Posted October 9, 2023 Share Posted October 9, 2023 6 minutes ago, CrazyDave said: surely they will just take over the current Shoprite warehouse? They can’t service the stores without it The warehouses are not mentioned in the media release. My initial thought was that they would give the enlarged Tesco some local resilience, but if it doesn't fit their nationwide distribution model, they probably don't want them. Tesco seem to stock all stores from huge distribution centres, on a JIT basis. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted October 9, 2023 Share Posted October 9, 2023 14 minutes ago, HiVibes said: The warehousing also not mentioned, so winter with a few non-sailings will be epic... Chief Ministers statement on this refers to losses outside of stores. But - like CoOp - I’d imagine Tesco retaining on-Island warehousing.. Quote Link to comment Share on other sites More sharing options...
User Name Posted October 9, 2023 Share Posted October 9, 2023 15 minutes ago, HiVibes said: The warehousing also not mentioned, so winter with a few non-sailings will be epic... they are taking over the local warehouse in Pulrose too Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 9, 2023 Share Posted October 9, 2023 6 minutes ago, Ringy Rose said: That’s not normally the Tesco way, as a walk around any city centre will show you. Their general policy is to keep an area well filled with Tesco stores so that there isn’t room for a competitor to move in. They just removed their only real competitor on the island. There is no way on earth some stores won’t be gone within 5 years 1 1 1 Quote Link to comment Share on other sites More sharing options...
Cambon Posted October 9, 2023 Share Posted October 9, 2023 1 minute ago, CrazyDave said: They just removed their only real competitor on the island. There is no way on earth some stores won’t be gone within 5 years I agree. I think most larger stores will close and be replaced by Tesco Express, or similar. May keep Port Erin and large Ramsey shop, and small Peel Tesco Express), but I feel, Winerite, Onchan, Victoria Road, Peel large store and Castletown, Ramsey St Pauls Sq are all in danger. 1 1 Quote Link to comment Share on other sites More sharing options...
Nellie Posted October 9, 2023 Share Posted October 9, 2023 32 minutes ago, Manxman1234 said: Why would they take a 21 year lease to close them? Presumably Shoprite will have approached other potential buyers, who may, or may, not have been interested. But it looks like the final deal was 'all or nothing' and it also looks like the future income from those leases is the only consideration that Shoprite will receive. Tesco will also have seen this deal as a way for keeping any competition out, so acquiring everything and just having to pay a bit of rent is probably a small downside. The rental cost of the two or three that Tesco might not want will be small beer in the overall picture, and they can presumably sub-let if that works for everyone. 1 Quote Link to comment Share on other sites More sharing options...
Ringy Rose Posted October 9, 2023 Share Posted October 9, 2023 1 minute ago, CrazyDave said: They just removed their only real competitor on the island. And that’s generally how they like to keep it, with no room for a competitor to muscle in against them. The main Shoprite stores aren’t that closely packed together, apart from maybe Onchan. Little Shoprite and Winerite to become Tesco Express/Budgens/Londis/Premier. Stops other chains getting ideas. Quote Link to comment Share on other sites More sharing options...
Nellie Posted October 9, 2023 Share Posted October 9, 2023 12 minutes ago, User Name said: they are taking over the local warehouse in Pulrose too Source???? There is no mention of the warehouses in the media releases, or other documents I have seen. Local warehouses do not fit the Tesco distribution model. Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted October 9, 2023 Share Posted October 9, 2023 On 9/29/2023 at 2:38 PM, random said: Shoprite next.......... This one post account sparked a discussion the other week. Quote Link to comment Share on other sites More sharing options...
flaps Posted October 9, 2023 Share Posted October 9, 2023 I wonder about the old Wilko shop behind the Port Erin store. Also the Ballasalla Merc garage site, and the warehouse in Pulrose? Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted October 9, 2023 Share Posted October 9, 2023 3 minutes ago, flaps said: I wonder about the old Wilko shop behind the Port Erin store. Also the Ballasalla Merc garage site, and the warehouse in Pulrose? Or the whole of Onchan precinct? 1 Quote Link to comment Share on other sites More sharing options...
User Name Posted October 9, 2023 Share Posted October 9, 2023 6 minutes ago, Nellie said: Source???? There is no mention of the warehouses in the media releases, or other documents I have seen. Local warehouses do not fit the Tesco distribution model. I am the source, and the Island is hardly typical of a UK conurbation so will need dealing with differently. don't forget the good old Manx Winters, Tesco have experience of this and will change the local model to suit. 3 Quote Link to comment Share on other sites More sharing options...
cissolt Posted October 9, 2023 Share Posted October 9, 2023 Who owned the old ShopRite area in onchan? That's been empty for 20 odd years 1 Quote Link to comment Share on other sites More sharing options...
Nellie Posted October 9, 2023 Share Posted October 9, 2023 (edited) 7 minutes ago, flaps said: I wonder about the old Wilko shop behind the Port Erin store. Also the Ballasalla Merc garage site, and the warehouse in Pulrose? Tesco are taking leases on nine stores. The ex-garage site in Ballasalla is clearly not involved. It just happens to be a property owned by Shoprite's parent. They also own loads of other property around the Island, for example, their HQ in Victoria Road, which won't be part of the deal either. Edited October 9, 2023 by Nellie Quote Link to comment Share on other sites More sharing options...
User Name Posted October 9, 2023 Share Posted October 9, 2023 Just now, cissolt said: Who owned the old ShopRite area in onchan? That's been empty for 20 odd years Nicholsons, they own the whole precinct Quote Link to comment Share on other sites More sharing options...
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