Skip to main content

Posts

Showing posts with the label Tesco

The share price rises by 15% as thousands of people could loose their jobs.

http://www.theguardian.com/business/2015/jan/08/tesco-chief-unveils-dramatic-shake-up-troubled-supermarket Almost 100 stores to close What a sick and nasty world the speculators create and live in. On the announcement that nearly 100 Tesco stores will be closed, Head Office will be "relocated" , the employee pension scheme will be axed and that thousands of people will loose their jobs, the share price increases by 15%. The financial "markets" make "loads a money" at the expense of peoples lives. I have little sympathy for Tesco. My criticism is of the speculators making money from the share price increase as a result of people losing their jobs. As usual it is the employees who pay the price of management ineptitude and in the case of Tesco, boardroom practices which probably verge on illegality. Personally, I never shop in Tesco for three main reasons. The price of their produce is too high. The quality of their goods is  in many cases ...

Greed fueling violence as Black Friday is now part of British society.

http://www.theguardian.com/business/2014/nov/28/black-friday-fever-police-battle-shoppers?commentpage=1   Bargain hunting turns violent as American phenomenon comes to UK     Raw greed    Another imported "Ponzi" from the United States, artificially created to extend even further, the "Christmas Shopping" frenzy and make more profits for the stores and manufactures. Over the past week, my e-mail has been inundated with "junk" mail from practically every know on line supplier, advertising "Black Friday" bargains and screaming their "buy now" messages. It is a sad and almost sinister phenomena in British society which now, after only two or three years vigorous promoting has firmly established “Black Friday”, as a regular November event. The photographs and video reports of the fighting in Asda, Tesco and numerous other stores around the country, the police and security staff separating hysterical "s...