Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Things to Checkout when Visiting Supermarkets

By Mark Howitt

1 September 2014 07:58

More:

So supermarkets have been in the news a lot lately, with Tesco (TSCO) slashing its dividend by 75%. All of the supermarket shares took a battering on Friday, with worries that Tesco’s rivals could also cut their dividends. Just on an instinctive feel, I don’t think Sainsbury (SBRY) will cut its but I do feel it may be effected when Tesco start to cut prices- it will probably have to follow suit to an extent.

Already a member? Sign in

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 13 year archive

• ShareProphets Daily Newsletter

Cancel any time

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

alcira16247

1 September 2014, 10:23

Mark

A well written article, interesting and I agree with your sentiments.

Just an illustration on my experience with Tesco.

As my nearest supermarket, I do most of my weekly shop there and what a dreadful uninspiring experience, it is! Nine times out of ten, my visit ends with me in a filthy mood making a run to the exit.

Contrast, with the Tesco’s that I sometimes shop at when visiting my son. What a joy! Neat, well lit, well stacked shelves, clean and most importantly, polite enthusiastic helpful staff. I actually leave with a smile on my face!

My opinion, Tesco have far too many stores offering the negative shopping experience and hence customers are voting with their wallets.

Tesco have a lot to prove before I would contemplate becoming a shareholder.