Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
Back on January 27th, I posted the prices of 40 PG Tips tea bags on here. Morrisons were charging £1.12, while Tesco were selling them at 93p. Yesterday, in Tesco`s, they were selling for £1.35!!! Thats a 42p rise in three months! All the above figures are checkable. Now, here`s the interesting bit, in the far east, where over half the world`s tea comes from, they`ve been totally unaffected by the recession. So what do you make of all this? I was online at Tesco this morning, and yes, a 42p rise on a box of 40 PG Tips tea bags in 3 months. Can someone give other supermarket`s current prices? Unlike alot of media stories, all the above is factual and easily checkable.
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yuk hate tea
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
Melissa, you don`t know what you`re missing.
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Colin it makes me heave cant stand the stuff
Unregistered User
I am a big tea drinker, I prefer the Yorkshire tea brand but in general the top brands are all acceptable, my strategy on tea buying is when I see a really good offer usually a buy one get one free I stock up that way you never actually pay full price.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i am with mrp on this, stocked up last week at the shop in stembrook with bogof on pg tips.
i mainly drink coffee, so the tea i bought will last me for about a year.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
We have covered both tea and Tescos on other threads before, but what I`m really getting at here is, whatever the commodity, how can you justify raising a very popular item in price, by such a large amount, in so short a time, when there is no actual shortage at source of that product. Are tescos now trying to grab back a loss through trying to outcompete Morrisons? Not singling tesco out here, but they are our regular outlet. I didn`t buy any by the way.
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Colin, what you must realise is that Tesco is not a firm selling tea which happens to make a profit, but a company whose aim is to maximise profit for shareholders which happens to sell tea.
Given the latter there are a number of economic models for adjusting the price of the commodity in question and maximising profit.
Plus, Tesco are sh*ts.
No offence.......
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
bern,none taken.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
Can`t get my head round that one Bob, but I`m sure you`re right, and on the other hand, those supermarkets messing about with prices to such an extreme are all wrong. I wonder if the poor tea pickers get their earnings up and down like that?
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