tag:blogger.com,1999:blog-5782358.post115016297433354642..comments2024-03-10T00:30:39.541+08:00Comments on ah ok lah: Tesco convertUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5782358.post-1150189564313588902006-06-13T17:06:00.000+08:002006-06-13T17:06:00.000+08:00walmart does the same thing. even Giants does thes...walmart does the same thing. even Giants does these days. higher profit margin, cutting off the middlemanKYhttps://www.blogger.com/profile/02770044511950654660noreply@blogger.comtag:blogger.com,1999:blog-5782358.post-1150179283504728162006-06-13T14:14:00.000+08:002006-06-13T14:14:00.000+08:00tesco instore brands are actually quite decent, es...tesco instore brands are actually quite decent, esp the food stuff, unlike other hypermarts that usually have crap products in the name of affordability.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5782358.post-1150171248309909932006-06-13T12:00:00.000+08:002006-06-13T12:00:00.000+08:00Tesco assumed during 2003/04 that Carrefour was wi...Tesco assumed during 2003/04 that Carrefour was with RealRewards when the latter ran a promotions. which in fact they did not !<BR/><BR/>A hypermarket's best selling item is their own products which is totally own Brand, totally own pricing thus making profit margin a close 5%<BR/><BR/>All things in hypermarket and supermarkets and all...margins of profit is only 1-3%. very low<BR/><BR/>how they survive is by BULK buying and selling at slightly discounted rates from normal shops.<BR/><BR/>That's where u get PRICE WAR, the more and more BULK purchase the lower the price to fight !Anonymousnoreply@blogger.com