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Tesco share price fell this Thursday as the company battles scandal after scandal in a dramatically bad week for the UK retailer.First, it was reported by a local news source that Peter Burrows, a builder living in Newport, Wales, found a poisonous weed in a Tesco coriander packet. He was said to have received a refund of £1 when he filed a complaint to the company.But more damaging was yet another investigative report by the Bureau of Investigative Journalism and Greenpeace Unearthed, which alleges that soya grown in heavily deforested areas of Brazil is being used to fatten chicken sold in stores of Tesco, Nando, MacDonald’s Asda and Lidl. Tesco share price is still reeling from allegations of selling merchandise produced using forced labour in Asia, as well as series of product recalls over the weekend.Tesco fell 0.48% on the day and is down 2.15% on the week.
Tesco has committed the most alleged GSCOP breaches in the past year, as the number of allegations against retailers has continued to rise in the pandemic.The supermarket reported a 12% year-on-year increase in breaches alleged by its suppliers, showed a report by the British Brands Group (BBG), based on supermarkets’ code compliance reports for 2020.Of the 45 cases at Tesco, 39 related to de-listings. Two had gone into formal dispute and five were unresolved.Asda had the second highest number of alleged breaches, at 29, and Co-op was third with 27.Overall, the number of alleged breaches at the supermarkets was up from 149 last year to 155.The GCA has already admitted seeing a raft of products de-listed at short notice as supermarkets tried to cope with panic buying and huge shifts in consumer demand.Overall, the report praised supermarkets for an overall improvement in transparency.However, it was critical of Morrisons for its continued lack of transparency compared to other retailers.Morrisons, which during the first lockdown was among retailers calling for the code’s de listing rules to be suspended, does not publicly report on alleged breaches of the code, unlike its rivals. “Morrisons is the outlier in not giving quantified information on alleged breaches, actual breaches or disputes,” says the report.Tesco’s report said it had taken sweeping measures to comply with the code. “We have implemented various new and/or improved supplier-facing systems to improve transparency,” it said.The GCA’s own annual supplier survey for 2020 showed the number of suppliers reporting issues under the code declined from 41% last year to 36% this year.
Hand back rates money now that I would applaud It begs the question why supermarkets (perhaps over a given size) were given the relief in the first place.
Horrified customers said they saw the dead birds dangling above their head as they entered Tesco in Church Road, Hove, in August.Pictures of the dead birds were shown on social media and activists from Brighton Animal Rights Collective staged a protest with signs saying “Tesco kills pigeons”.
Front-facing cameras are being trialled at self-service checkouts in some Irish Tesco stores.The supermarket giant has rolled out the subtle new feature in six of its shops nationwide.A spokesperson for the company said that the new feature is for customer security and are in line with GDPR guidelines.
A Perthshire pensioner has been frozen out of £14,000 from his Tesco Bank account in the run up to Christmas with the chain refusing to tell him why.Allan Cosgrove, from the Coupar Angus area, hasn’t been able to access his money for nearly a fortnight after the banking arm of the supermarket giant locked him out of his two accounts on November 27.
"I seen a lot but being crushed by a cage is bad". Not the first time this has happened and it won't be the last. A cowboy operation - always has been, always will be. They make fantastic profits, yet run the stores like Del Boy Trotter would.