Got something to say or just want fewer pesky ads? Join us... 😊

Register Log in

Tescos - Bit Of An Accounting Faux Pas



Easy 10

Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
61,773
Location Location
Tesco chairman Sir Richard Broadbent rebuffed criticism that he should have discovered the issue sooner.
"Things are always unnoticed until they have been noticed."

Classic Rumsfeldism.
 




seagullsovergrimsby

seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,690
Crap Town
They might suss out that millions of pounds worth of stock is disappearing out of their stores throughout the UK via the self scan tills , invariably being run by one person overseeing 20 tills who has to buzz around like a blue arsed fly.
 


nicko31

nicko31

Well-known member
Jan 7, 2010
17,611
Gods country fortnightly
There will be many suppliers who will have little sympathy for Tesco's plight, their growth has been on the back of squeezing everyone in the supply chain.
 


H

HawkTheSeagull

New member
Jan 31, 2012
9,122
Eastbourne
seagullsovergrimsby said:
They might suss out that millions of pounds worth of stock is disappearing out of their stores throughout the UK via the self scan tills , invariably being run by one person overseeing 20 tills who has to buzz around like a blue arsed fly.
Click to expand...

And its my job to deal with the loss - its lower than you think. The new CEO has a reputation for not taking any sh*t, so its unsurprising something big has came up like this. Heads may well roll as well, just in the senior management team though - this isnt serious enough financially to cause store-based staff to lose their jobs, but has of course wiped a lot of value from Tesco shares, which a lot of staff own part of.

The company certainly isnt in severe trouble, and even if it was - other supermarkets would easily help themselves to whats left over.

Being honest - expect this to be the tip of the iceberg, more stuff will come out in the coming months.
 






El Presidente

El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
Easy 10 said:
Tesco chairman Sir Richard Broadbent rebuffed criticism that he should have discovered the issue sooner.
"Things are always unnoticed until they have been noticed."

Classic Rumsfeldism.
Click to expand...

Is he saying it's an unknown unknown?
 




Leekbrookgull

Leekbrookgull

Well-known member
Jul 14, 2005
16,253
Leek
What really sums it up is when a major firm i/e Britannia-Co-op announce a £1.5 million black hole !! Don't they have a calulator ?
 






Bry Nylon

Bry Nylon

Test your smoke alarm
Helpful Moderator
Jul 21, 2003
19,868
Playing snooker
Wonder if they've asked Chris Bush if he would like any help with his packing yet?
 














You must log in or register to reply here.

Share this page

Albion and Premier League latest from Sky Sports


Top
Link Here