First, best at what it does? Second, it has always been a "supermarket", not a food retailer. It has always sold household goods.
Third, why did it diversify into insurance? Are you suggesting now that it has issued profit warnings because it over-diversified and neglected its core business? The reason it moved into other sectors was that there was PROFIT to be made there. In addition to its core supermarket activity. -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Ian Murray Sent: 19 January 2012 14:20 To: [email protected] Cc: [email protected] Subject: Re: [LU] Leedslist Digest, Vol 19, Issue 50 People go to tesco to buy food. It is a food retailer and the best at what it does. Its success as a food retailer has enabled it to diversify and sell everything else. It wasn't the case that the food side of the business wasn't doing well so the board decided to diversify income streams and sell fucking insurance to make up the difference, was it? We will never agree on this. You never answered my question? Is it because it's a no Mark? Sent from my iPhone _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] PETE CASS (1962 - 2011) Rest In Peace Mate
