reply to post by Miraj
I just think it strange that they can make a good profit in all the other countries they have moved into but they pick now to abandon Japan. its a bit
obvious sales will have been hit this year, but to jump now is somewhat bad timing.
Hard to believe considering every sob story I hear from Japan is usually about some failing family business.
And the fact that their economy is terrible, how many bailouts has their govt. needed to dispense?
reply to post by Flyinghaggis
im still not convinced. it took them 8 years to realise they could not make it work in Japan, yet being the 3rd largest of its kind of business in the
world and NOT failing in any other country? yeh right. just happens that Japan is having its worse year all round and they pull out the whole 129
stores. hmm cant tell me Tesco being good at sourcing its products and succeeding in every other country failed here! sounds like a get-out-quick
scenario to me otherwise they would be pulling out from even worse off countries now if it was down to economics.
not sure this is a failed post just yet
I have been following Tesco since I posted this thread a week ago and strangely they are dumping electrical stock at massive discounted prices in the
UK. I follow a site called www.hotukdeals.com and there seems to be a lot of people claiming to be buying these items up at very good discounts...
might just be coincidence but its seems to be electrical items that are produced in likes of Japan and China ?
or is there more to it ?
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