Friday 13 June 2008

Who Would Live Next To Tesco?

The Norwich Evening News reports more bad news for some of Tesco's neighbours today. A small toy shop has been faced with a £5,000 bill for damage to the wall that separates it from Tesco. Despite making profits of billions of pounds a year, the supermarket was not prepared to accept liability for two incidents - and only paid up when its lorry was seen to hit the wall in a third case!

All those who still think that Tesco will benefit other retailers should read the other main point in the article...

'Just last week the Evening News told how some of the city's smaller retailers were struggling to compete with multi-national chains such as Tesco.

We found more than 40 former out-of-town outlets that had fallen by the wayside due to the monopoly of large supermarkets, the increasing number of chain stores in the city centre and the credit crunch'.

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