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BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:45:00

Retired teacher bleddwyn lives in the centre of town and is a regular customer. if this big tesco s closes, how will that affect you? enormously. it will make my practical life very difficult. i m waiting for a knee operation, which makes me immobile to a certain extent. and i can t walk as far as the other supermarkets. there are a lot of disabled people like myself who live nearby and we, we rely on that big tesco s for all our shopping and we also rely on it for our social life to a certain extent. tesco s plans could also affect bleddwyn financially. ....

Retired Teacher Bleddwyn , Knee Operation , Big Tesco S Closes , Big Tesco S , Smaller Tesco ,

BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:40:00

So, what s the secret of their success? the discounters are able to keep their prices low because they have a slightly different model to the other supermarkets. they have less choice. they have fewer stores. and they have less floor space. so they re avoiding all those costs. that s why it s difficult for the supermarkets to price match with the discounters. but they have tried. tesco are by far the biggest supermarket, with more than a quarter of the market share. four years ago, they decided to play the discounters at their own game. they launched the jack s chain, named after their founder, jack cohen. it s tesco, but not as you know it. this new chain is called jack s. 13 jack s shops were opened, operating on a low cost business model that promised the lowest possible prices , all of them located in some of the most deprived neighbourhoods in england. but the experiment ....

Floor Space , Smaller Tesco , Market Share , Jack S Chain , Jack Cohen , Business Model , Experiment Didn T Work Out ,

BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:43:00

To choose around £25 worth of food. there s no shame in not having enough money to live on, you know. it s not your fault. if people are hungry, theyjust come here and we ll feed them. we just try and make it a little bit of an event for people. so the half hour that they spend here, if you forget about the woes, it helps. and i ve had people come up to us and go, feels like a day out to us. that s why you hear us just laughing and joking with everyone, just to try and create the right atmosphere. tesco says following the closure of jack s in walton, customers are now served by a superstore and three smaller stores in the area. it says, across the uk, it s donated more than 20 million meals to community groups and food banks. back on the high street, the way we buy food is changing, and some of the biggest retailers are turning their attention to smaller shops. convenience shop sales are forecast to grow by more than 13% over the next five years. ....

3 50 , Smaller Tesco , Day Out , Community Groups , Food Banks , Jack S In Walton , 20 Million , Convenience Shop Sales , High Street ,

BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:48:00

If you were to buy this exact shop every week for a year, it would cost over £300 more than the shop from the big supermarket. so visiting your nearest convenience shop can be a more expensive option. if you can, itjust might be worth getting to a bigger store. even if you have to pay for the journey. tesco says the urban locations of their tesco express stores mean higher running costs and prices reflect this. also they ve, locked the price of more than 1,000 everyday staples until 2023 and are, price matching hundreds of products. in cirencester they say there s a nearby store offering an even wider range of affordable food. one big factor driving up food prices has been the fallout from russia s invasion of ukraine. ....

Smaller Tesco , Convenience Shop , Running Costs , Price Matching , Food Prices ,

BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:46:00

Prices are typically higher in smaller supermarkets. so if you re somewhere where you ve only got access to those stores, maybe in a city centre, particularly if you don t have a car or access to public transport, that would let you get to bigger supermarkets where prices tend to be lower. that can really add up over time. bleddwyn has a teacher s pension and gets the state pension too. she budgets to spend £25 a week on food. things were already tight before prices started to rise. i do record everything i spend and i am quite shocked at how much more i m having to spend for what i would call the essentials of life. my food, cleaning products, i mean, i don t buy anything that i consider extravagant, but that takes away some of the emotional pleasure of life. i decided to find out what tesco s plans could mean ....

City Centre , Public Transport , State Pension , Cleaning Products , Smaller Tesco ,