pod Posted May 2, 2013 Report Share Posted May 2, 2013 Tesco have binned Paisley store. Won't be building at Wallnuek. Quote Link to comment Share on other sites More sharing options...
shull Posted May 2, 2013 Report Share Posted May 2, 2013 Tesco have binned Paisley store. Won't be building at Wallnuek. Thanks for the Stadium anyway. Quote Link to comment Share on other sites More sharing options...
billyg Posted May 2, 2013 Report Share Posted May 2, 2013 Just Linwood then ? Quote Link to comment Share on other sites More sharing options...
flyingscot Posted May 2, 2013 Report Share Posted May 2, 2013 The amounts of money that Tesco will have spent on the land, consultants fees and so forth is unbelievable. Probably over £20million? Unbelievable. Quote Link to comment Share on other sites More sharing options...
Seaside Nipper Posted May 2, 2013 Report Share Posted May 2, 2013 So what's the story ? Cost , logistics , planning................... Quote Link to comment Share on other sites More sharing options...
elvis Posted May 2, 2013 Report Share Posted May 2, 2013 Just Linwood then ? Where abouts. Quote Link to comment Share on other sites More sharing options...
flyingscot Posted May 2, 2013 Report Share Posted May 2, 2013 So what's the story ? Cost , logistics , planning................... Costs to build and the profits that the stores are making. The thinking is that the big supermarket race is done, they have built so many. It will mainly be smaller stores in key locations. Where abouts. In the Town Centre of Linwood. Quote Link to comment Share on other sites More sharing options...
beyond our ken Posted May 2, 2013 Report Share Posted May 2, 2013 The amounts of money that Tesco will have spent on the land, consultants fees and so forth is unbelievable. Probably over £20million? Unbelievable. a prominent business and employment lawyer recently confirmed to me my suspicion that big businesses make money despite their senior management team rather than because of them. Tesco are also in trouble over a store they have actually started building in dunfermline which is sidelined for a full year pending a re-assessment. Thone massive land-bank is starting to look like a liability as it's value is now under scrutiny-could we be seeing a reckoning for Tesco? Quote Link to comment Share on other sites More sharing options...
saintnextlifetime Posted May 2, 2013 Report Share Posted May 2, 2013 Tesco plans for world domination , faltering.Their planned redevelopment for Linwood may also hit the buffers. . Seems like Saints got their cash at a good time. . Quote Link to comment Share on other sites More sharing options...
insaintee Posted May 2, 2013 Report Share Posted May 2, 2013 If they open a small store on the high street then perhaps it's a better option all round? Sell the Walneuk site to Sainsbury or Waitrose? Quote Link to comment Share on other sites More sharing options...
slapamythighs Posted May 2, 2013 Report Share Posted May 2, 2013 Tesco have binned Paisley store. Won't be building at Wallnuek. lets buy it back,and build another dome Quote Link to comment Share on other sites More sharing options...
BuddyHolly9 Posted May 2, 2013 Report Share Posted May 2, 2013 The Walneuk site always confused me, the junction there can be utterly chaotic, so much so the police wait at it quite often. Also, the land surely wasn't big enough to accommodate a decent sized store and car park? I'm delighted they paid up for the land of Love St mind, if it wasn't them it would have been a competitor (or so the story goes) so Tesco served their purpose in keeping the competition out at least. I noticed this on News night a week or so back, seems these hyper markets have had their day and the profits just aren't there. I hope this land doesn't sit with piles of rubble as it currently stands. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted May 2, 2013 Report Share Posted May 2, 2013 The Walneuk site always confused me, the junction there can be utterly chaotic, so much so the police wait at it quite often. Also, the land surely wasn't big enough to accommodate a decent sized store and car park? I'm delighted they paid up for the land of Love St mind, if it wasn't them it would have been a competitor (or so the story goes) so Tesco served their purpose in keeping the competition out at least. I noticed this on News night a week or so back, seems these hyper markets have had their day and the profits just aren't there. I hope this land doesn't sit with piles of rubble as it currently stands. The profits absolutely ARE there. The issue is that those profits aren't rising fast enough to allow the senior management to get their bonuses. This is why so many large companies get so huge and then fall away like a souffle (remember trying to make THEM in school). Management is so focussed not on making profit but on beating last year's profits that they lose sight of the bigger picture. This leaves them open to attack from tiny competitors. It's where Microsoft, Nokia, Google, eBay, facebook and a host of others came from - one man bands who took out vast corporations. Quote Link to comment Share on other sites More sharing options...
civilsaint Posted May 2, 2013 Report Share Posted May 2, 2013 If this is true I fully expect the Planning department to ensure the site is left in an acceptable state (i.e. hoardings removed and the plot grassed). I would assume there are conditions to this effect in their approval. Quote Link to comment Share on other sites More sharing options...
Guest TPAFKATS Posted May 2, 2013 Report Share Posted May 2, 2013 The profits absolutely ARE there. The issue is that those profits aren't rising fast enough to allow the senior management to get their bonuses. This is why so many large companies get so huge and then fall away like a souffle (remember trying to make THEM in school). Management is so focussed not on making profit but on beating last year's profits that they lose sight of the bigger picture. This leaves them open to attack from tiny competitors. It's where Microsoft, Nokia, Google, eBay, facebook and a host of others came from - one man bands who took out vast corporations. The religion of capitalism, or maybe just the fundamentalist branch of it. I watched the bbc report on tesco's quarterly figures last week. Started off negatively, rather downbeat, wasnt until the second sentence the reporter actually announced that they had made a huge amount in pre tax profit. It just wasnt as big as the same 1/4 previous year. Profits must grow, business must grow, the economy must grow. Maybe i'm just a simpleton but surely an economy cannot always grow - similar to blowing up a balloon, it will eventually go pop? Quote Link to comment Share on other sites More sharing options...
HSS Posted August 14, 2015 Report Share Posted August 14, 2015 At last it is...........Farewell Tesco Tesco 2 empty sites in Paisley,Love St and Wallneuk,have been sold to London & Scottish Investments.The Company have bought 14 vacant sites in Scotland from the Supermarket giant.Its not known yet what the land will be used for but they specialise in Residential Developments. Quote Link to comment Share on other sites More sharing options...
pod Posted August 14, 2015 Author Report Share Posted August 14, 2015 At last it is...........Farewell Tesco Tesco 2 empty sites in Paisley,Love St and Wallneuk,have been sold to London & Scottish Investments.The Company have bought 14 vacant sites in Scotland from the Supermarket giant.Its not known yet what the land will be used for but they specialise in Residential Developments. Good, you can't get enough housing. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted August 14, 2015 Report Share Posted August 14, 2015 Profits must grow, business must grow, the economy must grow. Maybe i'm just a simpleton but surely an economy cannot always grow - similar to blowing up a balloon, it will eventually go pop? Actually I agree with you on this as well. I see sustainability as the core aim of a business rather than continual increases in profits. The latter encourages and rewards risky practice which benefits nobody but a handful of already rich people. The former encourages and rewards those who pay their suppliers promptly and at a fair rate, those who ensure employees share in the material wealth of the company thus encouraging loyalty and "buy in" form employees and those who adopt practices which benefit the local community in which they operate. Quote Link to comment Share on other sites More sharing options...
bluto Posted August 14, 2015 Report Share Posted August 14, 2015 Actually I agree with you on this as well. I see sustainability as the core aim of a business rather than continual increases in profits. The latter encourages and rewards risky practice which benefits nobody but a handful of already rich people. The former encourages and rewards those who pay their suppliers promptly and at a fair rate, those who ensure employees share in the material wealth of the company thus encouraging loyalty and "buy in" form employees and those who adopt practices which benefit the local community in which they operate. Fuxake, oaky!Stop trying to pretend that you're 'normal'! It disnae suit you.... Quote Link to comment Share on other sites More sharing options...
oaksoft Posted August 14, 2015 Report Share Posted August 14, 2015 Fuxake, oaky! Stop trying to pretend that you're 'normal'! It disnae suit you.... It wasn't easy I can tell you. Quote Link to comment Share on other sites More sharing options...
saint in exile Posted August 14, 2015 Report Share Posted August 14, 2015 Actually I agree with you on this as well. I see sustainability as the core aim of a business rather than continual increases in profits. The latter encourages and rewards risky practice which benefits nobody but a handful of already rich people. The former encourages and rewards those who pay their suppliers promptly and at a fair rate, those who ensure employees share in the material wealth of the company thus encouraging loyalty and "buy in" form employees and those who adopt practices which benefit the local community in which they operate. Unfortunately, most businesses and their shareholders wouldn't agree with you. Quote Link to comment Share on other sites More sharing options...
stripey Posted August 14, 2015 Report Share Posted August 14, 2015 Good, you can't get enough housing. Agreed in part, the main word missing is affordable. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted August 14, 2015 Report Share Posted August 14, 2015 (edited) Unfortunately, most businesses and their shareholders wouldn't agree with you.yes I know.Sadly you will never stop human beings being greedy selfish cunts who would rather see millions die of starvation and billions struggle in absolute poverty than share some of their vast wealth to prevent it. Imagine having more money than you could ever spend and not saving lives with it. Edited August 14, 2015 by oaksoft Quote Link to comment Share on other sites More sharing options...
pod Posted August 15, 2015 Author Report Share Posted August 15, 2015 Agreed in part, the main word missing is affordable. Obviously in the social sense. Quote Link to comment Share on other sites More sharing options...
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