The Supermarket That’s Eating Britain
Tesco is Britain’s favorite supermarket. With 2,000 stores and 15 million customers a week, it’s almost twice as big as its nearest rival. Dispatches shows how Tesco could soon become even bigger, and asks if this retail giant is abusing its power.
In The Supermarket That’s Eating Britain, Ben Laurance pieces together evidence that reveals the true potential of Tesco’s expansion plans. In two thirds of Britain, Tesco is already the dominant supermarket.
Dispatches’ information shows how that dominance could become even greater. The programme examines the ways in which Tesco avoids paying tens of millions of pounds in tax by exploiting legal loopholes and using complex networks of companies and partnerships here and overseas.
And Dispatches chronicles the links Tesco has forged with New Labour: the programme examines how Tesco has used its connections to exert influence both at Westminster and with local councilors.
The Supermarket That’s Eating Britain hears how: councils feel bullied; MPs complain about being put under pressure; and Tesco uses its financial clout to keep its competitors at bay. (Excerpt from channel4.com)
Watch the full documentary now
This case is pretty same with Wal-Mart case in US, where suddenly a giant turn into a monster.
If I understand correctly, they are successful and therefore it isn’t fair for the stores that cannot do as well. This documentary tries to shine a light on the underbelly of Tesco and it turns out to be kind of ordinary. It seems the employees of Tesco are working towards making it an efficient operation. Some of the employees probably are a bit zealous (absolutely no surprise and really is completely expected).
If I were supposed to see Tesco as an evil organization, this documentary completely failed. Warren Buffett is right, looks like a great investment!