Tesco and Morrisons give up £859m coronavirus business rates relief

[Trazor]

As per the title, who else will give back....

https://news.sky.com/story/covid-19...5m-of-pandemic-business-rates-relief-12148789

 

[mattylad]

OK I'll give back the SFA that I got...

 

[Mottie]

I'm keeping the £10K I got, just to annoy you-know-who.

 

[Notch7]

So they should -supermarkets have seen significant increase in sales and dont need the relief.

 

[Brigadier]

So they should -supermarkets have seen significant increase in sales and dont need the relief.

I did wonder if they have , or have not.
Limited hours, limited occupancy, greater inconvenience = fewer impulse buying (typically, greater profit margin items).......

Are supermarkets doing better than they did last year?

 

[sodthisforfun]

Supermarkets have upped their deliveries, click and collect and benefitted with panic buying as well as buying more because stuck at home. Their profits in the first few weeks of the pandemic soared and I think continue to do so.
They've also put up their prices and cut a lot of offers so people didn't buy more than they needed.

On the flip side, they've created quite a few new jobs, helping out those in who have lost theirs.

 

[fillyboy]

I did wonder if they have , or have not.
Limited hours, limited occupancy, greater inconvenience = fewer impulse buying (typically, greater profit margin items).......

Are supermarkets doing better than they did last year?

They are on bog roll.

 

[Brigadier]

They are on bog roll.

Pfffff..... I wouldn't wipe my arris on it

 

[mattylad]

A 24 pack of Asda's own bog roll used to be £8, since this all started its been £7.50.
So some good came out of it

 

[ellal]

I'm keeping the £10K I got, just to annoy you-know-who.

It'll come back to bite you in the bum eventually...

Spivs always get their comeuppance

 

[Mottie]

See, its working.

 

[Trazor]

More supermarkets now following suit, good for them.

 

[motorbiking]

didn't furlough anyone, not even the work placement student.

 

[ellal]

didn't furlough anyone, not even the work placement student.

Still paying full wages?

If so, good on you

 

[Mottie]

Anyone not furloughed is not furloughed for one reason - there’s no need to as they have no disruption to their business. You don't hear of NHS staff being furloughed for example. Furlough is for businesses that have been affected financially by coronavirus. Ellal doesn’t seem to understand that. He thinks that if the business owner has money in savings, they shouldn’t be taking furlough money until it’s all gone. Idiot.