J Ch - my point was not about how the bread is produced but that allegedly unsold (and so no longer "fresh"icon_wink.gif bread is then repackaged as sliced after its otherwise use by date.

Sounds like you are saying that the Chorleywood process is "Traditional", not to me it ain't.
85% (or thereabouts) of supermarket bread is made by the Chorleywood process and, frankly, it's tasteless rubbish.


This will be the Euphonium in which Tesco bought a stake recently?

Would suggest that >90% of the bread sold in the UK is produced in this manner.

Euphorium is different - it bakes bread the "traditional" way, and only supplies a limited number of Tesco stores in the vicinity of there bakery.

The fact that Tesco own some of Euphorium is not relevant.

So, one week Tesco invest in an artisan bakery, the next said artisan bakery is supplying Tesco. No not relevant at all...

Indeed but that does not make it "traditional".


Which traditional way? ... I ask because you have previously conflated Chorleywood with traditional.


I think it is, especially as you described it as a partnership.

Euphorium supplies Artisan bread to a limited number of stores that are classed as "upmarket" locations, and can sell at the increased price point. It is delivered from the Islington bakery twice each day. It is scratch-baked from raw ingredients each day.

Euphorium have actually been supplying Tesco in Kensington for, I believe, over 2 years now - well before the investment.

Is the fact that Tesco invest in businesses a bad thing?: Harris & Hoole, Dobbies Garden Centres, Blinkbox, Dunnhumby, and more recently the outright purchase of Giraffe shows a commitment to both diversify, and in the longer term possibly enhance the shopping experience.

Oh and you'll notice that Tesco isn't so keen to have its shadow brand, One Stop identified as being a wholly owned subsidiary either. Why's that then?

Because it's aimed at a completely different demographic, selling a different set of SKUs via an entirely separate supply chain - some of the OS stores generate >80% of their turnover from tobacco sales, as the majority of locations came from the purchase of regional newsagents.

That's very corporate of you...

The vast majority of these stores were part of the T&S group that was bought by Tesco, the didn't put the chain together, they have added to it by buying chains like Europa and Cullens. None were newsagents.

So Tesco hasn't been able to bring its supply chain knowledge and clout to One Stop? It hasn't been able to negotiate better rents due to its size?

In reality they sell many of the same lines as Tesco Express and Metro yet have a much bigger mark up (rlan average of 14% morerl), but they don't want the average customer to know that after all many of these store are located in the poorer areas of town.

Yes, I'm corporate through and through.

The most recent acquisition for One Stop was Mills, which were predominantly newsagents.

As I said, the distribution footprint is completely separate to Tesco. Buying is in house, as is corporate purchasing. There is no combined leverage of scale.

I spent a few weeks in OS head office earlier this year, before coming to Thailand, and whilst there are definite synergies, there is currently no desire to integrate. It's a wholly owned subsidiary that is run as a completely separate business.

Anyone know what an "out of code" item is defined as by Tesco?

JUST EAT THE FS#KING STUFF DALLY AND STOP WORRYING!!!

According to Wiki it's around 80% in the UK.

Sorry - typo: bl00dy Ipad! Yes, around 80%.