Tesco Value Roasted Salted Peanuts - 37p as priced December 2008
Tesco Value Peanut Price Watch ...June 2008 - February 2009
20p, 21p (Up), 30p (Up), 32p (Up), 37p (Up), 35p (Down), 21p (Down)
Tesco Value Peanut Price Watch ...June 2008 - February 2009
20p, 21p (Up), 30p (Up), 32p (Up), 37p (Up), 35p (Down), 21p (Down)
Regular readers will remember that I emailed Tesco CEO Terry Leahy in December to ask why Tesco Value Roasted Salted Peanuts had jumped in price from 21p to 37p (Tesco Shelling Out More For Nuts)
Tesco replied blaming the rising cost of nuts (105%) and changes in currency exchange rates (40%).
Since December Sterling's value against most other currencies has continued to slide.
Today I was literally stunned to see that the price of Tesco Value Roasted Salted Peanuts has come crashing back to 21p. So much then, Tesco, for your previous 105% nut price rise and 40% currency crash explanation for the price almost doubling.
Tesco replied blaming the rising cost of nuts (105%) and changes in currency exchange rates (40%).
Since December Sterling's value against most other currencies has continued to slide.
Today I was literally stunned to see that the price of Tesco Value Roasted Salted Peanuts has come crashing back to 21p. So much then, Tesco, for your previous 105% nut price rise and 40% currency crash explanation for the price almost doubling.
You might draw the conclusion that Tesco simply makes up the prices of its Value range based on what they think shoppers will pay, rather than what they cost to source.
You might draw that conclusion. I know I do.
You might draw that conclusion. I know I do.