They will be safe enough in Wick. There is more to keeping a shop open than targets being met. In my experience targets are dreamed up by numpties who believe that business can forever keep expanding and as we have seen in recent years businesses are discovering that this is not the case and you can't just keep throwing credit at people, to enable them to spend more, without there being consequences.
Tesco could make cuts in the least profitable areas of the store but to shut the doors would handing over a sizeable chunk of business on a plate to their competitors in the town and that's surely a last resort unless the excrement is really hitting the fan.
Of course the share price has soared with the news of closures. Where there is misery for some, someone else always profits from it.
That is my Tesco Value 2p worth on it anyway.
Bookmarks