Supermarket – Who – Where – When

Many times I have made comment, never wrong so far? – but saying that I’ve sat on the fence like many whilst the whole mess carries on.
So now we have had at last confirmation from Tesco (Not the actual developer) that they will not be taking their option on the Station Road site. There will be a number of disappointed parties here, the land owner, the developer and ‘some’ local businesses.
However I doubt if residents of Station Road or Inhams Road will be crying over the decision. Luck in this cases was that Market Forces/conditions forced the decision – plus the ‘Big’ hole in Tescos accounts (See end).

Now we come to Sainsburys, we now have a full planning application coming before Fenland District Council in the near future. (Again see end)

Now being more than cynical I don’t know how many times I have ‘held’ my breath ‘waiting’ but I would need an oxygen tank the size of one of Sainsburys Petrol Tankers at this stage. Just because we have now at long last reached this stage – and all the hard work done by a multitude number of people and not yet counting the cost.
Will they or not build.
Just yesterday Sainsburys announced Store closures and job losses – a brave move maybe.

F/YR14/0991/F Erection of a food store with café, petrol filling station and car wash with associated parking, landscaping and highway works including formation of roundabouts and change of use of agricultural land to form Country Park with associated landscaping – Land South and West of 300 Eastrea Road, Whittlesey.

I declare an interest:

I  am personal shareholder in the following Supermarkets –
Sainsburys since 1994 (Worth less today than 21 years ago – (Long term investment!!!)
Tesco since 1999 (Worth the same (Long term investment!!!)
Morrisons since 1997 (Worth less today (Long term investment)

Don’t talk to me about pimply faced investment bankers still in their nappies.

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