Typhoo Tea bust
Discussion
I must admit I don't drink tea, but this is saddening none the less.
https://www.dailymail.co.uk/news/article-14137071/...
https://www.dailymail.co.uk/news/article-14137071/...
The Mail said:
Typhoo suffered after a break-in at one of its factories in Merseyside, which was used to store expensive equipment and tea stock.
The raid caused 'extensive damage' to both, with Typhoo having to spend £24 million to repair the damage and boost stocks.
The planned sale of the factory was also delayed by the incident, although was completed by June this year.
£24m from a Break-in??? The raid caused 'extensive damage' to both, with Typhoo having to spend £24 million to repair the damage and boost stocks.
The planned sale of the factory was also delayed by the incident, although was completed by June this year.
Just before they were selling said Factory.
Although I am sad to see the demise of any British firm and associated jobs I can't remember ever having bought Typhoo.
Grew up with tea leaves at home and went on to Tetley when I moved out of home, then Twinings for about the last 15 years.
Maybe it was the fact that in the grand scheme of things tea isn't a very expensive commodity, and people like a premium brand, so they were in that trap that many brands found themselves in, can't compete with the very cheapest on price, can't move into a profitable market segment as the brand isn't premium enough.
One of those firms that in my head look like Sunshine Desserts.
Grew up with tea leaves at home and went on to Tetley when I moved out of home, then Twinings for about the last 15 years.
Maybe it was the fact that in the grand scheme of things tea isn't a very expensive commodity, and people like a premium brand, so they were in that trap that many brands found themselves in, can't compete with the very cheapest on price, can't move into a profitable market segment as the brand isn't premium enough.
One of those firms that in my head look like Sunshine Desserts.
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