Aldi is making all the main players nervous, buying up competition isn't the way forward, this Asda/Sainsbury merger will be paid for by the customer, with price rises paying all the fatcat pay offs and bonuses, typically ill thought out as usual.
Aldi is making all the main players nervous, buying up competition isn't the way forward, this Asda/Sainsbury merger will be paid for by the customer, with price rises paying all the fatcat pay offs and bonuses, typically ill thought out as usual.
Our local Aldi is having a complete refurb starting tonight (closed for 5 days). Queues for the checkouts were horrendous.
Will be interesting to see how things change as there are few towns where these two are competing locally. However, where Asda & Sainsburys are competing, without there being a Tesco or Morrisons they could take the opportunity to snap up these stores, consequently, the merger actually reduces Asda/Sainsburys presence.
Truth always poses doubts & questions. Only lies are 100% believable, because they don't need to justify reality. - Carlos Ruiz Zafon, The Labyrinth of the Spirits
ASDA is mostly out of town, large stores (like Wal Mart, right up to and including the very strange people screeching across the aisles), whereas Sainsbury's started off with town centres, now going for the smaller size local stores with a few larger stores nearby.
A takeover would lead to Walmart monopolising both.
I think I'll stick to Waitrose, thanks.
ETA: apparently, Walmart are thinking off offloading ASDA. That doesn't sound particularly promising for UK investment. I wonder why, as ASDA was supposed to be their big leap out of the US?
I could dream to wide extremes, I could do or die: I could yawn and be withdrawn and watch the world go by.
Replies
Really?
Words, words, they're all we have to go by!.
(Pity they are mangled by this autocorrect!)
http://www.bbc.co.uk/news/business-43933517
Will be interesting to see how things change as there are few towns where these two are competing locally. However, where Asda & Sainsburys are competing, without there being a Tesco or Morrisons they could take the opportunity to snap up these stores, consequently, the merger actually reduces Asda/Sainsburys presence.
A takeover would lead to Walmart monopolising both.
I think I'll stick to Waitrose, thanks.
ETA: apparently, Walmart are thinking off offloading ASDA. That doesn't sound particularly promising for UK investment. I wonder why, as ASDA was supposed to be their big leap out of the US?
No reason to think I'll like their offspring.