http://www.bbc.co.uk/news/business-26556924
 | | |
| Quote: But fears of a price war between supermarkets and discounters wiped £2bn off the combined value of Tesco, Sainsbury and Morrisons shares. | |
| | |
Doesn't your heart bleed for them...
| x404.co.uk http://www.x404.co.uk/forum/ |
|
| Morrisons restructuring sparks fears of new price war http://www.x404.co.uk/forum/viewtopic.php?f=19&t=21568 |
Page 1 of 1 |
| Author: | pcernie [ Thu Mar 13, 2014 8:09 pm ] | |||||||||
| Post subject: | Morrisons restructuring sparks fears of new price war | |||||||||
http://www.bbc.co.uk/news/business-26556924
Doesn't your heart bleed for them... |
||||||||||
| Author: | l3v1ck [ Thu Mar 13, 2014 10:58 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
A bit more for Morrisons than the others. Maybe because they're the small guy here. |
|
| Author: | steve74 [ Thu Mar 13, 2014 11:19 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
The ones that will suffer in a price war will be the farmers and suppliers, they're the ones that I feel sorry for. You can bet the supermarkets will protect their markup, they'll just squeeze their suppliers further still. |
|
| Author: | Amnesia10 [ Fri Mar 14, 2014 10:36 am ] | |||||||||
| Post subject: | Re: Morrisons restructuring sparks fears of new price war | |||||||||
That was how the horse meat scandal started. It is one reason why I am continuing to cut the processed foods out of my diet. |
||||||||||
| Author: | l3v1ck [ Fri Mar 14, 2014 11:37 am ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
Morrisons suffer as their stores tend to be smaller. We bypass Morrisons and go to Asda. I prefer the atmosphere in Morrisons, but they just don't have the selection that Asda has. I've no idea how the prices compare as I hardly ever compare them. |
|
| Author: | Amnesia10 [ Fri Mar 14, 2014 1:31 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
Asda is cheaper on specific items but overall many items can be bought cheaper elsewhere. Aldi are cheap if they stock it. There stores are smaller as well. |
|
| Author: | pcernie [ Fri Mar 14, 2014 5:29 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
Wm Morrison supermarket suffers payroll data theft http://www.bbc.co.uk/news/business-26574161 |
|
| Author: | Amnesia10 [ Fri Mar 14, 2014 7:03 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
Supermarkets are having a tough time right now. Morrison's have the advantage that they own most of their stores so could be valuable as a take over target. |
|
| Author: | davrosG5 [ Sat Mar 15, 2014 9:32 pm ] |
| Post subject: | Re: Morrisons restructuring sparks fears of new price war |
Which of the big supermarkets don't own their own stores? They're hardly likely to be renting them of each other. I doubt Tesco, Asda or even Sainsbury's could take over Morrisons without falling foul of competition law. Aldi or Lidl maybe? |
|
| Author: | Amnesia10 [ Sat Mar 15, 2014 9:43 pm ] | |||||||||
| Post subject: | Re: Morrisons restructuring sparks fears of new price war | |||||||||
Some have done sale and lease backs of some of their stores. There are also covenants that stop them being sold to competitors. There was something about a recent low carbon store built by Sainsbury being demolished even though it is only 15 years old because it is unsuitable for the current owners. Sainsbury moved to a bigger store only a few miles down the road. Though no other supermarket could buy its store because of the covenant, so it is being demolished. |
||||||||||
| Page 1 of 1 | All times are UTC |
| Powered by phpBB® Forum Software © phpBB Group https://www.phpbb.com/ |
|