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Been a few items on the news over the past week, referring to the strangle hold the big four supermarket chains have on the UK grocery market place, controlling almost 75% of it. Article Thisismoney.co.uk
Tesco, Sainsburys, Asda and Morrisons are the culprits in the UK, but I'm sure that there are similar problems in other European countries and the demise of the independent grocery, bakery and butchers is not confined to here. They are also trying to eradicate the Chemists, wine stores, record shops, book shops and clothes shops.
The Supermarket chains say that they are simply giving the customer what they want, value for money, but the suppliers say that the supermarkets are using bully boy tactics and that they are forced into funding the low prices, not the supermarkets.
Independent retailers, the small corner shops and convenience stores, already in sharp decline, are now facing attacks on a second front. These major chains, not satisfied with their 75% market share, are now opening up convenience stores, which benefit from the massive buying power of their parent companies, so how can the little businesses compete?
What does everyone think, should they be controlled? Are these companies really acting in our best interest long term? Will our choice suffer eventually?
Tesco, Sainsburys, Asda and Morrisons are the culprits in the UK, but I'm sure that there are similar problems in other European countries and the demise of the independent grocery, bakery and butchers is not confined to here. They are also trying to eradicate the Chemists, wine stores, record shops, book shops and clothes shops.
The Supermarket chains say that they are simply giving the customer what they want, value for money, but the suppliers say that the supermarkets are using bully boy tactics and that they are forced into funding the low prices, not the supermarkets.
Independent retailers, the small corner shops and convenience stores, already in sharp decline, are now facing attacks on a second front. These major chains, not satisfied with their 75% market share, are now opening up convenience stores, which benefit from the massive buying power of their parent companies, so how can the little businesses compete?
What does everyone think, should they be controlled? Are these companies really acting in our best interest long term? Will our choice suffer eventually?