Companies / United Kingdom
Consumer Focus On Price Leads To Differing Performance For Retailers
June 2008 | Company Finance AlertThe recent results posted by the UK's four major food and drink retailers reveal a substantial disparity in performance, with Morrison and Asda profiting at the expense of J. Sainsbury and Tesco. An economic slowdown and soaring food prices are likely to be the main reasons for this divergence, and all four retailers are now seeking to adapt their strategy to align with the new economic
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