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October 17, 2005

Supermarket Economics

Heard something on the radio this morning that made me tut in disbelief.

First up, ex-head of Tescos suggesting that small independent retailers should quit whinging about Tescos homing in on their sector – Tescos is what people want so put up, shut up and shut down.

Second, media analyst saying that big retailers like Tescos had been complaining to the newspaper industry about the giveaway CDs and DVDs in the newspapers impacting on their sales of such items.

So the message here is, if we come looking to setup in your sector then screw you – we bring competition and that is a good thing, regardless if it puts you and your community out of business – that's the law of the market.

However, start impacting our sales and that's unfair practice, anti-competition and we will go and complain at the highest level.

Dontcha love it!

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