Large retailers look to expand overseas...........
Discussion
The UK market is so pisspoor for a lot of large retailers at the moment that looking overseas is probably essential for growth.
We've had the worst Christmas since 1981 and a number of retailers have put out profits warnings and Courts have gone bust.
Unfortunately the outlook for small retailers is even worse. Tesco, Asda and co are so desperate for market share that they are now competing not just with small grocers (who they have practically wiped out) but with book stores, electrical retailers, music stores and clothes shops. The British public in it's never ceasing quest for "value" will end up eventually with a choice of about 5 retailers.
We've had the worst Christmas since 1981 and a number of retailers have put out profits warnings and Courts have gone bust.
Unfortunately the outlook for small retailers is even worse. Tesco, Asda and co are so desperate for market share that they are now competing not just with small grocers (who they have practically wiped out) but with book stores, electrical retailers, music stores and clothes shops. The British public in it's never ceasing quest for "value" will end up eventually with a choice of about 5 retailers.
You said it, Paul.
Every aspect of 'policy' needs balance and in economic terms, anybody not working for the mass conglomerates is staring down the barrel of a gun: these organisations have the sheer muscle to enter and control any market at will.
Of course, they are bribing their way to total domination: short sighted councils (contemptible scum to a chamber anyway) systematically destroying local economies by accepting pitiful bribes for the granting of - by any other applicatants' submissions - scandalous planning permissions.
At national level, the honey pot is simply too irresistable so you've had chaps from the top few FMCGs given positions within government itself and thus, the circle of corruption is complete.
Factor in the murderous regulations and unworkable employee rights' legislation and the prognosis for a genuinely competitive, long term future may not be all that sensational.
As you say, it's not just physical goods markets, their incursion into service industries spells further ruination amidst previously unaffected sectors there.
The irony is that as their power increases exponentially, they ultimately undermine themselves as their customer base becomes increasingly affected, dislodged from their own wealth creation potential.
Seems like bollocks but you just watch: in 10-15 years, these 'economies within the economy' will control absolutely everything.
Just as I believe in basic state infrastructural provision, so I am convinced that in extremis, the machinery of monopolistic control should be activated.
Comrade DeR.
Every aspect of 'policy' needs balance and in economic terms, anybody not working for the mass conglomerates is staring down the barrel of a gun: these organisations have the sheer muscle to enter and control any market at will.
Of course, they are bribing their way to total domination: short sighted councils (contemptible scum to a chamber anyway) systematically destroying local economies by accepting pitiful bribes for the granting of - by any other applicatants' submissions - scandalous planning permissions.
At national level, the honey pot is simply too irresistable so you've had chaps from the top few FMCGs given positions within government itself and thus, the circle of corruption is complete.
Factor in the murderous regulations and unworkable employee rights' legislation and the prognosis for a genuinely competitive, long term future may not be all that sensational.
As you say, it's not just physical goods markets, their incursion into service industries spells further ruination amidst previously unaffected sectors there.
The irony is that as their power increases exponentially, they ultimately undermine themselves as their customer base becomes increasingly affected, dislodged from their own wealth creation potential.
Seems like bollocks but you just watch: in 10-15 years, these 'economies within the economy' will control absolutely everything.
Just as I believe in basic state infrastructural provision, so I am convinced that in extremis, the machinery of monopolistic control should be activated.
Comrade DeR.
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