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12 декабря 2008, 00:00 3491 просмотр

Wal-Mart Asda CEO says deep discounts will hurt UK retailers

CEO of UK grocery chain Asda Andy Bond has warned that 20-25% off sales are not a good way for retailers to grow business during an economic downturn and could haunt them later. Commenting soon after rival Tesco announced a half price sale from Friday up until Christmas he said that deeply discounted promotions are vastly costly for retailers and that they will be a problem for retailers later. www.planetretail.net

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CEO of UK grocery chain Asda Andy Bond has warned that 20-25% off sales are not a good way for retailers to grow business during an economic downturn and could haunt them later. Commenting soon after rival Tesco announced a half price sale from Friday up until Christmas he said that deeply discounted promotions are vastly costly for retailers and that they will be a problem for retailers later. www.planetretail.net

Wal-Mart Asda CEO says deep discounts will hurt UK retailersWal-Mart, Asda, CEO, deep discounts, will hurt, UK retailers
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Wal-Mart Asda CEO says deep discounts will hurt UK retailers
https://www.retail.ru/local/templates/retail/images/logo/login-retail-big.png 243 67
SITE_NAME https://www.retail.ru
https://www.retail.ru/news/34340/2017-12-18