food discounters
Netto couldn’t handle the UK’s big boys
So now we know. Netto abandoned the UK by selling out to Asda Wal-Mart because the might of the country’s big grocers ultimately caused it too much grief. Speaking at the World Retail Congress in Berlin Claus Juel-Jensen, managing director of Netto International, admitted that the aggressive competition from the likes of Tesco, Asda, Morrisons…
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