BRITISH RETAIL giants Sainsburys and Asda captured a 2.5 per cent share of the grocery market in the Republic last December even though they have no shops here, latest market research figures show.
More from The Irish Times.
<Mod> This thread has been merged with "Euronews on crossborder shopping". </Mod>
Last edited by stringjack; 28th January 2009 at 03:03 PM. Reason: Merged thread.
euronews | Dublin doubts euro-shoppers’ patriotism
A report on Euronews about cross-border shopping. The lad from Dundalk sounds like an idiot. Talking along the lines that the bold people of Newry are mean for having lower prices. With this mindset our problems will never be addressed.
None of this boo-hooing deals with the problem. Superquinn closed in Dundalk because it was more expensive to buy the same products than it is 10 miles up the road. More shops will close until price parity is achieved.
Yet we hear very few people actually offering anything progressive on the issue.
The Sooner we get ASDA down here in the south the better.
Then we will really see a drop in prices throughout Ireland from a Price war between the main players.
saying that Tesco are a cheap store in the North and are expensive in the south. So it wouldnt necessarily follow that Asda would be cheap in the South.
People in all walks of life just have to accept that they dont have an intrinsic right to be wealthy
Imagine what they could acheive if they actually opened up down here.
The day the open up is the day we will see real price reductions on our shelves.
Then it will be Bye Bye Dunnes, Superquinn Supervalue and Proper pricing from Tesco Ireland to compare with their UK prices.
Look at ASDA in the UK today, they have announced a extra 7,000 jobs to be created this year!
ASDA would have a price war with TESCO.
Thats what they have done in the North.
This is a warning to our rip-off merchants and the govt in the South. To the retailers - cop yourselves on. To the govt - tackle hefty utility costs - notably in the electricity-sector - with more competition. The average-wage in the ESB is (no kidding) €100,000. Plainly, a showdown with the unions in that organisation is long overdue. Like the French nobility before 1789, their refusal to rescind their privileges stands between the country and economic recovery.
Last edited by FutureTaoiseach; 28th January 2009 at 01:09 PM.
This is why we need an all-Island economy.
To have two separate economies on such a small land mass is ridiculous
wow....thats impressive.
The problem is:
Firstly chain stores in the north are effectively subsidised by a common UK price, whereas their ROI counterparts pass on the additional delivery costs to the consumer.
Secondly VAT in the UK is lower.
Thirdly wages in the north are lower.
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