vegster
Sanity Clause
- May 5, 2008
- 28,274
Aldi & Lidl, the best thing to have happened in retail in this country for years. The likes of Tesco and Sainsburys are crumbling and will soon have no choice but to severly reduce their prices and about time too they have ripped off the public for far to long.
I think it is simply because they are smarter operators and have a lower profit margin. Plus I think they are still privately owned companies thus no pesky dividend payments to shareholders to worry about.