date:Jun 30, 2014
ought its 193 stores in the country and converted most of them to supermarkets.
The surprise Netto announcement had little impact on Sainsburys shares. Both Sainsbury and Tesco, with share declines of about 14 percent this year, have outperformed Morrison, which is down 30 percent.
While analysts including HSBCs David McCarthy and Shore Capitals Clive Black have suggested Tesco should escalate a price war, some large investors are saying that probably wouldnt help.
Discounter Advantage
David