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Launch a powerful advertising campaign and captivate your audience with innovative strategies that drive unprecedented brand growth. ....

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BBCNEWS BBC News June 4, 2024 10:15:00

Jack, accounting professor at the university of portsmouth. you supermarket university of portsmouth. you supermarket model university of portsmouth. 7m, supermarket model for nearly 100 years has been to break even on basic goods and make the profits on the nonessentials and non grocery, on payments to suppliers and by cutting costs so, logically, they are already keeping the cost of basics right down, and we do know that they are transferring some of those profits from nonessential goods that they get ironed from alcohol and chocolate for example, and from cost cutting, into trying to keep those prices of the basics lower. so, yes, it is a difficult one. where are they going to go on this? ,., ., , ., . one. where are they going to go on this? ,., ., , ., ~ , ., this? good question. we understand somethin: this? good question. we understand something similar this? good question. we understand something similar has this? good question. we understand something similar has been - ....

Alisa Jack , University Of Portsmouth , Supermarket Model , Cost Cutting , Basics Lower , Case Of Lessons , Choosing Lessons , Cost Structures ,

BBCNEWS BBC News June 4, 2024 11:15:00

Goods that they get, and from alcohol and chocolate, for example, and from cost cutting, into trying to keep those prices of the basics low. so, yeah, it s a difficult one. where are they going to go on this? that is a good question, but we understand something similar has been tried with some success in france. could lessons be learnt there? i think so, and it s a case of choosing what you go for but, of course, cost structures and the way the industry works in france is somewhat different to the uk. i think, essentially, what the government are putting pressure on the supermarkets to do or talking to them about, shall we say, is to leverage what they really have, which is bargaining power down the supply chain. the trouble is, as your previous speaker said, the suppliers, particularly the farmers and growers, are already cutting their costs down to the bone, ....

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