Walmart to enter ireland ?

The Crook

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Drogpolitician said:
The Crook said:
odie1kanobe said:
[quote="grainne whale":3v2rxlmw]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
You can't blame the masses for their ignorance, most people have been so deeply penetrated by capitalist ideology that they believe huge multinatinals enjoy competing with eachother and hate monopolies.
Or perhaps in our "ignorance" we cheesed off with being fleeced left right & centre and would welcome any form of competition in the retail sector. Maybe you as the "elite" can show us our error as to why we should be happy with the status quo? :roll:

Yes it would be cost prohibitive to start from scratch so buying either Dunnes/Superquinn is really the only option, (more likely Superquinn - the chance of a fast profit for the owners etc). Tesco did it taking over Quinsworth who previously took over 5 Star. Of course ASDA would only move in here if there is a chance of making good profit margins - everyone know's that - but the arguement that is being made is if their entry into the market here leads to REAL competition then bring it on.[/quote:3v2rxlmw]

There is no solution under capitalism, sure we can transfer the wealth away from small and family businesses into the hands of another global giant but that is not exactly progress. Anything saved in consumer prices will be more than lost in terms of small businesses forced to close and repatriation of profits.
 


GDPR

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Drogpolitician said:
FrankSpeaks said:
I would welcome Walmart in Ireland, competition is good for consumers.
Agree 100% - Provided they offer real competition and their prices mirrors that in the UK/NI - and not the Tesco/Dunnes version where goods can be up to 150% more expensive in the ROI then in NI
Jeebus, can you back up that figure of 150% perhaps with a link ?

arnold lane said:
[quote="Victor Meldrew":2ikvij00]
odie1kanobe said:
FrankSpeaks said:
I would welcome Walmart in Ireland, competition is good for consumers.
They are not going to set up from scratch and they are not going to offer something radically different from the marketplace as that will be reflected in the value of the retailer they purchase.
Competition my A$$. They'll just drive out competition and leave us with less choice. Can we not preserve any element of our identity?

Our identity? You mean Tesco, Debenhams, Lidl etc?[/quote:2ikvij00]


Don't worry. The rip-off element of our 'identity' is safe for now :D
 
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There is no solution under capitalism, sure we can transfer the wealth away from small and family businesses into the hands of another global giant but that is not exactly progress. Anything saved in consumer prices will be more than lost in terms of small businesses forced to close and repatriation of profits.
When we reach the socialist utopia then we can work in that environment. In the meantime, back in the real world where we all live, can I ask how many small and family businesses have actually been forced to close as a result of the entry of Tesco's, Aldi, or lidel ino the Irish market? I'm not saying there hasn't been any but my guess is very few.
 

SJL4277

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arnold lane said:
Clanrickard said:
odie1kanobe said:
WAL-MART entry into Ireland - new rumours
The perpetual speculation over Wal-Mart's entry into the Irish market has returned, with the Irish paper the Sunday Business Post reporting that the Irish supermarket sector is "set for a shake-up" with Asda considering entry to the sector.
===

Only route would be to buy someone....Superquinn or Dunnes seem the logical ones.
Wal Mart isn't all it is cracked up to be. They entered Germany but had to pull out under pressure from Aldi and Lidl.

I find that hard to believe The stores are not at all similar. Aldi/Lidl offers a small range of goods in ugly stores. An unpleasant shopping experience, one that I have long avoided.
Walmart offers a vast range of choice, from bicycles to perfumes. Plus their stores are pleasant places.
I didn't find their shops pleasant at all. Grey, drab and no music...like a giant aldi...apparently aldi are doing ok in the u.s market
 

Macca

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Drogpolitician said:
FrankSpeaks said:
I would welcome Walmart in Ireland, competition is good for consumers.
Agree 100% - Provided they offer real competition and their prices mirrors that in the UK/NI - and not the Tesco/Dunnes version where goods can be up to 150% more expensive in the ROI then in NI
You ignore the fact that people in the ROI are generally paid far better. Different economies can't be directly compared- North and South is like oranges and apples :D

There is also the fact of the lower population density and therefore higher distribution costs.
 

vid

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Its good for competition consumers etc etc but Walmart is a monster who treats its employees like dirt in the USA because it has a dominant market position. Its a step up from sweatshops but its just a step up.
 

grainne whale

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odie1kanobe said:
grainne whale said:
Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
Odie, you obviously do very little shopping anyway, judging from the tone of your postings. :lol:
 

saratoga

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May 4, 2007
Messages
111
The Crook said:
Drogpolitician said:
[quote="The Crook":fdmd17mf]
odie1kanobe said:
[quote="grainne whale":fdmd17mf]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
You can't blame the masses for their ignorance, most people have been so deeply penetrated by capitalist ideology that they believe huge multinatinals enjoy competing with eachother and hate monopolies.
Or perhaps in our "ignorance" we cheesed off with being fleeced left right & centre and would welcome any form of competition in the retail sector. Maybe you as the "elite" can show us our error as to why we should be happy with the status quo? :roll:

Yes it would be cost prohibitive to start from scratch so buying either Dunnes/Superquinn is really the only option, (more likely Superquinn - the chance of a fast profit for the owners etc). Tesco did it taking over Quinsworth who previously took over 5 Star. Of course ASDA would only move in here if there is a chance of making good profit margins - everyone know's that - but the arguement that is being made is if their entry into the market here leads to REAL competition then bring it on.[/quote:fdmd17mf]

There is no solution under capitalism, sure we can transfer the wealth away from small and family businesses into the hands of another global giant but that is not exactly progress. Anything saved in consumer prices will be more than lost in terms of small businesses forced to close and repatriation of profits.[/quote:fdmd17mf]

Obviously it's the consumer who chooses. I could be a chump like you and pay high prices at my local corner shop, but I've got another consideration. My wallet. So I buy where I can get the same thing cheaper and make no apology for it.
 

Kevin Doyle

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Jan 9, 2007
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11,017
saratoga said:
The Crook said:
Drogpolitician said:
[quote="The Crook":15253dzr]
odie1kanobe said:
[quote="grainne whale":15253dzr]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
You can't blame the masses for their ignorance, most people have been so deeply penetrated by capitalist ideology that they believe huge multinatinals enjoy competing with eachother and hate monopolies.
Or perhaps in our "ignorance" we cheesed off with being fleeced left right & centre and would welcome any form of competition in the retail sector. Maybe you as the "elite" can show us our error as to why we should be happy with the status quo? :roll:

Yes it would be cost prohibitive to start from scratch so buying either Dunnes/Superquinn is really the only option, (more likely Superquinn - the chance of a fast profit for the owners etc). Tesco did it taking over Quinsworth who previously took over 5 Star. Of course ASDA would only move in here if there is a chance of making good profit margins - everyone know's that - but the arguement that is being made is if their entry into the market here leads to REAL competition then bring it on.
There is no solution under capitalism, sure we can transfer the wealth away from small and family businesses into the hands of another global giant but that is not exactly progress. Anything saved in consumer prices will be more than lost in terms of small businesses forced to close and repatriation of profits.[/quote:15253dzr]

Obviously it's the consumer who chooses. I could be a chump like you and pay high prices at my local corner shop, but I've got another consideration. My wallet. So I buy where I can get the same thing cheaper and make no apology for it.[/quote:15253dzr]

In this country? Good look to you.

But it is telling that you don't mind being forced to drive miles out of town to save a few cents. Just far enough so that the illusion of competition is maintained but those far away cheaper prices doesn't impact on urban or city centre stores etc etc.

If Walmart/Asda enter the Irish market they will not undercut the competition to any degree of note, they will do what all Supermarkets do and aggressively advertise their lose leaders as an example of better prices but the average spend on the weekly shop will of course be the exact same. Walmart will not stir it up will Tesco and Dunnes, they will settle in snuggly and will cream off the novelty shoppers until they embed themselves as a just another place to shop for everything edible under one roof.
 
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grainne whale said:
odie1kanobe said:
[quote="grainne whale":eek:kbtk0af]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
Odie, you obviously do very little shopping anyway, judging from the tone of your postings. :lol:[/quote:eek:kbtk0af]

Au Contraire, clued up enough to be able to post retail stuff well before general media have even got a sniff if it.

As I have already said Ireland is a tiny market with above average margins and no retailer is going to crash them because long term there is no real benefit.
 

Grant Dole

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Mar 5, 2008
Messages
29
odie1kanobe said:
Grant Dole said:
Hi guys,

As far as I know ASDA was bought up by WAL-MART in the late 1990's so they are part of the WAL-MART family. I would therefore reckon that the ASDA-branded supermarkets will be coming to Ireland which would be great as ASDA have ongoing price wars with TESCO in the UK.
For someone who spouts the doctrine you do perhaps you should find out about how Walmart welcomes any form of Union.
Hi odie,

I apologise for my misleading post. I was only thinking how good it would be for the average consumer to have more competition as logically prices should fall. I wasn't aware that WAL-MART treated their staff badly which has been outlined in many posts on this topic. To my best belief there was no trouble with them in that regard when they opened their stores in Germany, and saying that Germany is heavily unionised.
 

grainne whale

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Messages
554
odie1kanobe said:
grainne whale said:
odie1kanobe said:
[quote="grainne whale":1j11zwr2]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
Odie, you obviously do very little shopping anyway, judging from the tone of your postings. :lol:
Au Contraire, clued up enough to be able to post retail stuff well before general media have even got a sniff if it.

As I have already said Ireland is a tiny market with above average margins and no retailer is going to crash them because long term there is no real benefit.[/quote:1j11zwr2]
Oh you mean that you are a 'know all', then please just one question - regarding competition in the retail sector, can you inform us all as to why Tesco are re launching their 'Value' range. :roll:
 
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grainne whale said:
odie1kanobe said:
[quote="grainne whale":25l0058b]
odie1kanobe said:
[quote="grainne whale":25l0058b]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
Odie, you obviously do very little shopping anyway, judging from the tone of your postings. :lol:
Au Contraire, clued up enough to be able to post retail stuff well before general media have even got a sniff if it.

As I have already said Ireland is a tiny market with above average margins and no retailer is going to crash them because long term there is no real benefit.[/quote:25l0058b]
Oh you mean that you are a 'know all', then please just one question - regarding competition in the retail sector, can you inform us all as to why Tesco are re launching their 'Value' range. :roll:[/quote:25l0058b]

yawn if you are trying to be insulting then suggest you actually work at it.

Tesco are not relaunching the value range they are just promoting it more because they of competition from Aldi / Lidl when cash is tight but there is a second reason and thats government reviews. ROI is a cash cow for Tesco because of the margins they enjoy. Tesco introduce and kill lines every single week but their main range reviews are June / Sept and March when lots of new stuff gets added and deleted in one big swoop.

Tesco concerns are in the UK where Aldi and Lidl have picked up customers but quiet a lot of them were from Kwik Save anyway. Both retailers always had a limted selection of brands however they have recently started to list more and more brands that previously were only available at the major supermarkets.
This is a worry as they lower priced but also getting customers who shopped in the major supermarkets to start visiting and the £/€10 spend starts very quickly to come £/€50 with a hit to the majors. They don't want their customers shopping elsewhere when money is tight as many won't come back when money is not tight.

Second reason is Govt. Inflation is jumping hard both in the UK / Ireland at the moment and this adds a lot of pressure throughout the whole economy, the majors are always been looked at for various reasons ...more so in UK than Ireland BUT given the media between the countries most people in ireland would know what happens in UK. Reducing prices not manufacturer funded which is the normal situation means you can take up to 1/2 of a percent of inflation and reduce some of the cost pressure that is building up, supermarkets have to pay more as well for staff so they mindful of this.

Tesco enjoy net margins double that of Aldi/Lidl so the concern is do you lose £/€ 50 a week revenue which may mean you lose the customer eventually of do you accept some losses and keep the customer long term.

A family spending €150 a week at Tesco over 15 years without inflation is worth €50k minimum gross profit but in actual fact you will find its probably close to €70k.

People are price conscious at the moment but that never last more than a couple of months for the majority.
 

FutureTaoiseach

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The more competition the better for bringing down prices. The no vote will encourage more multinationals to come to Ireland because we retain our low corporation-tax regime and this will help buttress the economy against the stormclouds of the construction collapse.
 

grainne whale

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554
odie1kanobe said:
grainne whale said:
odie1kanobe said:
[quote="grainne whale":25ksjwip]
odie1kanobe said:
[quote="grainne whale":25ksjwip]Wal Mart (ASDA) on their way to Ireland - I'm delighted to hear it. Tesco have been milking it since they set up here, at last someone will now put it up to them. :D
Oh How I love people who think retailers will reduce their margins.
Odie, you obviously do very little shopping anyway, judging from the tone of your postings. :lol:
Au Contraire, clued up enough to be able to post retail stuff well before general media have even got a sniff if it.

As I have already said Ireland is a tiny market with above average margins and no retailer is going to crash them because long term there is no real benefit.
Oh you mean that you are a 'know all', then please just one question - regarding competition in the retail sector, can you inform us all as to why Tesco are re launching their 'Value' range. :roll:[/quote:25ksjwip]

yawn if you are trying to be insulting then suggest you actually work at it.

Tesco are not relaunching the value range they are just promoting it more because they of competition from Aldi / Lidl when cash is tight but there is a second reason and thats government reviews. ROI is a cash cow for Tesco because of the margins they enjoy. Tesco introduce and kill lines every single week but their main range reviews are June / Sept and March when lots of new stuff gets added and deleted in one big swoop.

Tesco concerns are in the UK where Aldi and Lidl have picked up customers but quiet a lot of them were from Kwik Save anyway. Both retailers always had a limted selection of brands however they have recently started to list more and more brands that previously were only available at the major supermarkets.
This is a worry as they lower priced but also getting customers who shopped in the major supermarkets to start visiting and the £/€10 spend starts very quickly to come £/€50 with a hit to the majors. They don't want their customers shopping elsewhere when money is tight as many won't come back when money is not tight.

Second reason is Govt. Inflation is jumping hard both in the UK / Ireland at the moment and this adds a lot of pressure throughout the whole economy, the majors are always been looked at for various reasons ...more so in UK than Ireland BUT given the media between the countries most people in ireland would know what happens in UK. Reducing prices not manufacturer funded which is the normal situation means you can take up to 1/2 of a percent of inflation and reduce some of the cost pressure that is building up, supermarkets have to pay more as well for staff so they mindful of this.

Tesco enjoy net margins double that of Aldi/Lidl so the concern is do you lose £/€ 50 a week revenue which may mean you lose the customer eventually of do you accept some losses and keep the customer long term.

A family spending €150 a week at Tesco over 15 years without inflation is worth €50k minimum gross profit but in actual fact you will find its probably close to €70k.

People are price conscious at the moment but that never last more than a couple of months for the majority.[/quote:25ksjwip] Sorry, but your posting is so long that I did not read all of it , but I will say that from your past postings you can dish out the insults as good as anyone else !!
 

wysiwyg

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arnold lane said:
Knock off the gratuitous insults to another nation. What is it about you YES fanatics--what's that strain of anti-Americanism all about?

As to American food not going down well in Ireland, suffice it to mention McDonalds to show how asinine your claim is.
I accept your Mc Donald argument, but counter you with Hershey chocolate...

Bleugh....
 

Guerilla

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FutureTaoiseach said:
The more competition the better for bringing down prices. The no vote will encourage more multinationals to come to Ireland because we retain our low corporation-tax regime and this will help buttress the economy against the stormclouds of the construction collapse.
12.5% eh? I'd prefer it was 100%
 
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FutureTaoiseach said:
The more competition the better for bringing down prices. The no vote will encourage more multinationals to come to Ireland because we retain our low corporation-tax regime and this will help buttress the economy against the stormclouds of the construction collapse.
No vote has no impact on whether Multinationals come to Ireland or not.
 

grainne whale

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odie1kanobe said:
FutureTaoiseach said:
The more competition the better for bringing down prices. The no vote will encourage more multinationals to come to Ireland because we retain our low corporation-tax regime and this will help buttress the economy against the stormclouds of the construction collapse.
No vote has no impact on whether Multinationals come to Ireland or not.
And now you have it straight from 'he who knows'. :lol:
 
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grainne whale said:
odie1kanobe said:
FutureTaoiseach said:
The more competition the better for bringing down prices. The no vote will encourage more multinationals to come to Ireland because we retain our low corporation-tax regime and this will help buttress the economy against the stormclouds of the construction collapse.
No vote has no impact on whether Multinationals come to Ireland or not.
And now you have it straight from 'he who knows'. :lol:
So do share your insight into the decisions Multi nationals make in deciding investment scenarios.
 


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