Food retailers in the United Kingdom are feeling the effects of competitive pressure and low inflation. This is most notable in the declining gross-profit margins the two largest U.K. chains reported in their recent year-end 1993 financial results. J. Sainsbury, the largest retailer in the United Kingdom, saw its gross-profit margin decline by about 40 basis points in the year ended March 12, according to Tony MacNeary, a securities analyst at County NatWest, London, who follows European ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.