Tuesday, January 24, 2006

A Supermarket War in Store

So Tesco didnt buy Albertsons (see my previous entry here) which is good news for Tesco shareholders here in the UK. A US based retailer Supervalu did instead as part of a consortium which seems to make a lot of sense to me. Good story here including a glance at the problems Walmart seem to be having keeping top staff.
also Motley fool have a good article here saying that CVS will be the real winner as they are buying 700 of the Albertsons pharmacies thus cementing their role as the USA's largest pharmacist.


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