Family & Relationships1 min ago
Arcadia Group
Is it right that one company should be allowed to own so many different shops because when it goes pear shaped so many people will be affected? Isn't this something that should be prevented in future?
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No best answer has yet been selected by lankeela. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I see what you're saying, and as said its would be hard to stop and in some cases would be silly. However the likes of Sainsbuys and Asda tried to link up last year and that was stopped, they said it would be for the benefit of the customer, wider choice and cheaper prices, what a load of tosh, it was so they could fix prices and reduce choice.
But then you have the like of B&Q, Wicks and Homebase ( cant see Homebase lasting much longer) putting small DIY shops out of business, all three of them can name their own price, and there's sweet FA we can do about it. That said more importantly if they fold up, Were do you go?? so not great that they rule the whole market.
But then you have the like of B&Q, Wicks and Homebase ( cant see Homebase lasting much longer) putting small DIY shops out of business, all three of them can name their own price, and there's sweet FA we can do about it. That said more importantly if they fold up, Were do you go?? so not great that they rule the whole market.
In some cases this actually keeps some businesses open for longer as the profits from one brand can absorb losses from another brand while the underperforming is fixed. For instance it's likely Miss Selfridge would have gone already without Topshop in the stable. It's when they all go south together because nobody is going high street shopping that this sort of thing happens.