Friday, Dec 19, 2008
is superdrug the next woolies?
Daily Mail: Superdrug leads discount war with sale cuts of 90 per cent
Extreme sale discounts look set to sweep stores as Superdrug today announced it will slash prices by up to 90 per cent from Boxing Day.
Posted by mark @ 10:54 AM (1185 views) Add Comment
14 Comments
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1. mark wadsworth said...
I've got a one word answer to that.
Kingfisher.
2. mark said...
interesting kind of getting rid of the weaker ones.......
3. drewster said...
I like Superdrug, they're much cheaper than Boots! Considering they target the "value" shopper, I can't imagine them going bust.
4. theboltonfury said...
they will all be bailed out, Mandelson's boyfriend shops at Superdrug
5. Paul said...
It'll be 90% off one or two items not all I guess. Girlfriend works in the phamacy side and that is doing well.
6. mark said...
paul: no disrespect, i remember a guy on here saying he worked at ford and all was OK because managers told them, look at the state of ford now!
7. Paul said...
No disrespect taken just that Phamacy is resilient since against downturns as people still need to take drugs for health reasons. Retail side may be a different matter. Don't worry though UK PLC is upside down ankle deep in sh*t. This is just the beginning.
8. Matthew_henson said...
Unlikley, they are owned by the Kong Kong magnate who owns The Perfume Shop and the mobile compnay Three, any as one poster suggested they are a "value" retailer and they are all doing very well right now
9. crunchy said...
I think Alan Sugar bought a 3% share of Woolworths.
He has also bigged up Brown on radio in the past.
I am watching this one very, very closely!!!!!!!!!!!!
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13. Drugger said...
doubt superdrug will go bust as they are owned by AS Watson of whom are 16 billion +. Also, superdrug are doing quite well for themselves, i think they published a profit of 555 million.
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