SPAR Group plans to sell its retail businesses in Switzerland and UK

The South African owners want to separate themselves from the Swiss savings markets. However, it is still unclear when the negotiations can be concluded.

The decision affects about 360 branches in our neighbouring country. But what does the situation actually look like in Austria? We have asked for it. The South African Spar Group is currently making headlines in Switzerland. Spar Switzerland is now officially available for sale. All 363 Swiss savings branches for which a new buyer is sought are affected. Anyone who becomes the new owner is still unclear. One hopes for a local partner. A total of…

SPAR Group plans to sell its retail businesses in Switzerland and UK

There is no UK supermarket price war, says Aldi bossBritain is not in the midst of a supermarket price war despite some suggestions to the contrary, the boss of the UK arm of German discounter Aldi said, warning rivals his business still had "huge potential" for growth.Source: reuters.com UK: Brand new…

Head Of Aldi UK Dismisses Talk Of Supermarket Price War

Giles Hurley, CEO of Aldi UK & Ireland, has said he does not believe the supermarket sector is in the midst of a price war despite suggestions to the contrary, whilst warning rivals his business still had “huge potential” for (more…) The post Head Of Aldi UK Dismisses Talk Of Supermarket Price War appeared first on KamCity.

Aldi boss dismisses Asda's 'phoney' price war claims

Aldi UK chief executive Giles Hurley has questioned the reality of a price war in the grocery sector, calling out Asda’s pledge to become the UK’s cheapest supermarket as a “phoney war”.