For years, the UK supermarkets seemed oblivious — if not arrogant — in the face of changing consumer tastes and the encroachment of the hard discounters. But with every week now bringing more job cuts, store closures, and management changes, have Tesco (LSE: TSCO), Sainsbury’s (LSE: SBRY) and Morrisons (LSE: MRW) U-turned from inaction to outright panic?
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Are Tesco plc, J Sainsbury plc & WM Morrison Supermarkets plc Panicking?
VIDEO: One Fool puts Tesco PLC (LON:TSCO), J Sainsbury plc (LON:sBRY) and WM Morrison Supermarkets plc (LON:MRW) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
