it was only about a month ago i heard storys that asda were looking to buy superquinn so maybe they've moved onto a bigger chain.
Certainly won't help things on the jobfront if asda want to close stores...i'd be interested to see how much it goes for considering the amount of properties they have...
Yeah there is gonna be an anouncement from dunnes in the morning as mandate asked them to clear the while issue up as staff etc wanted to know what was goin on with all the stories going around etc. I worked for Dunnes for over 5 years overall and they where very good to work for i thought, would be very suprised to see them sell up tho unless they got an offer to good to reject. Credit crunch and all but all in all they still make a massive profit, might be feeling the pinch a little bit but nothing major id have thought. The shops feeling the pinch will be the smaller independant shops and they will struggle to stay afloat during this time.
Words has it that they are not selling up, there has been no offical approach from ASDA and they will make a statement to that effect today at some stage.
Arent ASDA part of the Walmart chain or is that one of the other chains as one of them is owned by Walmart as Walmart were stopped from opening in the UK.
Dunnes Stores, the difference is, we're irish {and import apples and stuff from Apartheid South Africa and Ask our staff to wait on unpaid standby etc etc etc}
What would you do in a situation where you can get irish strawberries and other fruit n veg for a high price from the suppliers in ireland or import pretty much the same thing for half the costs?. It is just the way things are going at the mo. Suppliers in this country have higher bills, labour costs, overheads etc and are been priced out of there business so they have to charge the dunnes stores and other companies high prices for stock. Where as foreign countries have cheaper business costs etc and can afford to sell there stock for a much lower cost.
I would do exactly what Dunnes did. I just wouldnt tell everyone what a great guy I was at the same time.
Yea Walmart own ASDA. I think Walmart are the biggest group in the world. ASDA were looking to get into the Irish market before they were bought out by Walmart. I know when ADSA moved into the North they basically took over another chain (can't remember the name at the minute) and keep all the staff etc.
Dunnes Stores has again declined to comment on reports that it is convening senior managers for a significant announcement today. On Tuesday, the Mandate trade union, which represents around 5,000 of Dunnes' 18,000 employees, called on the company to clarify whether there were plans to sell the company. Rumours had circulated that the retailer, which accounts for around 25% of the Irish grocery market and also has significant clothing and home furnishing operations, might be sold. AdvertisementSpeculation has focused on the Walmart-owned chain ASDA as a potential purchaser. On Tuesday, ASDA dismissed the suggestion as 'market speculation and rumour'. Some market observers have also greeted the reports with scepticism, saying they have seen such stories come and go before.
I think this is similar to the stories that were floating around about Superquinn earlier in the year. The big players in the UK are interested in getting into the Irish market but would rather buy in that start from scratch.
I hope this doesn't happen, don't like the idea of it at all. Something definitely brewing though cos Dunnes are still declining to comment. Surely if it wasn't happening they would just come out and say it.
guys as far as i am aware it's a done deal with just the announcement to come - they were looking at SQ first
Dont know if anyone's seen the inside of walmarts superstores in the US but I can tell you they are very impressive and generally have very good prices. If they can bring prices down in this country then you would think it has to be good for the consumer but I know Dunnes workers will be a bit cautious about this as I know they have come in for a lot of criticism in the States http://www.wakeupwalmart.com/
After first saying that i doubt Dunnes would sell up, now i think they will or have and it will be announced this week. Margaret heffernan has no one to pass the company onto and no one in her family etc are really qualified to takeover so id say they will sell up.
in the current climate is anyone surprised by this?? perfect opportunity with the whole world running scared.