Phil Oakley 

Can selling groceries over the internet ever stack up for retailers?

Phil Oakley

Can selling groceries over the internet ever stack up for retailers?

The days when UK supermarkets could make operating profit margins of 5-6 per cent seem to have gone for good. Industry profitability has not recovered from the fallout of the 2008 recession. Back then Tesco (TSCO) and Asda were the price-setters, but that mantle has now passed to the discount supermarkets of Aldi and Lidl.

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