Ex-Sainsbury’s CEO Justin King on Brexit effect on supermarkets – Business Insider

Business Insider reports that Justin King, who ran Sainsbury’s for 10 years up until 2014 and supported the Remain campaign last year, saying that the Brexit effects on supermarkets will be ‘higher prices, less choice, and poorer quality’.

Source: Ex-Sainsbury’s CEO Justin King on Brexit effect on supermarkets – Business Insider

To me this was obvious a year ago but then I’m an expert, just like my good friend and fellow blogger, John Gelmini. But last year experts were deliberately snubbed and the public were fed lies by political leaders and biased media. Now the truth is coming out and people will start to feel the pain big time.

It won’t just be the ‘Pound in their pockets’ has a poorer choice in the supermarket. They should expect increasingly widescale cuts in public services and loss of jobs to Europe and technology.

False news abounds for both the Far Left and the Far Right for whom ‘the end justifies the means’. But the truth will prevail – sadly too late for ordinary people savagely impacted by Brexit.

Conservatives are presiding over the biggest potential chaos in hundreds of years and opening the way to the ‘Pied Piper of Islington‘ to seize power. Remember, the radical left want a Marxist state, with or without revolution.

Thoughts?

Opinion – Half of UK households are now shopping at Aldi or Lidl – Telegraph – John Gelmini

This is Lidl in Northern Ireland, United Kingdom.

This is Lidl in Northern Ireland, United Kingdom. (Photo credit: Wikipedia)

Aldi

Aldi (Photo credit: Wikipedia)

Dr Alf is correct, which is why Morrisons have had their worst Christmas ever, and why their hapless Chief Executive is “stepping down”, no doubt with the usual rewards for failure. Tesco PLC had the CEO step-down too, riddled with accounting scandals, complacency and fat cattery at the top.

Waitrose does a good job for those prepared to pay for quality but Aldi and Lidl, German owned by their founding families and without shareholders and plutocrats in the City to feed, have been doing a much better job, albeit with a cut down range of products.

For too long, UK supermarkets have driven farmers to the wall, rendered the country strategically vulnerable by simply importing food and by not delivering proper value to consumers.

Currently, we are “over-shopped” with 50% too much capacity, which to my mind will mean a big reduction in the number of Tesco, Morrison and Co-op outlets, to allow for the 400 new Lidl and Aldi stores, planned by their German owners within the next 2 to 5 years. This is apart from the doubling in size of many Lidl and Aldi outlets, as has happened in Letchworth, Hertfordshire, near where I live.

John Gelmini