'Are supermarket giants doomed'? No, it is just history repeating

Everyone writing off supermarket giants

Andrew Evans of Schroders

Andrew Evans of Schroders

For a discipline that offers few certainties, investment can attract an awful lot of, well, certainty.

Whether it be investors, analysts, journalists or other market commentators, people often become convinced some scenario or trend definitely will or will not play out. Check back a few years later, however - always assuming it even occurs to anyone to do so - and that certainty does not always prove to have been warranted. Go back three or four years, for example, and many were arguing it was 'game over' for supermarket giants, such as Morrisons, Sainsbury's and Tesco. The undeniable pressure being brought to bear by the so-called 'hard discounters' of Aldi and Lidl led market watc...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on UK

The fall in sales volumes over the month was because of food stores, which fell by 1.6%.

UK retail sales slip in May as consumer confidence falls to lowest on record

Shoppers cut back on food spending

clock 24 June 2022 • 2 min read
"UK is at a crossroads"

Average global funds hold a third less in the UK than before Brexit

Brexit risks still an issue for managers

clock 23 June 2022 • 4 min read
The UK Infrastructure Bank just surpassed its one year anniversary

UK Infrastructure Bank to move away from investing through fund managers - reports

Chief executive has come under pressure

Elliot Gulliver-Needham
clock 23 June 2022 • 2 min read