date:Mar 19, 2014
0s.
It's wrong to characterise what's happening as something completely new because discounters have been ever present in my 30 years (career) and there have been times when they've had significantly larger market share than they have today, he said, noting discounters had a share of about 12 percent in the early 1990s compared with 7.5 percent currently.
He said price cuts were part of the cut and thrust of this market, adding: The only model that grows profit sustainably in the long term in