Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

City File: Retailers fear hungry CostCo

Saturday 23 October 1993 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

TESCO, Argyll and Sainsbury's beware: CostCo is gonna get ya.

The US warehouse club specialist unveiled a dollars 2.3bn (pounds 1.5bn) merger with PriceCo on Friday, and on Wednesday the invader will learn whether the food retailers have won their case to stop it opening stores in the UK.

While not wishing to predict the outcome of a High Court ruling, the guys at CostCo are looking pretty happy, and the food retailers are feeling glum. This depression is probably going to hit the already soggy shares of the food retailers. Only KwikSave looks safe.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in