Dunnes Stores to be sold

johnnyrotten

Apparently Big announcement tomorrow or Thurday that Dunnes Stores is to be sold to ADSA / Walmart.
Any Irish owned shops left out there?:eek:

magick

if it means lower prices (which it wont) im all in favour

Sharpshooter

Where did you see this?

Overheal

The last thing you want is Walmart swooping in.

OPENROAD

sharpshooterH wrote: »

Where did you see this?

On the news earlier.

Gummy Panda

I blame Overheal and Barack Obama

johnnyrotten

IMPACT Union have written to Dunnes management to ask if rumours are true of the ASDA takeover. over 150 shops and over 18,000 staff employed there

m@cc@

johnnyrotten wrote: »

Apparently Big announcement tomorrow or Thurday that Dunnes Stores is to be sold to ADSA / Walmart.
Any Irish owned shops left out there?:eek:

Bout time. Their way of doing business and their decor is like something from the 80's. Just the shake up it needs.

Run_to_da_hills

They will have to change their slogan "The Difference Is We Are Irish"

stovelid

Walmart takeover ftw.

Will we be able to buy guns over the counter in Dunnes now?

viota

if a takeover means cheaper stuff, im for it.

Gummy Panda

stovelid wrote: »

Walmart takeover ftw.

Will we be able to buy guns over the counter in Dunnes now?

Yeah!!

me: A phased plasma pulse-laser in the forty watt range...

Dunnes: Just what you see, pal.

me: The Uzi 9 millimeter.

Dunnes: You know your weapons, buddy.

Dunnes: Any one of them's ideal for home defense. Which'll it be?

me: ALL!

Biggins

The only reference I can find so far is the following: http://www.rte.ie/business/2008/1104/dunnes.html

MIN2511

WTF....

Seriously, are there any more Irish owned shops anymore???

I found out yesterday that Spar is German

Sharpshooter

The growth of Walmart.
:eek: and now they'll be over here.

Mr. Poker Tilt

Run_to_da_hills wrote: »

They will have to change their slogan "The Difference Is We Are Irish"

Does anyone really care bar the unions?

Own shopping chain.....Sell or not Sell?

leninbenjamin

meh... i hate Dunnes. couldn't give a sh*t who owns them, i still wouldn't walk 5 mins to shop there.

Corruptedmorals

It is true, I work there and my store manager confirmed it. No word yet on how much money it was, definitely a good few billion anyway, or whether it'll continue trading as Dunnes or revamp completley and scrap homeware and scale down drapery.

Elessar

This is bad for Dunnes, I always found their clothes good quality at affordable prices (for the odd t-shirt/jeans anyway). Also customer service is good. I wonder how this new company will shake things up, or down.

Superquinn is still Irish, right?

OPENROAD

Corruptedmorals wrote: »

It is true, I work there and my store manager confirmed it. No word yet on how much money it was, definitely a good few billion anyway, or whether it'll continue trading as Dunnes or revamp completley and scrap homeware and scale down drapery.

Is it Asda that is coming in?

Blush_01

Elessar wrote: »

Superquinn is still Irish, right?

HAHAHAHAHAHAHAHA... no.

Corruptedmorals

Yep but haven't a clue how. I don't think it's Walmart that are, same company though. They could just keep everything and revamp the supermarkets? I think it's all going to be confirmed on Thursday. The original rumour was that Dunnes bought out Superquinn..

ongarite

To be expected. Gonna be a massive pay-out for the Dunne family, its still a private family-owned business.
Nice move for ASDA too, very decent profit levels in Irish food market compared to UK.

milly4ever

Asda are so cheap, it's so good, hopefully ppl will stop being ripped off

ambman

word in superquinn yesterday

was dunnes were suppose to be buying out superquinn now it turns out asda are buying dunnes.

I cant see superquinn lasting long if asda come in.

ongarite

ambman wrote: »

I cant see superquinn lasting long if asda come in.

Why, rightly or wrongly Superquinn market themselves as an upmarket food retailer, totally different end of the market to ASDA.

pseudonym1

sharpshooterH wrote: »

The growth of Walmart.
:eek: and now they'll be over here.

Disturbing! I think it matters that we wont have a national food/saundry retail change - without being all nationalist and what not ...will we not face an identity crisis if all the retailers are multi-national conglomerates?
There should have been incentives designed to support and protect Irish businesses. These companys make their profits by externalising costs extorting labour pushing out the unions and lots more.

The globalisation thing bothers me..

ambman

ongarite wrote: »

Why, rightly or wrongly Superquinn market themselves as an upmarket food retailer, totally different end of the market to ASDA.

Superquinn not doing that well. And the fact they are owned by property developers who probably owe a tonne of money to the banks and since the property market had gone down the drain they will not have an option but to get out.

Deliverance XXV

ongarite wrote: »

Why, rightly or wrongly Superquinn market themselves as an upmarket food retailer, totally different end of the market to ASDA.

True. They attract two completely different types of clientele.

Are Superquinn Irish? Hard to say. They were taken over by a consortium that claim to be Irish. You decide?

brianthebard

King Nothing wrote: »

True. They attract two completely different types of clientele.

Are Superquinn Irish? Hard to say. They were taken over by a consortium that claim to be Irish. You decide?

What makes a company Irish these days anyways? I'm sure 50% or more of SQ stock is from abroad.

MagicMarker

Apparently Walmart have more dealings with China than the whole of the UK.

Put that in your crack pipe and smoke it!