So why pay £778,000,000.00?

I was surfing the internet, trying to see whether there are other "like-minded" souls, who thought that Heinz Beans are tasting worst and worst by the day, when I found this..

I used to shop at my NETTO Supermarket in Bolton - the prices were fairly reasonable, no BS, no fanfare, no hassle, just quality products at fair prices... And then, we got ASDA*Walmart, deciding to buy the Netto stores in the UK and close the UK's chain for good.

So why has ASDA*Walmart decided to spend  £778,000,000.00 ($1,235,853,000.00 - over a billion US dollars - Almost as much as they've spent on the US presidential elections); to close all of the NETTO stores in the UK and change those to Mini ASDAs, and how could any business justify spending that much money, if there wasn't a return... And a return there was, a huge increase in prices, with shoppers being screwed from every angle, whilst being brainwashed into believing that they are saving more and more, and that this move is for their own benefit.

An example of some of the changes:



ASDA
NETTO
Basic Washing Powder.   
£2.80 (3.33kg)
£1.64 (4kg)
Basic Sunflower Spread
£1.00 (500g)
£0.45 (500g)
Skimmed Milk
£0.88 (1ltr)
£0.49 (1ltr)



So remind me again, why did ASDA*Walmart pay £778,000,000.00?




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