Nor did he trouble his borrowers with abstract calculations of figures, or references to ready-reckoners; his simple rule of interest being all comprised in the one golden sentence, 'two-pence for every half-penny,' which greatly simplified the accounts, and which, as a familiar precept, more easily acquired and retained in the memory than any known rule of arithmetic, cannot be too strongly recommended to the notice of capitalists, both large and small, and more especially of money-brokers and bill-
discounters. Indeed, to do these gentlemen justice, many of them are to this day in the frequent habit of adopting it, with eminent success.
Time-poor shoppers represent a good
discounter target but not for fashion goods.
* The growth of the food multiples is still taking place -- particularly important are Sainsbury, Tesco, Argyll (including Safeway, Presto and Lo Cost), Asda and the
discounter Kwik Save.
Nearly half of all households now shop at a
discounter every month, up from 40% two years ago.
But Littler said the
discounters could still do better, with 15% of shoppers claiming they would never buy fresh meat or fish from a
discounter, while 11% would never buy fruit & veg.
Fellow
discounter and last year's winner Lidl came second at PS28.13, followed by Morrisons (PS29.12) and Aldi (PS32.06).
Sainsbury's is fighting back by investing in Netto's return to the UK, four years after the Danish
discounter sold up here.
This month it fought back with a new campaign as "Britain's Biggest
Discounter", slashing costs on hundreds of items and launching 350 new products.
The biggest
discounter in Stoll's area is K mart, although a deep discount drugstore is opening.
Yet again, a
discounter has beaten the big four to the punch.
The retailer experienced an increase in footfall as a result of a growing acceptance of the
discounter concept, fuelled by an erosion of the negative perception in terms of product quality.
The
discounter said it would increase the temperature-controlled space at each of its eight depots by 20% in order to increase capacity for fresh and chilled lines.