this post was submitted on 09 Aug 2024
143 points (98.6% liked)

Technology

59080 readers
3296 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 35 points 2 months ago

They failed through a combination of exactly that plus the wrongfully held opinion that their usual plan of selling cheaper than other supermarkets and thereby pushing them out of the market would work the same as in other countries.

Doesn't really work if the other supermarkets are already working with very thin margins. They burnt through a little over 3 billion € by the time they left the German market.