Even tighter squeeze on profit margins felt by retail frozen food producers: every day low prices offered by dueling discounters translates to great bargains for consumers, and greater steps by manufacturers toward more efficient production--including outsourcing.(SCANDINAVIA MARKET SURVEY)

From: Quick Frozen Foods International | Date: July 1, 2005| Author: | Copyright information

As children, many of us were told by our parents, "Don t cry before you're hurt," or words to that effect, as we complained about some impending doom. The Danish retail industry has been behaving in a similar fashion.

One year ago, it was reported that the German chain Lidl was planning to open as many as 100 stores in Denmark. While the hard discounter has yet to open a single outlet, the retail sector has responded by lowering prices even further in anticipation.

With prices already at rock bottom levels, this can't possibly be good for the profitability of the ...

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