Mixed reaction over sale of People’s chain of supermarkets
Another historical company under the hammer following intention to sell SOBO * As a company we have been struggling with capital inadequacy for the past 8 years due to some serious capital losses * I think People’s has failed miserably in all sectors. This is the final nail on the coffin — the shops will never resurrect as per say * People’s management was backward, it was used to operating in an environment of no competition * The reputation…
