market share: They could be cutting prices to win market share and emerge from the current downturn with a larger customer base, according to The Guardian. Or they could be paying their workers an inflation-busting pay rise to make up for the freezes and low pay awards that characterised the years following the financial crash. They could be stockpiling huge sums to guard against a no-deal Brexit. Some companies can indeed claim that the money has found its way into customers or workers' pockets. But the majority of listed companies have followed a different route acting as cash machines for shareholders and shovelling money into the greedy mouths of the sovereign wealth funds, money managers and desperate pension savers that own so much of the stock market. A few have kept sums aside for a rainy day, although manufacturing businesses have spent the cash stockpiling raw materials and parts more than they have bolstered their bank balances.
(news.financializer.com). As
reported in the news.
Tagged under market share, customer topics.