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Bets are on that the Co-op are pig sick with the purchase of Nisa. The Commercial Estate Agents of Convenience Retail and Catering Property are predicting that there will be a crash in Goodwill values as the chaos in the supply chain begins to Bite.Cash fows and working capital will become scarce as profits are hit in the scramble for goods - especially at peak trading Christmas and New Year.
Predictions suggest that outlets with goodwill premiums last week of up to £500,000 will be down to the 10s of thousands. Co-op may have overpaid for Nisa and Tesco Booker. Hold your breath for opt outs.