I don’t own shares in the UK supermarket chain Asda (or rather their parent company Wal-Mart) but if I did I would be selling them just about now. Earlier this month Asda announced that they wanted to invoke a new era of ‘democratic consumerism’. To quote their chief executive Andy Bond this will be “the dawn of a new age where customers dictate how we do business and the products we sell.” Dictate! To facilitate this the company is setting up a massive internet based survey, so that it can regularly solicit the opinions of 18,000 customers when decisions are being taken on issues like purchasing. Don’t misunderstand me, I’m all for democracy. But Asda already has it. They choose what to do and look at the numbers of people who come through their doors and what they choose to buy when they get there. But there’s no point asking […]

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