motley fool: 'jumbo' return, page-15

Grandcombin

The article suggests that Tatts is making
inroads into Jumbo's returns online.
It would be a lot easier for Tatts to stop
competing with Jumbo by choosing not to allow
sales through Jumbo's website and keep all the
online profits for themselves. All it would take
is 30 days notice now that the agreement has expired.

Fortunately Jumbo have the cash to absorb
the losses they will accumulate overseas
for the next 2-3 years as the profits
made domestically could vanish into
thin air if Tatts chooses to keep all the
cake for themselves.

Clearly a watertight new agreement with Tatts
is needed to keep the domestic business safe and secure.